Saudi Industrial Services Company (SISCO) announces its interim financial results for the period ended 30 September 2011 (Nine Months).

Saudi Industrial Services Company (SISCO) announces its interim financial results for the period ended 30 September 2011 as follows:

  1. Net profit in the third quarter reached SR 6,993,548 compared to net profit of SR 229,330 in the comparable quarter of 2010 with 2949.5% increase, and compared to net profit of SR 5,349,298 in the second quarter of 2011 with 30.7% increase .
  2. Gross profit in the third quarter reached SR 48,666,002 compared to SR 31,458,109 in the comparable quarter of 2010, with 54.7 % increase.
  3. Operating profit in the third quarter reached SR 23,101,116 compared to SR 14,902,507 in the comparable quarter of 2010, with 55% increase.
  4. Net profit for the nine months ended 30/09/2011 reached SR 11,557,141 compared to net profit SR 4,540,766 for the same period of 2010 with 154.5% increase .
  5. Net profit per share for the nine months ended 30/09/2011 reached 0.170 compared to net profit per share of SR 0.067 in the comparable period of 2010.
  6. Gross profit for the nine months ended 30/09/2011reached SR 123,257,646 compared to Gross profit of SR 80,125,538 in the comparable period of 2010, with 53.8% increase .
  7. Operating profit for the nine months ended 30/09/2011 reached SR 53,967,505 compared to operating profit of SR 28,439,244 in the comparable period of 2010, with 89.7% increase.
  8. Net profit for the third quarter, and the nine months ended 30 September 2011 compared to the similar periods of last year, Is higher due to improvement in operating results , which was mainly contributed by Red Sea Gateway Terminals improved operating activities.



2015-05-31 - An interview on CNBCARABIA with SISCO CEO



2015-03-15 - An interview on CNBCARABIA with SISCO CEO


2015-03-15 - Jeddah port receives the largest container carrier in the world - Video


2015-01-20 - SISCO CEO Interview with CNBC Arabia