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XSAU
4031
Market cap2.12bUSD
Nov 12, Last price  
42.30SAR
Name

Saudi Ground Services Co

Chart & performance

D1W1MN
XSAU:4031 chart
P/E
19.65
P/S
2.91
EPS
2.15
Div yield, %
2.36%
Shrs. gr., 5y
—
Rev. gr., 5y
16.87%
Revenues
2.73b
+1.71%
2,007,121,3462,143,848,9342,408,025,6352,540,512,2112,726,672,9802,585,531,0002,554,043,0002,539,760,0001,251,835,0001,607,933,0001,977,037,0002,458,888,0002,683,844,0002,729,708,000
Net income
405m
+23.75%
589,290,055605,960,480656,981,157621,071,511685,828,831501,500,000368,425,000423,353,000-454,295,000-254,410,000-244,488,000211,477,000327,034,000404,709,000
CFO
743m
+50.11%
541,457,894422,932,728561,840,681665,069,277616,050,728563,614,000436,001,000966,239,000-419,216,000-10,189,00032,042,000341,952,000495,212,000743,378,000
Dividend
Oct 07, 20261 SAR/sh

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Profile

Saudi Ground Services Company (SGS) delivers a comprehensive range of essential ground handling and support services to airlines and passengers across the Kingdom of Saudi Arabia. Its extensive offerings include diverse passenger services such as efficient station management, gate operations, specialized assistance for passengers with reduced mobility, VIP and deportee handling, enhanced security protocols, flight operations coordination, seamless arrival and transfer processes, check-in, passenger manifest and seat allocation, management of excess baggage, and the issuance of boarding passes and baggage tags, along with critical load control and crew handling. SGS is also responsible for meticulous baggage handling, encompassing assembly, sorting, reconciliation, transportation, and the operation of baggage reconciliation systems, in addition to loading and unloading services. The company provides vital ramp operations, including aircraft turnaround coordination, ground-to-cockpit communication, marshaling, supervision of aircraft loading, provision of ground power and air conditioning units, push-back procedures, unit load device control, air starter units, aircraft towing, and wing-walker services. Furthermore, SGS offers specialized cargo services, comprehensive fleet solutions like cabin grooming, deep cleaning, and disinfection, alongside turnaround cleaning and water/toilet servicing. It manages traffic control and intricate load control activities, which involve detailed load planning, precise aircraft weight and balance calculations, messaging, telecommunications, and the issuance of loading instruction reports and captain notifications. The company also extends representation and supervision services. Established in 2008 and headquartered in Jeddah, Saudi Arabia, Saudi Ground Services Company oversees operations at 28 airports nationwide and operates as a subsidiary of the Saudi Arabian Airlines Corporation.

Key people

Khalid Bin Qasim Al-Buainain
Independent Non-Executive Chairman of the Board
Mohammed Bin Abdulkarim Mazi
Chief Executive Officer · since 2024
Mohammed Alamoudi
Acting Vice President - Finance · since 2024
Omar Alamoudi
Vice President - Operations · since 2024
Abdulaziz Alhamad
Acting Vice President - Commercial · since 2024
Mazen Gharib Dhaifallah
Vice President - Company Affairs, Secretary of the Board and Committees · since 2022
Waleed Ibrahim Ali
Vice President - Planning and Supportive Services · since 2024
Ahmed Mohammed Alzahri
Vice President - Human Resources · since 2023
Nasser Bin Farooq Alqawas
Non-Executive Member of the Board · since 2023
Fahd Bin Hamza Cynndy
Non-Executive Member of the Board · since 2021
Omar Bin Abdullah Jafri
Independent Non-Executive Vice Chairman of the Board · since 2022
Mansour Bin Abdulaziz Al Busaily
Non-Executive Independent Member of the Board · since 2015
Said Bin Abullatif Al-Hadrami
Non-Executive Independent Member of the Board · since 2022
Ghada Bint Ali Al-Jarbou
Non-Executive Independent Member of the Board · since 2022
Nader Bin Muhammad Saleh Ashoor
Non-Executive Independent Member of the Board · since 2022
Pierre Utnegaard
Non-Executive Independent Member of the Board
IPO date
Jun 25, 2015
Employees
Domiciled in
SA
Incorporated in
SA

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