Fad International Co. 2023 Annual Results
Fad International Co. (9589) reported full year 2023 revenue of SAR 164M, down 3.7% from SAR 170M in 2022. Net profit came in at SAR 262K, down 98.2% year on year. Earnings per share were SAR 0.22. The company generated SAR 21M 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 78.76 arrived as operating cash flow — indicating Exceptional quality earnings with a cash conversion ratio of 78.76.
Year on Year Comparison
Revenue decreased by 3.7% compared to 2022. Net profit decreased by 98.2%. 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: 2024-04-01.