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Arabian Internet and Communications Services Co. 2020 Annual Results

Revenue
SAR 5.47B
Net Profit
SAR 702M

Arabian Internet and Communications Services Co. (7202) reported full year 2020 revenue of SAR 5.47B, up 24.0% from SAR 4.41B in 2019. Net profit came in at SAR 702M, up 78.2% year on year. All figures sourced from CMA-mandated XBRL filings on the Saudi Exchange, processed by Sahm Screener.

Key Financial Metrics

Metric20202019
RevenueSAR 5.47BSAR 4.41B
Net ProfitSAR 702MSAR 394M
Gross ProfitSAR 1.42BSAR 847M
Net Margin12.8%8.9%
ROE36.5%31.3%
Total AssetsSAR 6.33BSAR 4.88B
Total EquitySAR 1.92BSAR 1.26B

Year on Year Comparison

Revenue increased by 24.0% compared to 2019. Net profit increased by 78.2%. 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: 2021-10-03.