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Al Rashid Industrial Co. 2023 Annual Results

Revenue
SAR 135M
Net Profit
SAR 21M
EPS
SAR 2.67
Operating Cash Flow
SAR 34M

Al Rashid Industrial Co. (9580) reported full year 2023 revenue of SAR 135M. Net profit came in at SAR 21M. Earnings per share were SAR 2.67. The company generated SAR 34M 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 1.59 arrived as operating cash flow — indicating Exceptional quality earnings with a cash conversion ratio of 1.59.

Key Financial Metrics

Metric2023
RevenueSAR 135M
Net ProfitSAR 21M
Net Margin15.8%
ROE17.6%
EPSSAR 2.67
Total AssetsSAR 144M
Total EquitySAR 121M
Total LiabilitiesSAR 23M
Operating Cash FlowSAR 34M

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: 2024-05-14.