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Mobile Telecommunication Company Saudi Arabia 2022 Annual Results

Revenue

SAR -3.76B

Net Profit

SAR 550M

Mobile Telecommunication Company Saudi Arabia (7030) reported full year 2022 revenue of SAR -3.76B, down 24.7% from SAR -3.02B in 2021. Net profit came in at SAR 550M, up 156.5% 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 -3.76B	SAR -3.02B
Net Profit	SAR 550M	SAR 214M
Gross Profit	SAR 5.32B	SAR 4.88B
Net Margin	-14.6%	-7.1%
ROE	5.6%	2.4%
Total Assets	SAR 28.36B	SAR 27.88B
Total Equity	SAR 9.80B	SAR 9.04B

Year on Year Comparison

Revenue decreased by 24.7% compared to 2021. Net profit increased by 156.5%. Revenue declined but profit grew — indicating improved efficiency or cost control.

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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: 2023-04-02.