Alhasoob Co. 2023 Annual Results
Alhasoob Co. (9522) reported full year 2023 revenue of SAR 230M, up 15.1% from SAR 200M in 2022. Net profit came in at SAR 2M, down 73.8% year on year. Earnings per share were SAR 0.62. 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 5.29 arrived as operating cash flow — indicating Exceptional quality earnings with a cash conversion ratio of 5.29.
Year on Year Comparison
Revenue increased by 15.1% compared to 2022. Net profit decreased by 73.8%. 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: 2024-04-03.