Perfect Presentation for Commercial Services Co. 2023 Annual Results
Perfect Presentation for Commercial Services Co. (7204) reported full year 2023 revenue of SAR 1.13B, up 251.3% from SAR -747M in 2022. Net profit came in at SAR 129M, down 1.6% year on year. Earnings per share were SAR 0.86. The company generated SAR -114M 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 -0.88 arrived as operating cash flow — indicating Low quality earnings with a cash conversion ratio of -0.88.
Year on Year Comparison
Revenue increased by 251.3% compared to 2022. Net profit decreased by 1.6%. Revenue grew but profit declined — suggesting margin pressure.
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: 2024-04-29.