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Saudi Ground Services Co. 2021 Annual Results

Revenue

SAR 1.29B

Net Profit

SAR -254M

Saudi Ground Services Co. (4031) reported full year 2021 revenue of SAR 1.29B, up 15.3% from SAR 1.12B in 2020. Net profit came in at SAR -254M, up 44.0% year on year. All figures sourced from CMA-mandated XBRL filings on the Saudi Exchange, processed by Sahm Screener.

Key Financial Metrics

Metric	2021	2020
Revenue	SAR 1.29B	SAR 1.12B
Net Profit	SAR -254M	SAR -454M
Gross Profit	SAR 320M	SAR 135M
Net Margin	-19.8%	-40.7%
ROE	-11.2%	-18.2%
Total Assets	SAR 4.85B	SAR 4.42B
Total Equity	SAR 2.26B	SAR 2.50B

Year on Year Comparison

Revenue increased by 15.3% compared to 2020. Net profit increased by 44.0%. Both revenue and profit grew — indicating expanding business.

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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: 2022-03-24.