Investor Presentation 2022
9-Month Performance
Revenue
47.33
9M 2021
6.5%
Operating Profit
Numbers are in SAR Billions
40
9.92
21.0%
22.1%
EBITDA
14.7%
50.40
19.58
17.07
36.1%
9M 2021
9M 2022
EBITDA Margin
24.0%
Net Profit
8.2%
Investor Presentation 2022 | stc group
38.8%
9M 2022
18.7%
stc achieved an impressive performance for the 9
month period of 2022 as it was able to grow its
topline by 6.5%, supported by:
→ The exceptional performance of the Enterprise
business unit, as revenues grew by 12.4% for
the period, due to the increasing pace of stc
group's digital transformation as it builds out a
world leading comprehensive digital eco-
system, reinforced by the significant growth
witnessed from the digital economy sector in
the Kingdom and the region.
→ The Consumer business unit registered a
topline growth of 6.9% for the period,
attributed to the increase in mobility revenues
by 8.0%, supported by an increase in working
lines by 5.9%, whereas the residential segment
registered a topline growth of 1.6% due to the
increase in FTTH and FWA subscriber base by
1.5% and 18.1%, respectively.
→ The Wholesale business unit also contributed
positively to the company's performance, as it
registered 7.3% revenue growth for the period,
supported by a growth in the group's various
investments in the infrastructure and technical
capabilities.
12.12
9.41
8.70
18.4%
9M 2021
9M 2022
9M 2021
9M 2022
Operating Margin
Net Profit Margin
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