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Natural Gas Distribution Co. 2023 Annual Results

Revenue

SAR 92M

Net Profit

SAR 4M

EPS

SAR 0.75

Operating Cash Flow

SAR 9M

Natural Gas Distribution Co. (9516) reported full year 2023 revenue of SAR 92M, up 20.5% from SAR 77M in 2022. Net profit came in at SAR 4M, up 14.4% year on year. Earnings per share were SAR 0.75. The company generated SAR 9M 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 2.41 arrived as operating cash flow — indicating Exceptional quality earnings with a cash conversion ratio of 2.41.

Key Financial Metrics

Metric	2023	2022
Revenue	SAR 92M	SAR 77M
Net Profit	SAR 4M	SAR 3M
Gross Profit		SAR 14M
Net Margin	4.1%	4.3%
ROE	6.5%	5.8%
EPS	SAR 0.75
Total Assets	SAR 88M	SAR 86M
Total Equity	SAR 58M	SAR 57M
Total Liabilities	SAR 30M
Operating Cash Flow	SAR 9M

Year on Year Comparison

Revenue increased by 20.5% compared to 2022. Net profit increased by 14.4%. 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: 2024-04-01.