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Foods Gate Trading Co. 2023 Annual Results

Revenue

SAR 59M

Net Profit

SAR 8M

EPS

SAR 4.00

Operating Cash Flow

SAR 19M

Foods Gate Trading Co. (9562) reported full year 2023 revenue of SAR 59M, up 36.6% from SAR 43M in 2022. Net profit came in at SAR 8M, up 0.7% year on year. Earnings per share were SAR 4.00. The company generated SAR 19M 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 2.23 arrived as operating cash flow — indicating Exceptional quality earnings with a cash conversion ratio of 2.23.

Key Financial Metrics

Metric	2023	2022
Revenue	SAR 59M	SAR 43M
Net Profit	SAR 8M	SAR 8M
Gross Profit		SAR 18M
Net Margin	14.2%	19.2%
ROE	18.3%	22.4%
EPS	SAR 4.00
Total Assets	SAR 69M	SAR 63M
Total Equity	SAR 46M	SAR 37M
Total Liabilities	SAR 23M
Operating Cash Flow	SAR 19M

Year on Year Comparison

Revenue increased by 36.6% compared to 2022. Net profit increased by 0.7%. 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.