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Balady Poultry Co. 2023 Annual Results

Revenue

SAR 758M

Net Profit

SAR 101M

EPS

SAR 15.36

Operating Cash Flow

SAR 110M

Balady Poultry Co. (9559) reported full year 2023 revenue of SAR 758M, up 38.9% from SAR 546M in 2022. Net profit came in at SAR 101M, up 18.6% year on year. Earnings per share were SAR 15.36. The company generated SAR 110M 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 1.09 arrived as operating cash flow — indicating Exceptional quality earnings with a cash conversion ratio of 1.09.

Key Financial Metrics

Metric	2023	2022
Revenue	SAR 758M	SAR 546M
Net Profit	SAR 101M	SAR 85M
Gross Profit		SAR 96M
Net Margin	13.3%	15.6%
ROE	48.0%	62.0%
EPS	SAR 15.36
Total Assets	SAR 256M	SAR 186M
Total Equity	SAR 210M	SAR 137M
Total Liabilities	SAR 46M
Operating Cash Flow	SAR 110M

Year on Year Comparison

Revenue increased by 38.9% compared to 2022. Net profit increased by 18.6%. 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: 2024-03-28.