Ades Holding Co.
Saudi Stock Exchange 2382.SR
Ades Holding Co. EBIT for the year ending December 31, 2023: USD 342.13 M
Ades Holding Co. EBIT is USD 342.13 M for the year ending December 31, 2023, a 70.35% change year over year. EBIT means earnings before interest and taxes, it is calculated as operating income plus non-operating income.
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Ades Holding Co. EBIT for the year ending December 31, 2022 was USD 200.84 M, a 75.83% change year over year.
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Ades Holding Co. EBIT for the year ending December 31, 2021 was USD 114.22 M, a 28.97% change year over year.
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Ades Holding Co. EBIT for the year ending December 31, 2020 was USD 88.56 M, a -33.04% change year over year.
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Ades Holding Co. EBIT for the year ending December 31, 2019 was USD 132.25 M, a 86.91% change year over year.
Key data
| Date | EBIT | EBITDA | Net Income | EPS (Diluted) |
|---|
Market news
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Saudi Stock Exchange: 2382.SR
| CEO | Dr. Mohamed Farouk Md. Abdul Majeed Abdul Khaleq |
| IPO Date | Oct. 11, 2023 |
| Location | United Arab Emirates |
| Headquarters | Al Zamil House |
| Employees | 3,024 |
| Sector | Energy |
| Industries | |
Description
ADES Holding Company, through its subsidiaries, provides oil and gas drilling and production facilities in the Middle East and Asia. Its services primarily include offshore and onshore drilling and production services. The company's offshore services comprise drilling and well maintenance, and mobile offshore production unit production services, as well as accommodation, catering, and other shipboard support services. Its onshore services include drilling and maintenance services, as well as repair and maintenance services. The company was founded in 2016 and is headquartered in Al Khobar, the United Arab Emirates.
Key trends
Past 5 years
StockViz Staff
January 15, 2025
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