Sustained Infrastructure Holding Co 2019 AR2
The report highlights Saudi Industrial Services Company's (SISCO) financial and operational performance for the fiscal year 2019. The company achieved a 19.6% increase in revenue to SAR 675.9 million and an 8.9% increase in net income to SAR 50.9 million. Key developments included Red Sea Gateway Terminal (RSGT) signing a new 30-year concession agreement with the Saudi Ports Authority to consolidate and redevelop the northern part of Jeddah Islamic Port. In the logistics sector, LogiPoint expanded its services to petrochemical and e-commerce clients, while the water sector saw the completion of Kindasa's Rabigh City Station. SISCO also launched its 'Making a Difference' CSR program, focusing on coastal preservation, community development, and employee health and safety.
Company: Sustained Infrastructure Holding Co
Sector: Transport & logistics
Country: Saudi Arabia
Year: 2019
Type: AR2
Pages: 70
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Sustained Infrastructure Holding Co
Annual Report
The report highlights Saudi Industrial Services Company's (SISCO) financial and operational performance for the fiscal year 2019. The company achieved a 19.6% increase in revenue to SAR 675.9 million and an 8.9% increase in net income to SAR 50.9 million. Key developments included Red Sea Gateway Terminal (RSGT) signing a new 30-year concession agreement with the Saudi Ports Authority to consolidate and redevelop the northern part of Jeddah Islamic Port. In the logistics sector, LogiPoint expanded its services to petrochemical and e-commerce clients, while the water sector saw the completion of Kindasa's Rabigh City Station. SISCO also launched its 'Making a Difference' CSR program, focusing on coastal preservation, community development, and employee health and safety.
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Document Details
Report Year
2019
Reporting Period
Jan 1, 2019 - Dec 31, 2019
Fiscal Year
2019
Type
Annual Report with Sustainability Disclosures
Language
English
Pages
File Size
Standards & Assurance
Materiality Assessment
Assurance
Assurance Provider
Assurance Standard
ESG Data?Experimental: AI-extracted data, may contain inaccuracies
Employees