last trade: 38.70 SAR (16 November 2017) -0.30
Have questions regarding this company profile? Get detailed company information on Thomson Reuters Business Development MENA.
Thomson Reuters research team update company information from primary sources (company annual reports, press releases, company websites, corporate briefings, official statements/interviews) and reliable secondary sources (stock markets, reliable third party publications).
The Saudi Ground Services Company (SGS), which provides aviation ground handling services and logistics to many local and international airlines across 27 airports in Saudi Arabia, has announced that its revenues grew by 7.3 percent to SR2.726 billion last year. The company’s operating profits rose by 11.58 percent to SR703 million. The net profit reached SR685 million and the totalArab News - 03-Apr-2017
Profits of the listed transport firms grew by 116% in the first nine months of the current year to reach SR2.11 billion compared to SAR 980 million in the same period last year.Arab News - 15-Nov-2015
Q2 2015 saw a significantPress Release - 11-Aug-2015
Clifford Chance advised Saudi Ground Services (SGS) on its IPO and listing on the Saudi Stock Exchange. The IPO was undertaken through the sale of 30% of the share capital of SGS to potential investors. SGS allocated 33.84 million shares to institutional investors and 22.56 million shares to retail investors at a price of SAR50 per share. The IPO was considerably oversubscribed and raised SAR2.82Press Release - 24-Jun-2015