These 20 companies disclosed 2023 financials last week
A total of 20 Tadawul-listed companies disclosed their 2023 financial results last week, including Saudi Electricity Co. (SEC), Mobile Telecommunication Company Saudi Arabia (Zain KSA), Sahara International Petrochemical Co. (Sipchem), and National Industrialization Co. (Tasnee).
As many as seven market players realized a profit rise, 10 reported a profit decline, while three incurred losses, as follows:
Financial Results of Announced Companies (Million Riyal)
Company | 2022 | 2023 | Change | Earnings per share | Details | Charts |
---|---|---|---|---|---|---|
SHL | 95.89 | 2.33 | (97.57 %) | - | Details | Charts |
SACO | (142.50) | (68.97) | 51.60 % | (1.92) | Details | Charts |
TAWUNIYA | 302.19 | 616.43 | 103.98 % | 4.11 | Details | Charts |
ALANDALUS | 66.77 | 36.42 | (45.46 %) | 0.39 | Details | Charts |
RIYADH CABLES | 352.32 | 518.77 | 47.24 % | 3.46 | Details | Charts |
MARAFIQ | 845.65 | 587.00 | (30.59 %) | 2.35 | Details | Charts |
THIMAR | (2.96) | (6.53) | (120.94 %) | (1.00) | Details | Charts |
SAUDI CEMENT | 398.84 | 381.03 | (4.47 %) | 2.49 | Details | Charts |
MESC | (11.79) | 48.94 | 515.12 % | 1.22 | Details | Charts |
SAUDI ELECTRICITY | 7,473.85 | 2,587.92 | (65.37 %) | 0.62 | Details | Charts |
APC | (10.49) | 132.11 | 1359.58 % | 0.66 | Details | Charts |
ADES | 390.45 | 442.10 | 13.23 % | 0.39 | Details | Charts |
SAPTCO | (90.87) | (35.58) | 60.84 % | (0.28) | Details | Charts |
TASNEE | 666.35 | 201.63 | (69.74 %) | 0.30 | Details | Charts |
AMAK | 126.33 | 54.58 | (56.79 %) | 0.61 | Details | Charts |
SIPCHEM | 3,595.29 | 1,174.99 | (67.32 %) | 1.60 | Details | Charts |
SAL | 362.41 | 509.72 | 40.65 % | 6.37 | Details | Charts |
ALAKARIA | 110.54 | 67.63 | (38.81 %) | 0.18 | Details | Charts |
ZAIN KSA | 549.67 | 1,267.01 | 130.50 % | 1.41 | Details | Charts |
BAWAN | 162.85 | 136.04 | (16.46 %) | 2.27 | Details | Charts |
OBEIKAN GLASS | 177.65 | 67.66 | (61.91 %) | 2.11 | Details | Charts |
The official deadline for 2023 earnings season falls on March 31.
The consolidated profit of the companies that disclosed their results dropped by 23% to SAR 110.3 billion compared to a year earlier.
Comments {{getCommentCount()}}
Be the first to comment
{{Comments.indexOf(comment)+1}}
رد{{comment.DisplayName}} على {{getCommenterName(comment.ParentThreadID)}}
{{comment.DisplayName}}
{{comment.ElapsedTime}}

Sorry: the validity period has ended to comment on this news
Opinions expressed in the comments section do not reflect the views of Argaam. Abusive comments of any kind will be removed. Political or religious commentary will not be tolerated.
Most Read
- Malath receives IA orders to suspend 2 board members
- Al Majdiah retail IPO 278% covered, 10 shares allocated
- Rasan GWP at SAR 3.5B; 4 new products launched; strategic partnerships with SNB, Musaned platform: CEO
- Abdullah Al Rajhi: Employing the Children of Social Security Beneficiaries is Central to alrajhi bank’s CSR Commitment
- Analysts flag winning sectors ahead of Powell's speech
Call Request
Comments Analysis: