Riyadh – Mubasher: Saudi Ground Services Company suffered net losses after Zakat and tax worth SAR 254.41 million last year, down 43.99% from SAR 454.29 million in 2020.
Revenues soared by 28.44%, reaching SAR 1.60 billion in 2021, compared to SAR 1.25 billion in 2020, according to a bourse filing.
Moreover, the loss per share plunged to SAR 1.35 last year from SAR 2.42 in 2020.
In the first nine months (9M) of 2021, the company reported an annual drop of 54.38% in net losses after Zakat and tax at SAR 153.34 million, compared to SAR 336.20 million.
