Investor Presentation 2022
6-Month Performance
Revenue
31.59
7.4%
33.93
EBITDA
36.3%
11.47
9.0%
6M 2021
6M 2022
6M 2021
6M 2022
Operating Profit
12.1%)
21.3%
6.73
22.2%
7.54
Net Profit
1.7%
Investor Presentation 2022 | stc group
36.9%
12.50
stc achieved an impressive performance for the
6 month period of 2022 as it was able to grow its
topline by 7.4%, due to the increase in stc KSA
revenues by 9.1%. The outstanding performance
was mainly driven by:
→ The exceptional performance from the
Enterprise business unit, as revenues grew
by 15.9% for the period, due to the continued
strong demand for the company's services, as
a result of the significant growth witnessed
in the digital economy sector in KSA and the
region.
→ The Consumer business unit registered a
topline growth of 6.1% for the period,
attributed to the increase in mobility
revenues by 6.7%, supported by an increase
in working lines by 5.9%, whereas the
residential segment registered a topline
growth of 3.0% aided by the increase in FTTH
and FWA subscriber base by 3.4% and 13.5%,
respectively.
→ The Wholesale business unit also
contributed positively to the company's
performance, as it registered 6.1% revenue
growth for the period, supported by a growth
in the local and international revenues.
→ In addition to the revenues from stc group's
subsidiaries increased by 3.3% which
positively impacted the group's financial
results for the period.
stc
18.27%
5.87
17.31%
5.77
6M 2021
6M 2022
6M 2021
6M 2022
Numbers are in SAR Billions
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