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Watani Iron Steel Co. 2021 Annual Results

Revenue

SAR 554M

Net Profit

SAR 47M

Watani Iron Steel Co. (9513) reported full year 2021 revenue of SAR 554M, up 37.6% from SAR 403M in 2020. Net profit came in at SAR 47M, up 51.4% year on year. All figures sourced from CMA-mandated XBRL filings on the Saudi Exchange, processed by Sahm Screener.

Key Financial Metrics

Metric	2021	2020
Revenue	SAR 554M	SAR 403M
Net Profit	SAR 47M	SAR 31M
Gross Profit	SAR 68M	SAR 56M
Net Margin	8.5%	7.7%
ROE	25.1%	22.1%
Total Assets	SAR 371M	SAR 387M
Total Equity	SAR 187M	SAR 140M

Year on Year Comparison

Revenue increased by 37.6% compared to 2020. Net profit increased by 51.4%. 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: 2022-03-03.