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Mobile Telecommunication Company Saudi Arabia 2023 Annual Results

Revenue
SAR 9.88B
Net Profit
SAR 1.27B
EPS
SAR 1.41
Operating Cash Flow
SAR 1.72B

Mobile Telecommunication Company Saudi Arabia (7030) reported full year 2023 revenue of SAR 9.88B, up 362.9% from SAR -3.76B in 2022. Net profit came in at SAR 1.27B, up 130.5% year on year. Earnings per share were SAR 1.41. The company generated SAR 1.72B in operating cash flow. All figures sourced from CMA-mandated XBRL filings on the Saudi Exchange, processed by Sahm Screener.

Earnings Quality

Of every SAR 1.00 in reported net profit, SAR 1.35 arrived as operating cash flow — indicating Exceptional quality earnings with a cash conversion ratio of 1.35.

Key Financial Metrics

Metric20232022
RevenueSAR 9.88BSAR -3.76B
Net ProfitSAR 1.27BSAR 550M
Gross ProfitSAR 5.32B
Net Margin12.8%-14.6%
ROE12.0%5.6%
EPSSAR 1.41
Total AssetsSAR 27.38BSAR 28.36B
Total EquitySAR 10.59BSAR 9.80B
Total LiabilitiesSAR 16.79B
Operating Cash FlowSAR 1.72B

Year on Year Comparison

Revenue increased by 362.9% compared to 2022. Net profit increased by 130.5%. Both revenue and profit grew — indicating expanding business.

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: 2024-05-19.