Munawla Cargo Co. 2023 Annual Results
Munawla Cargo Co. (9571) reported full year 2023 revenue of SAR 117M, down 15.5% from SAR 139M in 2022. Net profit came in at SAR 5M, down 56.0% year on year. Earnings per share were SAR 4.95. The company generated SAR 8M 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 1.70 arrived as operating cash flow — indicating Exceptional quality earnings with a cash conversion ratio of 1.70.
Year on Year Comparison
Revenue decreased by 15.5% compared to 2022. Net profit decreased by 56.0%. Both revenue and profit declined year on year.
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: 2024-05-07.