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Saudi Ground Services Co. 2020 Annual Results

Revenue

SAR 1.12B

Net Profit

SAR -454M

Saudi Ground Services Co. (4031) reported full year 2020 revenue of SAR 1.12B, down 34.2% from SAR 1.70B in 2019. Net profit came in at SAR -454M, down 207.3% year on year. All figures sourced from CMA-mandated XBRL filings on the Saudi Exchange, processed by Sahm Screener.

Key Financial Metrics

Metric	2020	2019
Revenue	SAR 1.12B	SAR 1.70B
Net Profit	SAR -454M	SAR 423M
Gross Profit	SAR 135M	SAR 843M
Net Margin	-40.7%	24.9%
ROE	-18.2%	14.4%
Total Assets	SAR 4.42B	SAR 4.32B
Total Equity	SAR 2.50B	SAR 2.95B

Year on Year Comparison

Revenue decreased by 34.2% compared to 2019. Net profit decreased by 207.3%. Both revenue and profit declined year on year.

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Financial data sourced from CMA-mandated XBRL filings published on the Saudi Exchange (Tadawul). Data processed and structured by Sahm Screener (sahmscreener.com). Updated nightly. Last updated: 2021-03-08.