Knowledge City widens losses to SAR 45.6M in 2023, SAR 21.7M in Q4

18/03/2024 Argaam Exclusive

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Knowledge Economic City (KEC) widened its net loss to SAR 45.6 million in 2023, from SAR 19.4 million a year ago, hurt by the year-on-year (YoY) uptick in operating expenses for the year.

Financials (M)

Item	2022	2023	Change‬
Revenues	56.69	66.86	17.9 %
Gross Income	18.02	22.73	26.1 %
Operating Income	(39.26)	(44.29)	(12.8 %)
Net Income	(19.39)	(45.56)	(135.0 %)
Average Shares	339.30	339.30	-
EPS (Riyals)	(0.06)	(0.13)	(135.0 %)

This was offset by the YoY hike in sales on increased sales of residential units of one of the company’s projects, which resulted in higher gross profit.

In Q4 2023, the company more than doubled its losses to SAR 21.7 million, compared to SAR 8.65 million in the prior-year period.

Sequentially, net losses also soared from SAR 13.28 million in Q3 2023.

Current Quarter Comparison (M)

Compared With The

Item	Q4 2022	Q4 2023	Change‬
Revenues	17.11	4.05	(76.3 %)
Gross Income	4.93	(0.35)	(107.0 %)
Operating Income	(12.32)	(21.11)	(71.3 %)
Net Income	(8.65)	(21.68)	(150.6 %)
Average Shares	339.30	339.30	-
EPS (Riyals)	(0.03)	(0.06)	(150.6 %)

Item	Q3 2023	Q4 2023	Change‬
Revenues	10.68	4.05	(62.1 %)
Gross Income	3.40	(0.35)	(110.2 %)
Operating Income	(14.09)	(21.11)	(49.8 %)
Net Income	(13.28)	(21.68)	(63.2 %)
Average Shares	339.30	339.30	-
EPS (Riyals)	(0.04)	(0.06)	(63.2 %)

Total shareholders’ equity, after minority interest, slumped to SAR 3.00 billion by the end of Dec. 31, 2023, from SAR 3.05 billion in the corresponding period a year ago.

By the end of the same period, accumulated losses amounted to SAR 382.92 million, or 11.29% of capital.

View More Financial Results

Financial results (Million)

Period	Revenues	Change	Gross Income	Change	Net Income	Change	EPS(Riyal)
Q1 2014	21.67	261.7 %	4.51	75.8 %	(2.49)	69.4 %	(0.01)
Q2 2014	27.56	210.4 %	7.64	117.2 %	15.53	614.7 %	0.05
Q3 2014	12.72	(32.8 %)	4.19	(18.1 %)	15.93	826.8 %	0.05
Q4 2014	10.82	147.3 %	(6.15)	(1,740.7 %)	(57.15)	(730.3 %)	(0.17)
2014	72.76	90.7 %	10.19	(6.2 %)	(28.18)	(7,453.6 %)	(0.08)
Q1 2015	4.11	(81.0 %)	(0.74)	(116.4 %)	(4.81)	(93.2 %)	(0.01)
Q2 2015	10.23	(62.9 %)	4.27	(44.1 %)	(3.11)	(120.0 %)	(0.01)
Q3 2015	7.04	(44.6 %)	2.75	(34.4 %)	(5.74)	(136.1 %)	(0.02)
Q4 2015	9.59	(11.4 %)	(0.74)	87.9 %	2.19	103.8 %	0.01
2015	30.97	(57.4 %)	5.54	(45.6 %)	(11.47)	59.3 %	(0.03)
Q1 2016	5.36	30.5 %	(0.34)	54.3 %	(7.46)	(55.1 %)	(0.02)
Q2 2016	29.90	192.4 %	17.08	299.9 %	8.55	375.1 %	0.03
Q3 2016	4.19	(40.6 %)	(0.29)	(110.4 %)	(9.12)	(58.8 %)	(0.03)
Q4 2016	65.86	587.0 %	40.98	5630.4 %	22.04	906.7 %	0.06
2016	105.31	240.1 %	57.44	936.8 %	14.01	222.1 %	0.04
Q1 2017	8.69	61.9 %	1.69	600.6 %	(6.90)	7.5 %	(0.02)
Q2 2017	8.43	(71.8 %)	0.61	(96.4 %)	(9.20)	(207.6 %)	(0.03)
Q3 2017	4.18	(0.2 %)	(2.03)	(606.3 %)	(11.69)	(28.1 %)	(0.03)
Q4 2017	2.58	(96.1 %)	5.17	(87.4 %)	9.11	(58.7 %)	0.03
2017	23.88	(77.3 %)	5.45	(90.5 %)	(18.69)	(233.4 %)	(0.06)
Q1 2018	7.26	(16.4 %)	(0.91)	(153.8 %)	(13.48)	(95.4 %)	(0.04)
Q2 2018	15.64	85.4 %	2.64	334.5 %	(8.86)	3.7 %	(0.03)
Q3 2018	14.77	253.7 %	2.94	245.0 %	(12.47)	(6.7 %)	(0.04)
Q4 2018	33.46	1196.2 %	8.59	66.1 %	(3.14)	(134.5 %)	(0.01)
2018	71.12	197.9 %	13.26	143.5 %	(37.95)	(103.1 %)	(0.11)
Q1 2019	82.14	1031.5 %	30.01	3393.7 %	19.56	245.1 %	0.06
Q2 2019	27.75	77.5 %	6.34	139.9 %	5.48	161.9 %	0.02
Q3 2019	17.16	16.2 %	4.72	60.7 %	(5.43)	56.4 %	(0.02)
Q4 2019	26.58	(20.5 %)	4.35	(49.4 %)	(1.45)	53.8 %	0.00
2019	151.76	113.4 %	46.36	249.6 %	18.16	147.9 %	0.05
Q1 2020	23.19	(71.8 %)	5.06	(83.1 %)	(6.76)	(134.5 %)	(0.02)
Q2 2020	58.99	112.6 %	12.89	103.3 %	(0.32)	(105.9 %)	0.00
Q3 2020	9.90	(42.3 %)	1.12	(76.3 %)	(15.14)	(178.7 %)	(0.04)
Q4 2020	20.58	(22.6 %)	6.45	48.2 %	(3.51)	(142.0 %)	(0.01)
2020	112.94	(25.6 %)	24.54	(47.1 %)	(25.72)	(241.6 %)	(0.08)
Q1 2021	24.63	6.2 %	6.57	29.9 %	(4.76)	29.6 %	(0.01)
Q2 2021	7.39	(87.5 %)	2.03	(84.3 %)	4.69	1546.0 %	0.01
Q3 2021	1.50	(84.9 %)	0.08	(93.1 %)	(2.50)	83.5 %	(0.01)
Q4 2021	8.94	(56.6 %)	1.80	(72.1 %)	(19.51)	(456.1 %)	(0.06)
2021	42.45	(62.4 %)	10.47	(57.3 %)	(22.09)	14.1 %	(0.07)
Q1 2022	15.73	(36.1 %)	4.88	(25.7 %)	(6.73)	(41.5 %)	(0.02)
Q2 2022	13.69	85.4 %	4.51	122.6 %	(8.64)	(284.4 %)	(0.03)
Q3 2022	10.16	579.3 %	3.70	4701.3 %	4.63	285.0 %	0.01
Q4 2022	17.11	91.3 %	4.93	174.6 %	(8.65)	55.7 %	(0.03)
2022	56.69	33.5 %	18.02	72.1 %	(19.39)	12.2 %	(0.06)
Q1 2023	18.05	14.8 %	6.57	34.5 %	(9.08)	(35.0 %)	(0.03)
Q2 2023	34.07	148.9 %	13.11	190.7 %	(1.52)	82.4 %	0.00
Q3 2023	10.68	5.2 %	3.40	(8.1 %)	(13.28)	(386.8 %)	(0.04)
Q4 2023	4.05	(76.3 %)	(0.35)	(107.0 %)	(21.68)	(150.6 %)	(0.06)
2023	66.86	17.9 %	22.73	26.1 %	(45.56)	(135.0 %)	(0.13)

Period	Revenues	Change	Gross Income	Change	Net Income	Change	EPS(Riyal)
2014	72.76	90.7 %	10.19	(6.2 %)	(28.18)	(7,453.6 %)	(0.08)
2015	30.97	(57.4 %)	5.54	(45.6 %)	(11.47)	59.3 %	(0.03)
2016	105.31	240.1 %	57.44	936.8 %	14.01	222.1 %	0.04
2017	23.88	(77.3 %)	5.45	(90.5 %)	(18.69)	(233.4 %)	(0.06)
2018	71.12	197.9 %	13.26	143.5 %	(37.95)	(103.1 %)	(0.11)
2019	151.76	113.4 %	46.36	249.6 %	18.16	147.9 %	0.05
2020	112.94	(25.6 %)	24.54	(47.1 %)	(25.72)	(241.6 %)	(0.08)
2021	42.45	(62.4 %)	10.47	(57.3 %)	(22.09)	14.1 %	(0.07)
2022	56.69	33.5 %	18.02	72.1 %	(19.39)	12.2 %	(0.06)
2023	66.86	17.9 %	22.73	26.1 %	(45.56)	(135.0 %)	(0.13)

Profitability

Period	Gross Margin	OIBDA Margin	Net Margin Before Unusual Items
Q1 2014	23.79 %	(22.71 %)	9.81 %
Q2 2014	23.35 %	(7.42 %)	32.85 %
Q3 2014	24.13 %	(9.99 %)	57.36 %
Q4 2014	14.01 %	(20.36 %)	0.65 %
2014	14.01 %	(20.36 %)	0.65 %
Q1 2015	8.96 %	(37.39 %)	(3.34 %)
Q2 2015	4.16 %	(62.92 %)	(54.09 %)
Q3 2015	0.41 %	(100.25 %)	(130.94 %)
Q4 2015	17.89 %	(77.46 %)	(37.04 %)
2015	17.89 %	(77.46 %)	(37.04 %)
Q1 2016	18.44 %	(70.62 %)	(43.82 %)
Q2 2016	36.14 %	(23.94 %)	(4.74 %)
Q3 2016	32.05 %	(27.68 %)	(11.91 %)
Q4 2016	54.54 %	16.00 %	13.30 %
2016	54.54 %	16.00 %	13.30 %
Q1 2017	54.74 %	13.76 %	13.41 %
Q2 2017	49.32 %	(2.04 %)	(3.66 %)
Q3 2017	47.33 %	(2.81 %)	(6.60 %)
Q4 2017	22.81 %	(105.79 %)	(129.60 %)
2017	22.81 %	(105.79 %)	(129.60 %)
Q1 2018	12.66 %	(133.23 %)	(167.16 %)
Q2 2018	16.45 %	(95.93 %)	(125.40 %)
Q3 2018	24.46 %	(73.89 %)	(94.33 %)
Q4 2018	18.65 %	(49.88 %)	(53.36 %)
2018	18.65 %	(49.89 %)	(53.37 %)
Q1 2019	30.26 %	(2.49 %)	(3.05 %)
Q2 2019	30.28 %	(1.34 %)	(6.76 %)
Q3 2019	30.94 %	4.38 %	(2.27 %)
Q4 2019	29.56 %	4.37 %	(1.27 %)
2019	30.55 %	5.08 %	(1.29 %)
Q1 2020	21.62 %	(18.50 %)	(30.34 %)
Q2 2020	21.46 %	(5.88 %)	(11.09 %)
Q3 2020	19.73 %	(10.67 %)	(19.95 %)
Q4 2020	22.65 %	(10.82 %)	(22.84 %)
2020	21.73 %	(11.66 %)	(22.78 %)
Q1 2021	23.69 %	(8.91 %)	(20.80 %)
Q2 2021	25.87 %	(37.32 %)	(54.75 %)
Q3 2021	27.96 %	(47.99 %)	(58.94 %)
Q4 2021	24.66 %	(101.32 %)	(112.55 %)
2021	24.66 %	(101.31 %)	(112.55 %)
Q1 2022	26.17 %	(140.53 %)	(148.29 %)
Q2 2022	28.26 %	(121.65 %)	(119.37 %)
Q3 2022	30.68 %	(93.25 %)	(86.54 %)
Q4 2022	31.79 %	(62.43 %)	(60.02 %)
2022	31.79 %	(62.43 %)	(60.02 %)
Q1 2023	33.39 %	(58.94 %)	(61.65 %)
Q2 2023	35.65 %	(32.66 %)	(36.85 %)
Q3 2023	35.04 %	(39.13 %)	(44.20 %)
Q4 2023	33.99 %	(61.16 %)	(61.24 %)
2023	33.99 %	(61.16 %)	(61.24 %)

Period	Gross Margin	OIBDA Margin	Net Margin Before Unusual Items
2014	14.01 %	(20.36 %)	0.65 %
2015	17.89 %	(77.46 %)	(37.04 %)
2016	54.54 %	16.00 %	13.30 %
2017	22.81 %	(105.79 %)	(129.60 %)
2018	18.65 %	(49.89 %)	(53.37 %)
2019	30.55 %	5.08 %	(1.29 %)
2020	21.73 %	(11.66 %)	(22.78 %)
2021	24.66 %	(101.31 %)	(112.55 %)
2022	31.79 %	(62.43 %)	(60.02 %)
2023	33.99 %	(61.16 %)	(61.24 %)

Period	Gross Margin	OIBDA Margin	Net Margin Before Unusual Items
Q1 2014	20.79 %	(4.67 %)	(11.48 %)
Q2 2014	27.72 %	4.43 %	56.35 %
Q3 2014	32.98 %	(8.56 %)	125.29 %
Q4 2014	(56.83 %)	(128.77 %)	(263.45 %)
Q1 2015	(18.00 %)	(166.48 %)	(116.91 %)
Q2 2015	41.76 %	(19.23 %)	(30.39 %)
Q3 2015	39.06 %	(135.47 %)	(81.59 %)
Q4 2015	(7.73 %)	(58.80 %)	22.83 %
Q1 2016	(6.30 %)	(104.61 %)	(139.01 %)
Q2 2016	57.13 %	27.96 %	28.60 %
Q3 2016	(6.86 %)	(255.29 %)	(217.99 %)
Q4 2016	62.22 %	37.63 %	33.46 %
Q1 2017	19.48 %	(86.53 %)	(79.44 %)
Q2 2017	7.21 %	(99.18 %)	(109.13 %)
Q3 2017	(48.54 %)	(271.91 %)	(279.91 %)
Q4 2017	200.43 %	76.60 %	(122.12 %)
Q1 2018	(12.55 %)	(167.63 %)	(185.74 %)
Q2 2018	16.89 %	(44.13 %)	(56.67 %)
Q3 2018	19.90 %	(85.62 %)	(84.42 %)
Q4 2018	25.69 %	(11.25 %)	(9.39 %)
Q1 2019	36.53 %	23.96 %	24.37 %
Q2 2019	22.84 %	(19.44 %)	(54.36 %)
Q3 2019	27.53 %	(20.37 %)	(31.65 %)
Q4 2019	16.37 %	(15.31 %)	(5.45 %)
Q1 2020	21.82 %	(19.63 %)	(29.14 %)
Q2 2020	21.84 %	8.00 %	(0.55 %)
Q3 2020	11.31 %	(88.52 %)	(152.99 %)
Q4 2020	31.33 %	(17.48 %)	(17.05 %)
Q1 2021	26.68 %	(10.25 %)	(19.31 %)
Q2 2021	27.42 %	(114.26 %)	(146.45 %)
Q3 2021	5.15 %	(762.27 %)	(856.39 %)
Q4 2021	20.08 %	(230.97 %)	(217.05 %)
Q1 2022	31.05 %	(42.37 %)	(42.77 %)
Q2 2022	32.92 %	(71.40 %)	(63.10 %)
Q3 2022	36.41 %	(80.27 %)	(71.03 %)
Q4 2022	28.82 %	(63.11 %)	(66.88 %)
Q1 2023	36.39 %	(33.54 %)	(50.30 %)
Q2 2023	38.47 %	(2.71 %)	(4.46 %)
Q3 2023	31.80 %	(126.35 %)	(124.32 %)
Q4 2023	(8.56 %)	(503.83 %)	(421.21 %)

Per Share Data (Riyal)

Compared With The

Period	Shares Outstanding (M)	EPS (Riyal)	Adjusted EPS (Riyal)	Book Value (BV)
Q1 2014	339.30	0.02	0.02	9.37
Q2 2014	339.30	0.07	0.07	9.42
Q3 2014	339.30	0.11	0.11	9.47
Q4 2014	339.30	(0.08)	0.00	9.30
Q1 2015	339.30	(0.09)	(0.01)	9.28
Q2 2015	339.30	(0.14)	(0.06)	9.27
Q3 2015	339.30	(0.21)	(0.12)	9.26
Q4 2015	339.30	(0.03)	(0.03)	9.26
Q1 2016	339.30	(0.04)	(0.04)	9.26
Q2 2016	339.30	(0.01)	(0.01)	9.28
Q3 2016	339.30	(0.02)	(0.02)	9.26
Q4 2016	339.30	0.04	0.04	9.32
Q1 2017	339.30	0.04	0.04	9.30
Q2 2017	339.30	(0.01)	(0.01)	9.27
Q3 2017	339.30	(0.02)	(0.02)	9.24
Q4 2017	339.30	(0.06)	(0.09)	9.26
Q1 2018	339.30	(0.07)	(0.11)	9.22
Q2 2018	339.30	(0.07)	(0.11)	9.20
Q3 2018	339.30	(0.08)	(0.11)	9.16
Q4 2018	339.30	(0.11)	(0.11)	9.15
Q1 2019	339.30	(0.01)	(0.01)	9.21
Q2 2019	339.30	0.03	(0.03)	9.22
Q3 2019	339.30	0.05	(0.01)	9.21
Q4 2019	339.30	0.05	(0.01)	9.21
Q1 2020	339.30	(0.02)	(0.08)	9.19
Q2 2020	339.30	(0.04)	(0.04)	9.18
Q3 2020	339.30	(0.07)	(0.07)	9.14
Q4 2020	339.30	(0.08)	(0.08)	9.13
Q1 2021	339.30	(0.07)	(0.07)	9.12
Q2 2021	339.30	(0.06)	(0.10)	9.13
Q3 2021	339.30	(0.02)	(0.09)	9.12
Q4 2021	339.30	(0.07)	(0.14)	9.07
Q1 2022	339.30	(0.07)	(0.15)	9.05
Q2 2022	339.30	(0.11)	(0.14)	9.02
Q3 2022	339.30	(0.09)	(0.12)	9.03
Q4 2022	339.30	(0.06)	(0.10)	9.02
Q1 2023	339.30	(0.06)	(0.11)	8.97
Q2 2023	339.30	(0.04)	(0.09)	8.98
Q3 2023	339.30	(0.10)	(0.10)	8.97
Q4 2023	339.30	(0.13)	(0.12)	8.85

Period	Shares Outstanding (M)	EPS (Riyal)	Adjusted EPS (Riyal)	Book Value (BV)
2014	339.30	(0.08)	0.00	9.30
2015	339.30	(0.03)	(0.03)	9.26
2016	339.30	0.04	0.04	9.32
2017	339.30	(0.06)	(0.09)	9.26
2018	339.30	(0.11)	(0.11)	9.15
2019	339.30	0.05	(0.01)	9.21
2020	339.30	(0.08)	(0.08)	9.13
2021	339.30	(0.07)	(0.14)	9.07
2022	339.30	(0.06)	(0.10)	9.02
2023	339.30	(0.13)	(0.12)	8.85

Multiple Ratios (End of Period Price)

Compared With The

Period	P/E	Adjusted P/E	Price/book
Q1 2014	More than 100	More than 100	2.26
Q2 2014	More than 100	More than 100	2.17
Q3 2014	More than 100	More than 100	2.54
Q4 2014	NEG	More than 100	1.82
Q1 2015	NEG	NEG	2.47
Q2 2015	NEG	NEG	2.94
Q3 2015	NEG	NEG	1.80
Q4 2015	NEG	NEG	1.67
Q1 2016	NEG	NEG	1.47
Q2 2016	NEG	NEG	1.56
Q3 2016	NEG	NEG	1.35
Q4 2016	More than 100	More than 100	1.94
Q1 2017	More than 100	More than 100	1.88
Q2 2017	NEG	NEG	1.69
Q3 2017	NEG	NEG	1.57
Q4 2017	NEG	NEG	1.38
Q1 2018	NEG	NEG	1.30
Q2 2018	NEG	NEG	1.25
Q3 2018	NEG	NEG	1.24
Q4 2018	NEG	NEG	0.99
Q1 2019	NEG	NEG	1.06
Q2 2019	More than 100	NEG	1.06
Q3 2019	More than 100	NEG	1.05
Q4 2019	More than 100	NEG	1.08
Q1 2020	NEG	NEG	0.88
Q2 2020	NEG	NEG	1.01
Q3 2020	NEG	NEG	1.45
Q4 2020	NEG	NEG	1.30
Q1 2021	NEG	NEG	1.94
Q2 2021	NEG	NEG	2.51
Q3 2021	NEG	NEG	2.10
Q4 2021	NEG	NEG	1.78
Q1 2022	NEG	NEG	1.88
Q2 2022	NEG	NEG	1.40
Q3 2022	NEG	NEG	1.38
Q4 2022	NEG	NEG	1.19
Q1 2023	NEG	NEG	1.63
Q2 2023	NEG	NEG	1.67
Q3 2023	NEG	NEG	1.73
Q4 2023	NEG	NEG	1.58

Period	P/E	Adjusted P/E	Price/book
2014	NEG	More than 100	1.82
2015	NEG	NEG	1.67
2016	More than 100	More than 100	1.94
2017	NEG	NEG	1.38
2018	NEG	NEG	0.99
2019	More than 100	NEG	1.08
2020	NEG	NEG	1.30
2021	NEG	NEG	1.78
2022	NEG	NEG	1.19
2023	NEG	NEG	1.58

Business Segments (Million)

Compared With The

Period	Real estate development	Property management & consulting services	Held for sale	Learning and training of operational staff	Dicontinued operation
Q2 2015	-	4.96	-	5.27	-
Q3 2015	-	4.63	-	2.41	-
Q4 2015	-	7.84	-	1.74	-
Q1 2016	0.27	4.75	-	0.34	-
Q2 2016	19.63	8.19	-	2.08	-
Q3 2016	0.27	2.00	-	1.91	-
Q4 2016	50.27	7.21	-	8.39	-
Q1 2017	0.27	3.28	-	5.14	-
Q2 2017	0.27	4.13	-	4.04	-
Q3 2017	0.27	2.80	-	1.10	-
Q4 2017	7.57	5.04	-	5.22	-
Q1 2018	6.93	1.96	-	0.33	(1.96)
Q2 2018	14.14	-	-	1.50	-
Q3 2018	13.49	2.76	-	1.27	-
Q4 2018	30.03	2.91	-	3.43	(2.91)
Q1 2019	79.74	-	-	2.39	-
Q2 2019	28.27	-	4.26	(2.39)	-
Q3 2019	17.16	-	0.26	-	-
Q4 2019	26.58	-	5.35	-	-
Q1 2020	23.19	-	0.26	-	-
Q2 2020	59.27	-	0.50	-	-
Q3 2020	9.90	-	-	-	-
Q4 2020	20.58	-	-	-	-
Q1 2021	24.63	-	-	-	-
Q2 2021	7.39	-	-	-	-
Q3 2021	1.50	-	-	-	-
Q4 2021	8.94	-	-	-	-
Q1 2022	15.73	-	-	-	-
Q2 2022	13.69	-	-	-	-
Q3 2022	10.15	-	-	-	-
Q4 2022	17.11	-	-	-	-
Q1 2023	18.05	-	-	-	-
Q2 2023	34.07	-	-	-	-
Q3 2023	10.68	-	-	-	-
Q4 2023	4.05	-	-	-	-

Period	Real estate development	Property management & consulting services	Held for sale	Learning and training of operational staff	Dicontinued operation
2015	-	21.02	-	9.95	-
2016	70.43	22.16	-	12.72	-
2017	8.38	15.25	-	15.50	(15.25)
2018	64.59	9.52	-	6.53	(9.52)
2019	151.76	-	9.88	-	-
2020	112.94	-	0.76	-	-
2021	42.45	-	-	-	-
2022	56.69	-	-	-	-
2023	66.86	-	-	-	-

Financial Ratios

	Current
Market Cap (M Riyal)	4,655.20
Enterprise Value (EV) (M)	5,481.42
Shares Outstanding ((M))	339.30
EPS ( Riyal) (TTM)	(0.15)
Book Value (BV) ( Riyal)	8.84
Par Value ( Riyal)	10.00
Adjusted P/E (Last12)	Neg
P/E (TTM)	NEG
Price/book	1.55
Return on Average Assets (%) (TTM)	(1.30 )
Return on Average Equity (%) (TTM)	(1.66 )

Knowledge Economic City (KEC)

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Knowledge City widens losses to SAR 45.6M in 2023, SAR 21.7M in Q4

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Financials (M)

Current Quarter Comparison (M)

Financial results (Million)

Financial results (Million)

Profitability

Profitability

Per Share Data (Riyal)

Per Share Data (Riyal)

Multiple Ratios (End of Period Price)

Ratios And Multiples

Business Segments (Million)

Revenue by Business Segment (Latest) 2023 Q4

Financial Ratios

Share Price

Knowledge Economic City (KEC)

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Knowledge City widens losses to SAR 45.6M in 2023, SAR 21.7M in Q4

View other reports

Financials (M)

Current Quarter Comparison (M)

Financial results (Million)

Financial results (Million)

Profitability

Profitability

Per Share Data (Riyal)

Per Share Data (Riyal)

Multiple Ratios (End of Period Price)

Ratios And Multiples

Business Segments (Million) Q4 2023

Revenue by Business Segment (Latest) 2023 Q4

Financial Ratios

Share Price

Knowledge Economic City (KEC)

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Business Segments (Million)