Saudi Ground Services Co (SGS) News - Mubasher Info
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Saudi Ground Services Co (4031)

Last update: 02:59 PM market time.
53.90
24.50
83.33%
Open 53.80
Previous Close 29.40
High 55.30
Low 52.80
Stock Statistics
Volume 4,125,687
Turnover 223,417,197.20
All data are 15 minutes late during market session

News

Photo Archive
14 April 04:20 PM Saudi Ground Services signs 5-year contract with flynas; value estimated at SAR 2bn
Riyadh – Mubasher: The Saudi Ground Services Company has signed a contract renewal deal with flynas on 13 April 2024, according to a bourse filing. Under the five-year contract, Saudi Ground Services will provide flynas domestic and international …
Photo Archive
25 March 12:49 PM Saudi Ground Services switches to profitability in 2023
Riyadh – Mubasher: Saudi Ground Services Company shifted to profitability in 2023, recording a net profit of SAR 211.47 million, versus a net loss of SAR 244.48 million in 2022. Revenues jumped 24.37% year-on-year (YoY) to SAR 2.45 billion last …
Photo Archive
1 February 01:22 PM Saudi Ground Services unveil SAR 800m deal with Flyadeal
Riyadh – Mubasher: Saudi Ground Services Company renewed its contract with Flyadeal Company, on 31 January 2024, to provide the latter with ground handling services at airports. The agreement is expected to be valid for three years until 31 …
Photo Archive
6 November 2023 00:21 PM Saudi Ground Services turns profitable in 9M-23; revenues hit SAR 1.83bn
Riyadh – Mubasher: Saudi Ground Services Company swung to net profits after Zakat and tax valued at SAR 149.85 million in the first nine months (9M) of 2023, against net losses worth SAR 136.71 million in 9M-22. Revenues amounted to SAR 1.83 …
Photo Archive
14 August 2023 02:05 PM Saudi Ground Services swings to SAR 90m profits in H1-23
Riyadh – Mubasher: Saudi Ground Services Company shifted to net profits after Zakat and tax amounting to SAR 89.97 million in the first half (H1) of 2023, against net losses valued at SAR 85.86 million in H1-22. Revenues hiked by 29.31% …
Photo Archive
3 July 2023 10:36 AM Saudi Ground Services inks SAR 105m agreement with Bupa Arabia
Riyadh – Mubasher: Saudi Ground Services Company penned a SAR 105 million deal with Bupa Arabia for Cooperative Insurance Company on 2 July, according to a bourse filing. Under the agreement, Bupa Arabia will offer medical insurance services for …
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18 May 2023 00:07 PM Saudi Ground Services turns profitable in Q1-23 interim results
Riyadh – Mubasher: Saudi Ground Services Company swung to net profits after Zakat and tax worth SAR 40.04 million in the first quarter (Q1) of 2023, versus net losses amounting to SAR 19.01 million in Q1-22. The revenues totalled SAR 563.86 …
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26 March 2023 02:25 PM Saudi Ground Services posts lower losses at SAR 244.5m in 2022
Riyadh – Mubasher: Saudi Ground Services Company registered net losses after Zakat and tax worth SAR 244.48 million in 2022, down 3.90% year-on-year (YoY) from SAR 254.41 million. Loss per share amounted to SAR 1.30 last year, versus SAR 1.35 in …
Photo Archive
6 November 2022 03:15 PM Saudi Ground Services incurs nearly SAR 137m losses in 9M-22
Riyadh – Mubasher: The net losses after Zakat and tax of Saudi Ground Services Company shrank by 10.84% to SAR 136.71 million in the first nine months (9M) of 2022, compared to SAR 153.34 million in 9M-21. During the January-September 2022 period, …
Photo Archive
24 August 2022 05:55 PM Saudi Ground Services’ losses shrink 22% in H1-22 interim results
Riyadh – Mubasher: Saudi Ground Services Company registered net losses after Zakat and tax worth SAR 85.86 million during the first half (H1) of 2022, down 21.84% from SAR 109.85 million in H1-21. The listed firm generated revenues of SAR 920.50 …
Photo Archive
18 May 2022 06:45 PM Saudi Ground Services reports 14% higher losses in Q1-22 interim results
Riyadh – Mubasher: The net losses of Saudi Ground Services Company after Zakat and tax surged by 13.91% to SAR 19.01 million in the first quarter (Q1) of 2022 from SAR 16.69 million in Q1-21. During the January-March 2022 period, the company …
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8 May 2022 00:52 PM Saudi Ground Services names new Chairman, Vice Chairman
Riyadh – Mubasher: Saudi Ground Services Company has appointed Khalid Al Buainain as the new Chairman of the board for the coming three years. The Saudi listed company also named Omar Jefri as the Vice Chairman, according to a bourse filing on …
12 April 2022 06:05 PM Consortium including Saudi Ground Services wins SAR 343m contract
Riyadh – Mubasher: A consortium comprising Saudi Ground Services Company as well as Saudi Services and Operations Company has been awarded an operation and maintenance contract at a total value of SAR 342.76 million. Upon the contract awarded on …
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27 March 2022 01:28 PM Saudi Ground Services incurs SAR 254.5m losses in 2021
Riyadh – Mubasher: Saudi Ground Services Company suffered net losses after Zakat and tax worth SAR 254.41 million last year, down 43.99% from SAR 454.29 million in 2020. Revenues soared by 28.44%, reaching SAR 1.60 billion in 2021, compared to SAR …
Photo Archive
24 November 2021 07:07 PM Saudi Airlines Catering to serve Saudi Ground Service’s sites in 4 cities
Riyadh – Mubasher: Saudi Airlines Catering Company has signed a two-year contract with Saudi Ground Service Company to provide catering services for work and residential sites of the latter inside and outside airports in Jeddah, Riyadh, Dammam, …
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16 November 2021 05:40 PM EgyptAir, Saudi Ground Services partner during Dubai Airshow
Mubasher: Egypt’s flag carrier, EgyptAir, has signed a contract with the Saudi Ground Services Company during their presence at the Dubai Airshow 2021, which is being held during 14-18 November, Ahram Gate reported on Tuesday. Upon the joint …
The company generated revenues of SAR 1.168 billion
7 November 2021 05:02 PM Saudi Ground Services' losses retreat 54% in 9M
Riyadh – Mubasher: The net losses after Zakat and tax of Saudi Ground Services Company plunged by 54.389% to SAR 153.342 million in the first nine months of 2021 from SAR 336.202 million in the year-ago period, according to the company interim …
During the Signing of the Agreement
20 September 2021 10:17 AM flydubai signs AED 100m agreement with Saudi Ground Services
Riyadh – Mubasher: flydubai has signed an agreement worth more than AED 100 million with the Tadawul-listed Saudi Ground Services Company, UAE news agency WAM reported. The Saudi Company will be responsible for ground handling services for …
The loss per share stood at SAR 0.58 in H1-21
15 August 2021 10:53 AM Saudi Ground Services’ H1-21 losses narrow 56%
Riyadh – Mubasher: Saudi Ground Services Company registered a net loss after Zakat and tax worth SAR 109.85 million in the first half (H1) of 2021, lower by 55.9% than SAR 249.41 million in the same six months last year. The loss per share stood …
Al Idrissi is succeeding Fahd Hamza Cynndy
8 August 2021 00:01 PM Saudi Ground Services appoints new CEO
Riyadh – Mubasher: Saudi Ground Services Company has appointed Raed Hassan Al Idrissi as the new CEO to assume the position as of 8 July 2021. The appointment of Al Idrissi was based on the board’s resolution on 5 August, according to a bourse …
The contract is expected to contribute to the sustainability of the company's business
30 June 2021 11:07 AM Saudi Ground Services inks SAR 5.9bn deal with Saudia
Riyadh - Mubasher: Saudi Ground Services Company (SGS) signed a contract worth SAR 5.9 billion with Saudia Airlines to provide ground handling services, including ramp services and passenger services, for Saudia's domestic and international …
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7 March 2021 10:32 AM Saudi Ground Services incurs SAR 454.3m losses in 2020
Riyadh - Mubasher: Saudi Ground Services Company (SGS) moved to a net loss of SAR 454.295 million in 2020, versus a net profit of SAR 423.353 million in 2019. The annual losses came in light of the temporary suspension of domestic and …
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10 November 2020 01:45 PM Saudi transport sector suffers losses in Q3
Riyadh – Mubasher: Five Tadawul-listed transport companies moved to losses during the third quarter (Q3) of 2020 as revenues from activities plunged due to the adverse effects of the coronavirus crisis. The companies suffered a loss of SAR 130.83 …
Photo Archive
21 September 2020 01:18 PM SGS employs advanced technologies to sterilise aircraft, Saudi airports
Riyadh - Mubasher: Saudi Ground Services Company (SGS) signed a memorandum of understanding (MoU) to develop and manufacture first-of-its-kind technical solutions for the sterilisation of airports and aircraft in all Saudi airports. …
The transport sector posted a profit of SAR 180.4 million in Q2-19
26 August 2020 04:00 PM Coronavirus pushes Saudi transport sector to SAR 264.7m quarterly loss
Riyadh – Mubasher: The coronavirus crisis and its repercussions have led the Saudi transport sector to suffer SAR 264.7 million worth of losses during the second quarter (Q2) of 2020 amidst halt and suspension of most flights as part of the …