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Naseej for Technology Co. 2022 Annual Results

Revenue

SAR 150M

Net Profit

SAR 22M

Naseej for Technology Co. (9538) reported full year 2022 revenue of SAR 150M, up 12.4% from SAR 134M in 2021. Net profit came in at SAR 22M, up 5.8% year on year. All figures sourced from CMA-mandated XBRL filings on the Saudi Exchange, processed by Sahm Screener.

Key Financial Metrics

Metric	2022	2021
Revenue	SAR 150M	SAR 134M
Net Profit	SAR 22M	SAR 21M
Gross Profit	SAR 65M	SAR 61M
Net Margin	14.7%	15.6%
ROE	19.0%	22.3%
Total Assets	SAR 224M	SAR 193M
Total Equity	SAR 116M	SAR 94M

Year on Year Comparison

Revenue increased by 12.4% compared to 2021. Net profit increased by 5.8%. Both revenue and profit grew — indicating expanding business.

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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: 2023-04-04.