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Watani Iron Steel Co. 2020 Annual Results

Revenue

SAR 403M

Net Profit

SAR 31M

Watani Iron Steel Co. (9513) reported full year 2020 revenue of SAR 403M, down 6.5% from SAR 431M in 2019. Net profit came in at SAR 31M, up 5.7% year on year. All figures sourced from CMA-mandated XBRL filings on the Saudi Exchange, processed by Sahm Screener.

Key Financial Metrics

Metric	2020	2019
Revenue	SAR 403M	SAR 431M
Net Profit	SAR 31M	SAR 29M
Gross Profit	SAR 56M	SAR 50M
Net Margin	7.7%	6.8%
ROE	22.1%	20.3%
Total Assets	SAR 387M	SAR 405M
Total Equity	SAR 140M	SAR 145M

Year on Year Comparison

Revenue decreased by 6.5% compared to 2019. Net profit increased by 5.7%. Revenue declined but profit grew — indicating improved efficiency or cost control.

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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: 2021-03-30.