Sustained Infrastructure Holding Co. — Earnings Release 2012

Feb 24, 2013

Saudi Industrial Services Company "SISCO announces the annual consolidated financial results for the period ended 31/12/2012.

2190 · 24/02/2013 16:22:52 · Announcement #29157 · View on Saudi Exchange

Saudi Industrial Services Company "SISCO announces the annual consolidated financial results for the period ended 31/12/2012.

Saudi Industrial Services Company "SISCO" announces the annual consolidated financial results for the period ended 31/12/2012:

1.Net profit reached SR 38,226,230 compared to net profit of SR 11,041,117 in the previous year with an increase of 246%.

2. Earnings per share 0.56 compared to net profit per share of SR 0.16 in the previous year.

3.Gross profit reached SR 216,611,521 compared to SR 163,335,015 for the previous year, with an increase of 33%.

4.Operating profit reached SR 111,221,592 compared to SR 59,182,036 for the previous year, with an increase of 88%.

5.The improvement in operational results and the profitability of the company is mainly attributable to improvement in operations of its subsidiaries particularly those who are involved in port related businesses.

6.Certain of prior year`s figures have been reclassified to conform with the presentation in the current year.

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.