The National Shipping Company of Saudi Arabia

Saudi Stock Exchange 4030.SR

The National Shipping Company of Saudi Arabia Net Income Margin for the year ending December 31, 2023: 18.38%

The National Shipping Company of Saudi Arabia Net Income Margin is 18.38% for the year ending December 31, 2023, a 51.56% change year over year. Net Income Ratio, also known as the profit margin, is the ratio of net income to net sales, showing the percentage of revenue that remains as profit after all expenses are deducted.

The National Shipping Company of Saudi Arabia Net Income Margin for the year ending December 31, 2022 was 12.13%, a 237.25% change year over year.
The National Shipping Company of Saudi Arabia Net Income Margin for the year ending December 31, 2021 was 3.60%, a -80.79% change year over year.
The National Shipping Company of Saudi Arabia Net Income Margin for the year ending December 31, 2020 was 18.72%, a 98.05% change year over year.
The National Shipping Company of Saudi Arabia Net Income Margin for the year ending December 31, 2019 was 9.45%, a 20.40% change year over year.

Key data

Date	Net Income Margin	EBITDA Margin	EBIT Margin	EBITDA

Saudi Stock Exchange: 4030.SR

The National Shipping Company of Saudi Arabia

CEO	Engineer Ahmed Ali Al-Subaey
IPO Date	March 4, 2010
Location	Saudi Arabia
Headquarters	Olaya Towers, Tower B
Employees	281
Sector	Industrials
Industries Maritime Shipping Container Shipping Logistics & Freight

Description

The National Shipping Company of Saudi Arabia, together with its subsidiaries, purchases, sells, and operates vessels for the transportation of cargo in the Kingdom of Saudi Arabia. The company operates through Transportation of Oil, Transportation of Chemicals, Logistics, and Transportation of Dry Bulk segments. It transports crude oil, petrochemical products, and liquified petroleum gas; provides technical ship management and logistics services; and packs and stores grain. The company also engages in agency activities for maritime shipping companies; cargo clearance and coordination for transport and storage on-board vessels; and other marine transport activities. In addition, it owns lands and properties; and owns shares in other companies. As of December 31, 2021, the company owned and operated 90 vessels, which included 47 crude carriers; 28 chemical tankers; 6 RoCon vessels; and 9 dry bulk carriers. The National Shipping Company of Saudi Arabia was founded in 1978 and is headquartered in Riyadh, the Kingdom of Saudi Arabia.

Key trends

Past 5 years