| Market: Tadawul | Symbol: 2190 | ISIN: SA0007879360 | Industry: Industrial Investment |
Sustained Infrastructure Holding Company (SISCO Holding) is a visionary investment company that is strengthening the foundations of KSA’s tomorrow. As the Kingdom’s leading and first publicly listed full-cycle logistics and infrastructure investment company, SISCO has proven expertise in identifying and creating industry leaders and transforming them into national champions. Since 1988, SISCO has built an impressive financial and operational track record through its strategic investments. The Company is led by a world-class management team that exercises financial prudence, robust risk management, and transparent governance.
With 7 portfolio companies spanning ports, logistics and water, SISCO’s total AUM stands at more than SAR 4 billion. The Company’s portfolio encompasses investments across Saudi Arabia and the GCC with plans to grow across the region and beyond. SISCO operates in resilient sectors enabling attractive risk-adjusted earnings. Its portfolio of ports and logistics assets underlined by strong market fundamentals has helped it set a track record of developing assets, generating sustainable returns and healthy cash flows.
SISCO’s port and container terminal business is an industry leader in productivity and efficient operations. Red Sea Gateway Terminal Company is the largest container terminal in Saudi Arabia and among the top performing terminals internationally. The Company’s logistics infrastructure and logistics services business has grown to span a diverse range of logistics services, developing new logistics parks and hubs to cater to the increasing demand for logistics, warehousing, distribution, transportation and value-added services.
SISCO’s water treatment services produce high-quality desalinated water with projects operational in major industrial hubs, offering desalinated water that ensures a steady and dependable water supply to the industrial sectors. The Company’s water management and distribution services specialize in delivering municipal and industrial water solutions and the operation and maintenance of water and wastewater facilities, including the Independent Sewage Treatment Plant (ISTP).
| Last Closing Price | 29.300 |
| Change (%) | 0.17 |
| Volume | 105,811 |
| Symbol | 2190 |
| Number of Shares (mln) | 81.60 |
| Market Cap (mln) | 2,390.88 |
| KEY FIGURES (SR’000) | 2021 |
2022 |
2023
|
|---|---|---|---|
| Consolidated Income Statement | |||
| Total adjusted revenue | 921,200 | 854,844 | 1,052,442 |
| Gross profit | 446,472 | 416,150 | 538,134 |
| Adjusted EBITDA | 497,971 | 458,137 | 629,574 |
| Adjusted net profit | 64,978 | 41,529 | 88,297 |
| Consolidated Statement of Financial Position | |||
| Total assets | 4,995,051 | 5,058,331 | 5,989,981 |
| Total liabilities | 2,698,665 | 2,742,141 | 3,675,259 |
| Total equity | 2,296,387 | 2,316,190 | 2,314,723 |
| Consolidated Statement of Cash Flows | |||
| Net cash from operating activities | 236,272 | 213,216 | 452,552 |
| Net cash used in investing activities | 511,448 | (525,746) | (373,172) |
| Net cash from / (used in) financing activities | (191,880) | (71,958) | 579,139 |
| Cash and cash equivalents at the end of the year | 892,374 | 507,886 | 1,166,406 |
| Key Indicators | |||
| Basic and diluted profit per share - adjusted (SR) | 0.80 | 0.51 | 1.08 |
| Gross profit margin % | 45.3 | 41.9 | 33.6 |
| Operating profit margin % | 28.2 | 23.1 | 19.9 |
| Net profit margin % | 9.7 | 5.6 | 8.0 |
