Saudi Parts Center Co. 2023 Annual Results
Saudi Parts Center Co. (9533) reported full year 2023 revenue of SAR 113M, up 84.8% from SAR 61M in 2022. Net profit came in at SAR 6M, down 13.2% year on year. Earnings per share were SAR 1.99. The company generated SAR 1M 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 0.25 arrived as operating cash flow — indicating Low quality earnings with a cash conversion ratio of 0.25.
Year on Year Comparison
Revenue increased by 84.8% compared to 2022. Net profit decreased by 13.2%. 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: 2024-04-01.