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Advance International Company for Communication and Information Technology 2023 Annual Results

Revenue
SAR 47M
Net Profit
SAR 3M
EPS
SAR 0.05
Operating Cash Flow
SAR 3M

Advance International Company for Communication and Information Technology (9524) reported full year 2023 revenue of SAR 47M. Net profit came in at SAR 3M. Earnings per share were SAR 0.05. The company generated SAR 3M 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 0.87 arrived as operating cash flow — indicating High quality earnings with a cash conversion ratio of 0.87.

Key Financial Metrics

Metric2023
RevenueSAR 47M
Net ProfitSAR 3M
Net Margin6.6%
ROE8.3%
EPSSAR 0.05
Total AssetsSAR 63M
Total EquitySAR 37M
Total LiabilitiesSAR 26M
Operating Cash FlowSAR 3M

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: 2024-03-18.