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Arabian Internet and Communications Services Co. 2022 Annual Results

Revenue

SAR 6.79B

Net Profit

SAR 1.05B

Arabian Internet and Communications Services Co. (7202) reported full year 2022 revenue of SAR 6.79B, up 23.5% from SAR 5.50B in 2021. Net profit came in at SAR 1.05B, up 26.5% 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 6.79B	SAR 5.50B
Net Profit	SAR 1.05B	SAR 833M
Gross Profit	SAR 2.01B	SAR 1.71B
Net Margin	15.5%	15.1%
ROE	37.7%	36.7%
Total Assets	SAR 10.28B	SAR 7.17B
Total Equity	SAR 2.79B	SAR 2.27B

Year on Year Comparison

Revenue increased by 23.5% compared to 2021. Net profit increased by 26.5%. 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: 2023-03-08.