Rawasi Albina Investment Co. 2023 Annual Results
Rawasi Albina Investment Co. (9547) reported full year 2023 revenue of SAR 164M, up 276.1% from SAR -93M in 2022. Net profit came in at SAR 23M, up 3.7% year on year. Earnings per share were SAR 0.41. 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 0.13 arrived as operating cash flow — indicating Low quality earnings with a cash conversion ratio of 0.13.
Year on Year Comparison
Revenue increased by 276.1% compared to 2022. Net profit increased by 3.7%. 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: 2024-03-26.