Almujtama Alraida Medical Co. 2023 Annual Results
Almujtama Alraida Medical Co. (9592) reported full year 2023 revenue of SAR 408M, up 11.1% from SAR 367M in 2022. Net profit came in at SAR 11M, down 40.3% year on year. Earnings per share were SAR 1.20. The company generated SAR 68M 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 5.98 arrived as operating cash flow — indicating Exceptional quality earnings with a cash conversion ratio of 5.98.
Year on Year Comparison
Revenue increased by 11.1% compared to 2022. Net profit decreased by 40.3%. Revenue grew but profit declined — suggesting margin pressure.
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: 2024-03-31.