Below are the financial statements of Saudi Arabian Mining, including the income statement and balance sheet for the company's latest fiscal year. All figures are accurate, verifiable, and fully traceable to the original annual filing where disclosed.
| All figures in billions of SAR | 2024 | 2023 |
|---|---|---|
| Revenue | 32.55a | 29.27a |
| Cost of sales | -23.3a | -22.36a |
| Gross profit | 9.24a | 6.91a |
| Operating expenses | — | — |
| Selling, marketing and logistic expenses | -0.67a | -0.63a |
| General and administrative expenses | -2.06a | -1.97a |
| Exploration and technical services expenses | -0.64a | -0.48a |
| Expected credit loss allowance | -0.17a | -0.02a |
| Other operating income, net | 0.54a | 0a |
| Operating profit | 6.25a | 3.82a |
| Finance income | 0.8a | 0.85a |
| Finance cost | -2.55a | -2.35a |
| Other expense, net | 0a | -0.04a |
| Share in net profit of joint ventures that have been equity accounted | 0.18a | 0.32a |
| Profit before zakat, income tax and severance fees | 4.69a | 2.59a |
| Income tax | -0.12a | -0.03a |
| Zakat expense | -0.5a | -0.49a |
| Severance fees | -0.17a | -0.37a |
| Profit for the year | 4.13a | 1.7a |
| Profit for the year is attributable to | — | — |
| Ordinary shareholders of the parent company | 2.87a | 1.58a |
| Non-controlling interest | 1.26a | 0.12a |
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