Ades Holding Co.

Saudi Stock Exchange 2382.SR

Ades Holding Co. Net Income for the year ending December 31, 2023: USD 117.71 M

Ades Holding Co. Net Income is USD 117.71 M for the year ending December 31, 2023, a 13.48% change year over year. Net income is the total profit earned by a company after deducting all expenses, including taxes and non-controlling interest.
  • Ades Holding Co. Net Income for the year ending December 31, 2022 was USD 103.73 M, a 261.75% change year over year.
  • Ades Holding Co. Net Income for the year ending December 31, 2021 was USD 28.68 M, a 46.43% change year over year.
  • Ades Holding Co. Net Income for the year ending December 31, 2020 was USD 19.58 M, a -31.50% change year over year.
  • Ades Holding Co. Net Income for the year ending December 31, 2019 was USD 28.59 M, a -60.72% change year over year.
Key data
Date Net Income EPS (Diluted) Shares (Diluted, Weighted) Net Income Margin
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Saudi Stock Exchange: 2382.SR

Ades Holding Co.

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.

StockViz Staff

January 15, 2025

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