Ladun Investment Co. 2023 Annual Results
Ladun Investment Co. (9535) reported full year 2023 revenue of SAR 1.44B, up 111.7% from SAR 678M in 2022. Net profit came in at SAR 109M, up 81.7% year on year. Earnings per share were SAR 0.22. The company generated SAR -283M 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 -2.59 arrived as operating cash flow — indicating Low quality earnings with a cash conversion ratio of -2.59.
Year on Year Comparison
Revenue increased by 111.7% compared to 2022. Net profit increased by 81.7%. Both revenue and profit grew — indicating expanding business.
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.