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Saudi Ground Services Co. 2022 Annual Results

Revenue

SAR 1.68B

Net Profit

SAR -244M

Saudi Ground Services Co. (4031) reported full year 2022 revenue of SAR 1.68B, up 30.6% from SAR 1.29B in 2021. Net profit came in at SAR -244M, up 3.9% year on year. All figures sourced from CMA-mandated XBRL filings on the Saudi Exchange, processed by Sahm Screener.

Key Financial Metrics

Metric	2022	2021
Revenue	SAR 1.68B	SAR 1.29B
Net Profit	SAR -244M	SAR -254M
Gross Profit	SAR 295M	SAR 320M
Net Margin	-14.5%	-19.8%
ROE	-11.6%	-11.2%
Total Assets	SAR 4.37B	SAR 4.85B
Total Equity	SAR 2.10B	SAR 2.26B

Year on Year Comparison

Revenue increased by 30.6% compared to 2021. Net profit increased by 3.9%. 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: 2023-03-26.