Saudi Ground Services Company

Saudi Stock Exchange 4031.SR

Saudi Ground Services Company Free Cash Flow for the year ending December 31, 2023: USD 53.09 M

Saudi Ground Services Company Free Cash Flow is USD 53.09 M for the year ending December 31, 2023, a 784.20% change year over year. Free cash flow is the amount of cash a company generates after accounting for cash outflows to support operations and maintain its capital assets.
  • Saudi Ground Services Company Free Cash Flow for the year ending December 31, 2022 was USD -7.76 M, a 73.66% change year over year.
  • Saudi Ground Services Company Free Cash Flow for the year ending December 31, 2021 was USD -29.46 M, a 76.00% change year over year.
  • Saudi Ground Services Company Free Cash Flow for the year ending December 31, 2020 was USD -122.73 M, a -158.60% change year over year.
  • Saudi Ground Services Company Free Cash Flow for the year ending December 31, 2019 was USD 209.43 M, a 189.24% change year over year.
Key data
Date Free Cash Flow Operating Cash Flow Net Cash Used For Investing Activities Net Cash Used Provided By Financing Activities
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Saudi Stock Exchange: 4031.SR

Saudi Ground Services Company

CEO Mr. Mohammad Bin Abdul Karim Mazi
IPO Date Dec. 21, 2015
Location Saudi Arabia
Headquarters Al Yasamin Commercial Center
Employees 11,458
Sector Consumer Discretionary
Industries
Description

Saudi Ground Services Company provides ground-handling services for clients and passengers in the Kingdom of Saudi Arabia. It offers passenger services, such as station management, gate, assisting passengers with reduced mobility, VIP, deportee handling, additional security, flight operations, arrival and transfer, check-in, passenger manifests and seat allocation, excess baggage, boarding pass and baggage tagging, load control, and crew handling services; baggage handling services, including baggage assembly, sorting, reconciliation, and transportation; loading and unloading services; and operation/handling of baggage reconciliation system. The company also provides ramp services comprising aircraft turnaround coordination, ground to cock-pit headset, marshaling the aircraft on the ground at arrival and departure, aircraft loading supervision, ground power unit, push-back, unit load device control, air conditioning unit, air starter unit, aircraft towing, and wing-walkers; cargo services; fleet solutions, such as cabin grooming and deep cleaning, turnaround cleaning, toilet and water, and disinfection services; traffic control services; load control services, including load planning, aircraft weight and balance calculations, messaging and telecommunications, issuing loading instruction reports, and notification to captain and load sheet; and representation and supervision services. In addition, it operated 28 airports. The company was incorporated in 2008 and is headquartered in Jeddah, the Kingdom of Saudi Arabia. Saudi Ground Services Company is a subsidiary of Saudi Arabian Airlines Corporation.

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StockViz Staff

January 15, 2025

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