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)

2021

2022

2023

Income Statement

Revenues

63,007,986

67,431,546

72,336,611

Gross Profit

33,794,029

37,393,255

37,803,690

Net profit before zakat, tax and non controlling interest

12,635,063

13,470,097

14,794,977

Net Profit

11,311,342

12,170,537

13,295,381

Balance Sheet

Total Assets

127,779,417

137,219,986

159,682,770

Total Liabilities

56,393,438

61,194,394

78,167,604

Total Equity

71,385,979

76,025,592

81,515,166

Cash Flow

Net cash from Operating activities

11,220,155

26,354,390

22,417,558

Net cash from Investing activities

(1,714,583)

(8,578,939)

(28,383,342)

Net cash from Financing activities

(10,235,177)

(8,255,503)

1,590,929

Key Indicators

Basic and diluted Earnings per Share (Saudi Riyals)

5.66

2.44

2.67

Dividend per Share (Saudi Riyals)*

1.60

Cash Dividends

9,985,483

7,984,024

7,975,133