Abdulaziz and Mansour Ibrahim Albabtin Co. 2023 Annual Results
Abdulaziz and Mansour Ibrahim Albabtin Co. (9549) reported full year 2023 revenue of SAR 144M, up 60.1% from SAR 90M in 2022. Net profit came in at SAR 6M, down 59.5% year on year. Earnings per share were SAR 1.71. The company generated SAR 7M 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 1.28 arrived as operating cash flow — indicating Exceptional quality earnings with a cash conversion ratio of 1.28.
Year on Year Comparison
Revenue increased by 60.1% compared to 2022. Net profit decreased by 59.5%. 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: 2024-03-28.