Announcement of the Annual Financial results for the period ending on 2025-12-31


Sustained Infrastructure Holding Co. announces its Annual Financial results for the period ending on 2025-12-31

Element ListCurrent YearPrevious Year%Change
Sales/Revenue1,605.51,320.921.55
Gross Profit (Loss)714.8641.311.46
Operational Profit (Loss)426.8377.912.94
Net Profit (Loss) Attributable to Shareholders of the Issuer96.4-0.74-
Total Comprehensive Income Attributable to Shareholders of the Issuer80.11.55,240
Total Shareholders Equity (after Deducting Minority Equity)1,4941,4781.08
Profit (Loss) per Share1.19-0.01
All figures are in (Millions) Saudi Arabia, Riyals



Element ListAmountPercentage of the capital (%)
Profit (Losses) Resulting From The Change In Investment Propertie’s Fair Value--
All figures are in (Millions) Saudi Arabia, Riyals



Element ListExplanation
The reason of the increase (decrease) in the sales/ revenues during the current year compared to the last yearRevenues, excluding accounting construction revenue, increased by 13.9% to SAR 1.42 billion compared to SAR 1.25 billion last year. This was primarily driven by growth in the ports segment, mainly coming from the port segment primarily due to the commencement of the Multi-Purpose Terminal (“MPT”) operations and improved revenue from the international ports segment.
The reason of the increase (decrease) in the net profit during the current year compared to the last year isSISCO Holding reported YE 2025 a net profit of SAR 96.4 million, compared to a loss of SAR 0.7 million YE 2024. This increase is due to the following:

• strong revenue growth by SAR 174.5 million and improved gross profit by SAR 73.5 million.

• an increase in income from equity accounted associates of SAR 29.7 million reaching SAR 36.6 million YE 2025, compared to SAR 6.9 million for the YE 2024. YE2024, was impacted by the one-off provision for additional costs in three EPC (Engineering, procurement and construction) projects of SAR 34 million in SISCO’s associate Tawzea and a one-off loss in the associate GDI of SAR 12 million.

• a reduction in zakat expense of SAR 29.8 million, as last year included a one-off zakat expense of SAR 25 million, and

• an increase in other income by SAR 44.3 million. This is mainly due to the release of a retention provision of SAR 35.2 million and includes one-off items such as: a one-off gain on the disposal of an equity accounted associate (Xenmet) for SAR 1.1 million and a lease modification gain of SAR 4.9 million.

• The above increase is offset by an increase in MPT pre-operating costs and finance charges.

Statement of the type of external auditor's reportUnmodified opinion
Comment mentioned in the external auditor’s report, mentioned in any of the following paragraphs (other matter, conservation, notice, disclaimer of opinion, or adverse opinion)None
Reclassification of Comparison ItemsFinancial statements for the current period have been prepared according to the International Financial Reporting Standards (IFRS) that are endorsed in the Kingdom of Saudi Arabia and based on that the presentation, measurement, recognition, and disclosure for some of the financial data has been changed to comply with IFRS accounting policies as adopted in the Kingdom.
Additional InformationIn accordance with IFRIC 12 (IFRS Interpretations Committee), the reported revenue includes accounting construction revenue of SAR 176.6 million. There is no impact on gross profit or net profit as there is a corresponding accounting construction cost of SAR 176.6 million recognized in the cost of revenue.
Attached Documents