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Etihad Etisalat Co. 2022 Annual Results

Revenue

SAR 6.31B

Net Profit

SAR 1.66B

Etihad Etisalat Co. (7020) reported full year 2022 revenue of SAR 6.31B, up 2.3% from SAR 6.16B in 2021. Net profit came in at SAR 1.66B, up 54.6% year on year. All figures sourced from CMA-mandated XBRL filings on the Saudi Exchange, processed by Sahm Screener.

Key Financial Metrics

Metric	2022	2021
Revenue	SAR 6.31B	SAR 6.16B
Net Profit	SAR 1.66B	SAR 1.07B
Gross Profit	SAR 9.36B	SAR 8.67B
Net Margin	26.3%	17.4%
ROE	10.1%	7.0%
Total Assets	SAR 39.77B	SAR 39.36B
Total Equity	SAR 16.36B	SAR 15.20B

Year on Year Comparison

Revenue increased by 2.3% compared to 2021. Net profit increased by 54.6%. Both revenue and profit grew — indicating expanding business.

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Financial data sourced from CMA-mandated XBRL filings published on the Saudi Exchange (Tadawul). Data processed and structured by Sahm Screener (sahmscreener.com). Updated nightly. Last updated: 2023-02-27.