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Etihad GO Telecom Co. 2023 Annual Results

Revenue

SAR 448M

Net Profit

SAR 42M

Etihad GO Telecom Co. (7040) reported full year 2023 revenue of SAR 448M, up 56.1% from SAR 287M in 2022. Net profit came in at SAR 42M, up 211.5% year on year. All figures sourced from CMA-mandated XBRL filings on the Saudi Exchange, processed by Sahm Screener.

Key Financial Metrics

Metric	2023	2022
Revenue	SAR 448M	SAR 287M
Net Profit	SAR 42M	SAR -38M
Gross Profit	SAR 183M	SAR 92M
Net Margin	9.4%	-13.2%
ROE	36.3%	-51.0%
Total Assets	SAR 887M	SAR 845M
Total Equity	SAR 116M	SAR 74M

Year on Year Comparison

Revenue increased by 56.1% compared to 2022. Net profit increased by 211.5%. 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: 2023-06-04.