Strap in for a long list of earnings results.

AWPT-

Alkhorayef Water and Power Technologies’ net income increased 30.3% y-o-y to SAR 140 mn in 2023, and revenues doubled y-o-y to SAR 1.7 bn, it said in a disclosure to Tadawul. The company attributed its top line growth to improved performance in its water, wastewater and integrated water solutions segments.

KEC-

Knowledge Economic City’s net losses doubled y-o-y to SAR 45.6 mn in 2023 on the back of rising expenses. Meanwhile, revenues increased 18% y-o-y to SAR 66.9 mn as the company closed more residential sales, it said in a disclosure to Tadawul.

RIYADH CEMENT-

Riyadh Cement’s net income remained basically unchanged, inching down 0.6% y-o-y to SAR 188.8 mn in 2023 as expenses rose, while revenues were up 8% y-o-y to 643.4 mn, it said in a disclosure to Tadawul.

BAAZEEM-

Baazeem Trading’s net income dipped 0.6% y-o-y to SAR 21.7 mn in 2023, and revenues were down slightly by 2.4% y-o-y to SAR 257 mn, it said in a disclosure to Tadawul. The company’s BoD decided to distribute SAR 11 mn in dividends for 2H 2023 at SAR 1.1 per share, it said in a separate disclosure.

LEEJAM-

Leejam Sports Company’s net income increased 40% y-o-y to SAR 356 mn in 2023, and revenues were up 24% y-o-y to SAR 1.3 bn, it said in an earnings release (pdf). On a quarterly basis, net income increased 23% y-o-y to SAR 129 mn in 4Q 2023, and revenues were up 18% y-o-y to SAR 398 mn. The company’s BoD decided to distribute SAR 69.7 mn in dividends for 4Q 2023 at SAR 1.3 per share, it said in a disclosure to Tadawul. Eligible shareholders can cash out starting Wednesday, 3 April.

ALSAGR INS-

Al Sagr Cooperative Ins. turned into the black with a net income of SAR 42.3 mn in 2023, and revenues were up 2.7% y-o-y to SAR 486 mn, it said in a disclosure to Tadawul.

BAHRI-

National Shipping Company of SA’s net income increased 55% y-o-y to SAR 1.6 bn in 2023, and revenues rose 2.3% y-o-y to SAR 8.8 bn, it said in a disclosure to Tadawul. The company’s BoD recommended a dividend payout of 406 mn for 2023 at SAR 0.55 per share, it said in a separate disclosure.

ALDAWAA-

Aldawaa Medical Services’ net income increased 8% y-o-y to SAR 329 mn in 2023, and revenues were up 7% y-o-y to SAR 5.7 bn, it said in a disclosure to Tadawul.

GULF GENERAL-

Gulf General Cooperative Ins. turned into the black with a net income of SAR 3.5 mn in 2023, and revenues remained unchanged at SAR 315.6 mn, it said in a disclosure to Tadawul.

RIYAL-

Rental car company Riyal Investment and Development’s net income dipped 4.5% y-o-y to SAR 18.3 mn in 2023, and revenues were down 35.8% y-o-y to SAR 121.7 mn, it said in a disclosure to Tadawul.

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