ACWA POWER Company

Saudi Stock Exchange 2082.SR

ACWA POWER Company Gross Profit Margin for the year ending December 31, 2023: 57.34%

ACWA POWER Company Gross Profit Margin is 57.34% for the year ending December 31, 2023, a 5.59% change year over year. Gross Profit Ratio is the ratio of gross profit to net sales, indicating the percentage of revenue that exceeds the cost of goods sold and reflects the efficiency of a company in managing its production or procurement and sales.

ACWA POWER Company Gross Profit Margin for the year ending December 31, 2022 was 54.31%, a 0.38% change year over year.
ACWA POWER Company Gross Profit Margin for the year ending December 31, 2021 was 54.10%, a 3.36% change year over year.
ACWA POWER Company Gross Profit Margin for the year ending December 31, 2020 was 52.34%, a 1.57% change year over year.
ACWA POWER Company Gross Profit Margin for the year ending December 31, 2019 was 51.53%, a 24.16% change year over year.

Key data

Date	Gross Profit Margin	Operating Income Margin	EBT Margin	Net Income Margin

Saudi Stock Exchange: 2082.SR

ACWA POWER Company

CEO	Mr. Marco Piero Arcelli
IPO Date	Dec. 19, 2021
Location	Saudi Arabia
Headquarters	Business Gate Office Complex
Employees	3,538
Sector	Utilities
Industries Renewables Hydro Energy Utility

Description

ACWA Power Company invests in, develops, constructs, and operates power generation, green hydrogen, and desalinated water plants worldwide. It operates through Thermal and Water Desalination; Renewables; and Others segments. The company also engages in the leasing, installation, operation and maintenance, and contracting of electricity generation, water desalination, and steam plants; and distribution of electricity, desalinated water, and steam, as well as other related or auxiliary business activities. It generates power through a range of fossil fuel and renewable sources, such as oil, coal, gas, solar, hydrogen, and wind. The company operates 67 power generation and water desalination projects in Bahrain, the United Arab Emirates, Azerbaijan, the Kingdom of Saudi Arabia, Oman, Jordan, Egypt, South Africa, Turkey, and Vietnam. The company was formerly known as International Company for Water and Power Projects and changed its name to ACWA POWER Company in January 2022. ACWA Power Company was founded in 2004 and is headquartered in Riyadh, the Kingdom of Saudi Arabia.

Key trends

Past 5 years