Sustained Infrastructure Holding Co. — Earnings Release 2012

Feb 25, 2012

Saudi Industrial Services Company "SISCO announces the annual consolidated financial results for the period ended 31/12/2011

2190 · 25/02/2012 16:01:09 · Announcement #24338 · View on Saudi Exchange

Saudi Industrial Services Company "SISCO announces the annual consolidated financial results for the period ended 31/12/2011

Saudi Industrial Services Company "SISCO" announces the annual consolidated financial results for the period ended 31/12/2011:

1.Net profit reached SR 11 million, compared to net profit of SR 2.1 million in the previous year with an increase of 424%.

2. Net profit per share 0.16 compared to net profit per share of SR 0.03 in the previous year.

3.Gross profit reached SR 163.3 million, compared to SR 108.4 million for the previous year, with an increase of 51%.

4.Operating profit reached SR 59.1 million, compared to SR 35.1 million for the previous year, with an increase of 68%.

5.Net results for 31 December 2011 are better due to improvement in operating results, which was mainly contributed by Red Sea Gateway Terminals improved operating activities.

The Capital Market Authority and Saudi Exchange take no responsibility for the contents of this disclosure, make no representations as to its accuracy or completeness, and expressly disclaim any liability whatsoever for any loss arising from, or incurred in reliance upon, any part of this disclosure, and the issuer accepts full responsibility for the accuracy of the information contained in it and confirms, having made all reasonable enquiries, that to the best of their knowledge and belief, there are no other facts or information the omission of which would make the disclosure misleading, incomplete or inaccurate.