A total of 27 Tadawul-listed companies disclosed H1 2023 financial results from the start of the earnings season until July 27.
As many as 13 market players reported a profit rise, 13 recorded lower profit, while one only incurred losses.
Contents
Financial Results of Announced Companies (Million Riyal)
| Company | 2022-6m | 2023-6m | Change | Earnings per share | Details | Charts |
|---|---|---|---|---|---|---|
|
ARDCO |
196.31 | 75.67 | (61.45 %) | 0.43 | Details | Charts |
|
SAB |
2,086.00 | 3,314.00 | 58.87 % | 1.61 | Details | Charts |
|
Budget Saudi |
122.75 | 139.60 | 13.73 % | 1.96 | Details | Charts |
|
BJAZ |
632.70 | 464.60 | (26.57 %) | 0.57 | Details | Charts |
|
ZOUJAJ |
72.37 | 8.90 | (87.70 %) | 0.27 | Details | Charts |
|
SASCO |
37.70 | 27.05 | (28.25 %) | 0.45 | Details | Charts |
|
SAIB |
607.67 | 852.70 | 40.32 % | 0.85 | Details | Charts |
|
BSFR |
1,712.00 | 2,150.00 | 25.58 % | 1.78 | Details | Charts |
|
Sipchem |
2,341.92 | 783.25 | (66.56 %) | 1.07 | Details | Charts |
|
Alinma |
1,749.84 | 2,195.00 | 25.44 % | 1.10 | Details | Charts |
|
OASIS |
9.92 | 9.76 | (1.55 %) | 0.43 | Details | Charts |
|
SNB |
9,090.70 | 10,037.00 | 10.41 % | 1.67 | Details | Charts |
|
ALBILAD |
1,001.30 | 1,145.80 | 14.43 % | 1.15 | Details | Charts |
|
ALRAJHI |
8,391.85 | 8,295.24 | (1.15 %) | 2.07 | Details | Charts |
|
ANB |
1,358.42 | 2,053.56 | 51.17 % | 1.37 | Details | Charts |
|
TADAWUL GROUP |
278.30 | 196.01 | (29.57 %) | 1.63 | Details | Charts |
|
YANSAB |
571.53 | (342.29) | (159.89 %) | (0.61) | Details | Charts |
|
Advanced |
273.95 | 102.99 | (62.41 %) | 0.40 | Details | Charts |
|
ALASEEL |
44.03 | 60.29 | 36.94 % | 0.15 | Details | Charts |
|
SAIC |
58.26 | 72.61 | 24.63 % | 1.21 | Details | Charts |
|
RIBL |
3,163.82 | 4,001.91 | 26.49 % | 1.33 | Details | Charts |
|
Saudi Ceramics |
89.26 | 48.00 | (46.22 %) | 0.60 | Details | Charts |
|
ALMUNAJEM |
219.68 | 139.40 | (36.54 %) | 2.32 | Details | Charts |
|
ALDREES |
108.34 | 140.77 | 29.94 % | 1.88 | Details | Charts |
|
Almarai |
940.82 | 1,192.14 | 26.71 % | 1.19 | Details | Charts |
|
JARIR |
428.48 | 403.50 | (5.83 %) | 0.34 | Details | Charts |
|
Extra |
224.63 | 146.12 | (34.95 %) | 1.83 | Details | Charts |
The official deadline for disclosing H1 2023 results is Aug. 14.
Distribution of Financial Results of Announced companies by sector
| Sector | Number of sector companies | No. of disclosing companies | Companies with growth in income | Companies with a decreasing income | Companies incurring losses |
|---|---|---|---|---|---|
| Banks | 10 | 10 | 8 | 2 | – |
| Petrochemical Industries | 12 | 3 | – | 2 | 1 |
| Cement | 14 | – | – | – | – |
| Retail | 34 | 8 | 3 | 5 | – |
| Energy & Utilities | 8 | – | – | – | – |
| Electricity | 1 | – | – | – | – |
| Agriculture and Food Industries | 20 | 1 | 1 | – | – |
| Telecom & IT | 9 | – | – | – | – |
| Health care | 1 | – | – | – | – |
| Insurance | 27 | – | – | – | – |
| Multi-Investment | 7 | 1 | 1 | – | – |
| Industrial investment | 17 | 2 | – | 2 | – |
| Building & Construction | 17 | 1 | – | 1 | – |
| Real Estate Development | 11 | 1 | – | 1 | – |
| Transportation | 6 | 1 | 1 | – | – |
| Media and Publishing | 5 | – | – | – | – |
| Hotels & Tourism | 4 | – | – | – | – |
| Industry | 1 | – | – | – | – |
| REITS | 18 | – | – | – | – |
| Services | 6 | 1 | – | 1 | – |
| Derivatives | 4 | – | – | – | – |
| Index Funds | 10 | – | – | – | – |
| Total | 242 | 29 | 14 | 14 | 1 |
The aggregate earnings of the companies which disclosed the first-half results rose nearly 5% year-on-year (YoY) to SAR 37.8 billion.
Accumulative Results –Net Income Sector Statistics
| Sector | Number of sector companies | No. of disclosing companies | 2022-6m | 2023-6m | Change |
|---|---|---|---|---|---|
|
Banks |
10 | 10 | 29,794.29 | 34,509.80 | 15.83 % |
|
Petrochemical Industries |
12 | 3 | 3,187.40 | 543.95 | (82.93 %) |
|
Cement |
14 | – | – | – | – |
|
Retail |
34 | 8 | 1,151.58 | 1,000.99 | (13.08 %) |
|
Energy & Utilities |
8 | – | – | – | – |
|
Electricity |
1 | – | – | – | – |
|
Agriculture and Food Industries |
20 | 1 | 940.82 | 1,192.14 | 26.71 % |
|
Telecom & IT |
9 | – | – | – | – |
|
Health care |
1 | – | – | – | – |
|
Insurance |
27 | – | – | – | – |
|
Multi-Investment |
7 | 1 | 58.26 | 72.61 | 24.63 % |
|
Industrial investment |
17 | 2 | 82.28 | 18.66 | (77.32 %) |
|
Building & Construction |
17 | 1 | 89.26 | 48.00 | (46.22 %) |
|
Real Estate Development |
11 | 1 | 196.31 | 75.67 | (61.45 %) |
|
Transportation |
6 | 1 | 122.75 | 139.60 | 13.73 % |
|
Media and Publishing |
5 | – | – | – | – |
|
Hotels & Tourism |
4 | – | – | – | – |
|
Industry |
1 | – | – | – | – |
|
REITS |
18 | – | – | – | – |
|
Services |
6 | 1 | 278.30 | 196.01 | (29.57 %) |
|
Derivatives |
4 | – | – | – | – |
|
Index Funds |
10 | – | – | – | – |
|
Total |
242 | 29 | 35,901.25 | 37,797.44 | 5.28 % |
