Robust business and financial profile

  • Consistent revenue growth uninterrupted by the pandemic with 2020G revenue at SAR 8.6 billion up from SAR 7.4 billion in 2018G, representing a CAGR of 8.4%.
  • Consistent net profit growth with 2020G net profit at SAR 849 million up from SAR 611 million in 2018G, representing a CAGR of 17.9%; accompanied by enhanced margins of 9.8% in 2020G up from 8.3% in 2018G.
  • Solid and growing free cash flow conversion rate of 75.6%, 76.6%, and 91.1% in 2018G, 2019G, and 2020G, respectively.
  • Strong balance sheet position to support next phase of growth with limited working capital requirements.