| Market: Tadawul | Symbol: 2190 | ISIN: SA0007879360 | Industry: Industrial Investment |
Saudi Industrial Services Company (SISCO) was established by a group of well-known prominent Saudi Businessmen in 1988 as a publicly joint stock company, with the aim of developing and investing nationally in industrial estate support services. When the Saudi Exchange Market (Tadawul) was created in 2003, SISCO was listed then on Tadawul. SISCO is now considered one of the Kingdom’s most prominent companies, undertaking large-scale capital investment in desalination plants, ports and container terminals, industrial estate development, bonded and re-export zones and other key projects.
At SISCO, we set the benchmark of firsts: first private desalinization plant in KSA; first bonded and re-export zone in KSA; first private build and operate container terminal in KSA. All these businesses and projects are world class, profitable and sustainable businesses adding to the Saudi Arabian economic growth and expansion.
SISCO’s revenue is derived from our shareholding in our subsidiaries, affiliate companies and other strategic investments.
SISCO and our subsidiaries, demonstrate the highest standards of effectiveness and efficiency in all aspects of business operations in order to acquire a leading position in the relevant markets. We are committed to operating in a work environment that achieves maximum productivity and offers healthy returns for our stakeholders.
| Last Closing Price | 27.450 |
| Change (%) | 2.43 |
| Volume | 1,799,082 |
| Symbol | 2190 |
| Number of Shares (mln) | 81.60 |
| Market Cap (mln) | 2,239.92 |
| KEY FIGURES (SR’000) | 2020 |
2021 |
2022
|
|---|---|---|---|
| Consolidated Income Statement | |||
| Total revenues | 1,020,865 | 985,408 | 993,837 |
| Gross profit | 423,740 | 446,472 | 416,150 |
| Profit for the year | 216,669 | 95,117 | 55,529 |
| Profit for the year is attributable to shareholders of the parent company | 139,413 | 57,878 | 36,730 |
| Consolidated Statement of Financial Position | |||
| Total assets | 4,407,154 | 4,995,051 | 5,058,331 |
| Total liabilities | 2,697,577 | 2,698,665 | 2,742,141 |
| Total equity | 1,709,577 | 2,296,387 | 2,316,190 |
| Consolidated Statement of Cash Flows | |||
| Net cash from operating activities | 356,144 | 236,272 | 213,216 |
| Net cash generated from / (used in) investing activitives | -194,694 | 511,448 | -525,746 |
| Net cash used in financing activities | -120,016 | -191,880 | -71,958 |
| Cash and cash equivalents at the end of the year | 336,534 | 892,374 | 507,886 |
| Key Indicators | |||
| Basic and diluted profit per share (SR) | 1.71 | 0.71 | 0.45 |
| Gross profit margin % | 41.5 | 45.3 | 41.9 |
| Operating profit margin % | 25.1 | 28.2 | 23.1 |
| Net profit margin % | 21.2 | 9.7 | 5.6 |
