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Naseej for Technology Co. 2021 Annual Results

Revenue

SAR 134M

Net Profit

SAR 21M

Naseej for Technology Co. (9538) reported full year 2021 revenue of SAR 134M, down 1.6% from SAR 136M in 2020. Net profit came in at SAR 21M, up 116.9% year on year. All figures sourced from CMA-mandated XBRL filings on the Saudi Exchange, processed by Sahm Screener.

Key Financial Metrics

Metric	2021	2020
Revenue	SAR 134M	SAR 136M
Net Profit	SAR 21M	SAR 10M
Gross Profit	SAR 61M	SAR 70M
Net Margin	15.6%	7.1%
ROE	22.3%	13.0%
Total Assets	SAR 193M	SAR 199M
Total Equity	SAR 94M	SAR 74M

Year on Year Comparison

Revenue decreased by 1.6% compared to 2020. Net profit increased by 116.9%. Revenue declined but profit grew — indicating improved efficiency or cost control.

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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: 2022-07-03.