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)

2020

2021

2022

Income Statement

Revenues

58,953,318

63,007,986

67,431,546

Gross Profit

33,954,395

33,794,029

37,393,255

Net profit before zakat, tax and non controlling interest

12,355,643

12,635,063

13,470,097

Net Profit

10,994,875

11,311,342

12,170,537

Balance Sheet

Total Assets

121,972,100

127,779,417

137,219,986

Total Liabilities

56,705,085

56,393,438

61,194,394

Total Equity

65,267,015

71,385,979

76,025,592

Cash Flow

Net cash from Operating activities

28,324,705

11,220,155

26,354,390

Net cash from Investing activities

(17,429,177)

(1,714,583)

(8,578,939)

Net cash from Financing activities

(9,919,218)

(10,235,177)

(8,255,503)

Key Indicators

Basic and diluted Earnings per Share (Saudi Riyals)

5.50

5.66

2.44

Dividend per Share (Saudi Riyals)

Cash Dividends

7,995,050

9,954,612

7,984,024