Fact Sheet PDF

stc is the leading telecommunication services provider in the country, with strong regional presence which enables stc to deliver a variety of distinguished services to all customers and eventually delivering growth to shareholders.

Consistent history of success and delivering growth in key metrics
Strong market position in KSA and an expanding presence in key regional growth markets in which stc can leverage its expertise in the sector
Operating in growth markets – domestic and regional trends driving adoption of mobile, broadband services and cloud computing
Innovative solution delivery for customers across fixed, mobile, data products and business sector services
Strategic approach to costs – stc is leveraging its investment in NGN networks and international markets to create synergies that will reduce future OPEX
Strong balance sheet and healthy cash flow - well placed to gain access to substantial levels of debt to fund future investments if needed

Key Figures (SAR Thousands)

2022

2023

2024

Income Statement

Revenues

67,431,546

72,336,611

75,893,413

Gross Profit

37,393,255

37,803,690

37,300,410

Net profit before zakat, tax and non controlling interest

13,470,097

13,987,043

12,134,447

Net Profit

12,170,537

13,295,381

24,688,652

Balance Sheet

Total Assets

137,219,986

159,682,770

160,638,143

Total Liabilities

61,194,394

78,167,604

68,153,096

Total Equity

76,025,592

81,515,166

92,485,047

Cash Flow

Net cash from Operating activities

26,354,390

22,417,558

19,885,337

Net cash from Investing activities

(8,578,939)

(28,383,342)

(7,178,981)

Net cash from Financing activities

(8,255,503)

1,590,929

(10,495,146)

Key Indicators

Basic and diluted Earnings per Share (Saudi Riyals)

2.44

2.67

4.95

Dividend per Share (Saudi Riyals)*

4.00

1.60

1.75

Cash Dividends

7,984,024

7,975,133

13,711,661