Leen Alkhair Trading Co. 2023 Annual Results
Leen Alkhair Trading Co. (9555) reported full year 2023 revenue of SAR 251M, up 33.9% from SAR 188M in 2022. Net profit came in at SAR 12M, down 48.3% year on year. Earnings per share were SAR 1.47. The company generated SAR -13M 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 -1.07 arrived as operating cash flow — indicating Low quality earnings with a cash conversion ratio of -1.07.
Year on Year Comparison
Revenue increased by 33.9% compared to 2022. Net profit decreased by 48.3%. 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: 2024-04-03.