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Saudi Ground Services Co (4031)

Last update: 12 August 03:18 PM market time.
29.70
-0.40
-1.33%
Open 30.00
Previous Close 30.10
High 30.10
Low 29.55
Stock Statistics
Volume 1,227,244
Turnover 36,536,088.20
All data are 15 minutes late during market session

News

Revenue fell by 82.24% year-on-year during Q2-20
5 August 10:22 AM Saudi Ground Services swings to SAR 198m quarterly losses
Riyadh - Mubasher: Saudi Ground Services Company (SGS) reported net losses after Zakat and tax of SAR 197.87 million in the second quarter ended 30 June 2020, compared with net profits of SAR 123.86 million in the corresponding period in 2019. …
The loan term is extended over 30 months
8 July 09:26 AM Saudi Ground seals SAR 500m Murabaha deal with SABB
Riyadh - Mubasher: Saudi Ground Services Company (SGS) has sealed a Murabaha financing agreement with the Saudi British Bank (SABB) for SAR 500 million to cover the working capital required for operations. The loan term is extended over 30 months, …
Revenues slipped by 15.9% YoY in Q1-20
21 June 09:39 AM Saudi Ground swings to losses in Q1-20, cancels H2-19 dividend
Riyadh – Mubasher: The financial statements of Saudi Ground Services Company (SGS) showed a turn to losses during the first quarter (Q1) of 2020 at SAR 51.5 million, against net profits of SAR 104.1 million in the corresponding quarter a year …
The agreement has been renewed for a period of five years
31 December 2019 05:29 PM SGS renews SAR 1bn service agreement with flynas
Riyadh – Mubasher: Saudi Ground Services Company (SGS) has reached an agreement renewal with flynas for a period of five years. The SAR 1 billion deal is effective from the beginning of January 2020, according to the company’s statement to the …
The company generated SAR 683 million revenues in Q3-19
3 November 2019 09:47 AM Saudi Ground Services generates SAR 2bn revenues in 9M
Riyadh – Mubasher: Saudi Ground Services Company (SGS) posted a 29.7% year-on-year jump in its profits for the third quarter of 2019, registering SAR 120 million. The company generated SAR 683 million revenues in Q3-19, 2.4% lower from SAR 700 …
The decision will become effective on 10 September
18 August 2019 09:55 AM Saudi Ground names Fahad Cynndy new CEO
Riyadh – Mubasher: The board of directors of the Saudi Ground Services Company  (SGS) has appointed Fahad Cynndy as the new CEO. The decision will become effective on Tuesday, 10 September, according to the company’s filing to the Saudi Stock …
SGS will pay a total of SAR 188 million for H1-19
31 July 2019 00:50 PM Saudi Ground Services to pay 10% dividends for H1
Riyadh – Mubasher: The board of directors of the Saudi Ground Services Company (SGS) has approved distributing 10% cash dividends to shareholders for the first half of 2019. The company will pay a total of SAR 188 million, or SAR 1 per share, for …
Net profits after zakat and tax grew 9.8% during Q2-19
30 July 2019 02:37 PM Saudi Ground logs SAR 123m profits in 3M
Riyadh – Mubasher: Saudi Ground Services Company (SGS) posted its interim financial statements for the second quarter of 2019. Net profits after zakat and tax grew 9.8% to SAR 123.8 million during Q2-19, compared to SAR 112.7 million in Q2-18, …
Revenues registered SAR 609.07 million in Q1
5 May 2019 02:07 PM Saudi Ground Services logs SAR 104m profit in Q1
Riyadh – Mubasher: Saudi Ground Services Co. (SGS) posted a 2.4% year-on-year drop in net profits for the first quarter of 2019. The Saudi firm’s net profits, after zakat and taxes, amounted to SAR 104.12 million in Q1-19, compared to SAR 106.66 …
The dividends will be disbursed on 8 May
26 April 2019 05:37 PM Saudi Ground Services’ shareholders approve dividends for H2-18
Riyadh – Mubasher: The general assembly of Saudi Ground Services Co. (SGS) has approved the distribution of SAR 0.8 per share in cash dividends for the second half of the fiscal year 2018. The dividends will be disbursed on 8 May, according to a …
The Saudi firm’s profits fell 12% in Q4-18
26 March 2019 01:51 PM Saudi Ground Services reports 26.5% profit drop in 2018
Riyadh – Mubasher: Saudi Ground Services Co. (SGS) on Tuesday posted a 26.54% year-on-year profit decline during the full-year 2018. The Saudi firm’s net profits tumbled to SAR 368.43 million ($98.24 million) last year, compared to SAR 501.5 …
The deal entails studying the possibility of establishing a new passenger terminal
21 February 2019 10:42 AM Saudi Ground Services, Jabal Omar extend MoU for 6M
Riyadh – Mubasher: The Saudi Ground Services Co. (SGS) on Thursday announced extending a non-binding memorandum of understanding (MoU) with Jabal Omar Development Company for six months. The deal, that will end on 21 August, entails studying the …
The company's profit dropped 28.66% to SAR 312,056 during the first nine months of 2018
4 November 2018 10:09 AM Saudi Ground Services profit falls 42% in Q3
Riyadh – Mubasher: Saudi Ground Services Co. (SGS) on Sunday reported a 42% year-on-year decline in its net profit after Zakat and Tax during the third quarter of 2018, recording SAR 92.677 million compared to SAR 160.047 million. Sales of the …
The MoU aims at establishing a new passenger terminal at King Abdulaziz International Airport
14 August 2018 00:14 PM Jabal Omar, Ground Services extend terminal MoU
Riyadh – Mubasher: Jabal Omar Development Company on Tuesday announced that it has extended a non-binding memorandum of understanding (MoU) with Saudi Ground Services Company (SGS) for one more year until 22 February 2019. The MoU aims at …
Signing the deal agreement
8 August 2018 00:05 AM Saudi Ground Services inks deal for new German technology
Riyadh - Mubasher: Saudi Ground Services Company has agreed with Germany’s Inform to use the company’s modern technologies in its operations in airports and stations around the Saudi kingdom. New systems will be applied and used by the end of …
The firm posted a profit of SAR 112.72 million during Q2-18
2 August 2018 05:04 PM Saudi Ground Services profit falls 8% in Q2
Riyadh – Mubasher: Saudi Ground Services Co on Thursday reported a 7.78% year-on-year decrease in net profits for the second quarter of 2018. The firm posted a profit of SAR 112.72 million during Q2-18, down from SAR 122.23 million in Q2-17, …
The sector’s net profit reached AED 80.38 million in Q4-18
1 April 2018 04:52 PM Saudi-listed transport firms profits plunge 44% in Q4
By: Thabet Shehata Riyadh – Mubasher: Saudi Arabia-listed transportation companies saw a 44.36% decline in net profits during the fourth quarter and a 22.84% decrease in the full-year 2017.  The sector’s net profit reached AED 80.38 million in …
The firm’s profits decreased to SAR 501.5m in 2017
28 March 2018 05:12 PM Saudi Ground Services profit falls 27% in 2017
Riyadh – Mubasher: Saudi Ground Services Co on Wednesday reported a 26.9% year-on-year slump in its net profits during the full-year 2017, compared to the previous year. The firm’s profits decreased to SAR 501.5 million last year, down from SAR …
The MoU will last for six months
22 February 2018 10:11 AM KSA’s Jabal Omar, Ground Services ink new terminal MoU
Riyadh – Mubasher: Saudi Arabia’s Jabal Omar Development has signed a memorandum of understanding (MoU) with Saudi Ground Services Co for jointly studying the possibility of establishing new passenger terminal at King Abdulaziz International …
Photo Archive
5 November 2017 05:39 PM Saudi Ground Services Q3 profits fall 17%
Riyadh – Mubasher: Saudi Ground Services Co on Sunday reported a 17.37% year-on-year drop and a 30.89% quarter-on-quarter rise in profits for the third quarter of 2017. Net profit retreated to SAR 160 million in Q3-17, versus SAR 193.7 million in …
The Saudi Stock Exchange
7 October 2017 11:14 PM Tadawul awaits important events this week
Riyadh - Mubasher: Investors in the Saudi Stock Exchange (Tadawul) are anticipating a series of important events this week, between 8 and 12 October, led by a number of general assembly meetings and cash dividends distributions. Saudi Basic …
The board of directors of Saudi Ground Services Co (SGS) on Sunday approved appointing Omar Mohamed Najjar as the new CEO
20 August 2017 09:34 AM Ground Services names Najjar new CEO
Riyadh – Mubasher: The board of directors of Saudi Ground Services Co (SGS) on Sunday approved appointing Omar Mohamed Najjar as the new CEO of the company, effective 25 September 2017, according to a statement to the Saudi Stock Exchange …
Total net profits of five listed transportation companies reached SAR 244.54 million ($65.21m) in Q2-17
13 August 2017 05:19 PM KSA transportation sector Q2 profits drop to SAR 245m
Riyadh – Mubasher: The financial statements of Saudi transportation companies showed a 15% drop in net profits in the second quarter of 2017, compared to the same quarter of the previous year, and a 21% decline in profits of the first half. Data …
Net profits decreased to SAR 122.3 million in Q2-17, from SAR 195.8 million in Q2-16, according to a bourse filing
3 August 2017 01:15 PM Ground Services profits fall 38% in Q2 on revenue drop
Riyadh – Mubasher: Saudi Ground Services Co (SGS) on Thursday said its net profits slid 37.6% year-on-year in the second quarter of 2017. Net profits decreased to SAR 122.3 million in Q2-17, from SAR 195.8 million in Q2-16, according to a bourse …
(Photo Credit: Arabianeye-Reuters)
21 May 2017 06:24 PM Ground Services to distribute SAR 122m dividends for Q1
Riyadh – Mubasher: Saudi Ground Services’ board approved the distribution of cash dividends for the first quarter of 2017. The company will pay SAR 0.65 per share, representing 6.5% of the nominal value and totaling SAR 122.2 million, according to …