{ "schema_version": 1, "id": "sisco:1:261", "entry_id": 261, "channel": "reports", "kind": "reports", "language": "en", "slug": "annual-report-2025", "title": "Annual Report - Year 2025", "url": "https://sisco.uxpan.net/en/investor-relations/reports/annual-report-2025/", "markdown_url": "https://sisco.uxpan.net/en/md/reports/annual-report-2025.md", "raw_url": "https://sisco.uxpan.net/en/md/raw/reports/annual-report-2025.json", "published_at": "2026-04-01T06:04:00+00:00", "updated_at": "2026-11-04T08:33:08+00:00", "publication_status": "public", "knowledge_approval": "not_assessed", "translations": [ { "id": "sisco:1:456", "language": "ar", "url": "https://sisco.uxpan.net/ar/investor-relations/reports/annual-report-2025/", "markdown_url": "https://sisco.uxpan.net/ar/md/reports/annual-report-2025.md", "raw_url": "https://sisco.uxpan.net/ar/md/raw/reports/annual-report-2025.json" } ], "attachments": [ { "url": "https://sisco.uxpan.net/uploads/reports/en/sisco-annual-report-2025-en.pdf", "label": "Download(pdf)", "format": "pdf" } ], "source_revision": "8a2f5cf5ec79ce14071111b2247f5704199faa345470b15f1b7022a902476813", "representation": "rendered_public_components", "components": [ { "type": "entry", "markdown": "# Annual Report - Year 2025\n\n[Original page](\u003Chttps://sisco.uxpan.net/en/investor-relations/reports/annual-report-2025/\u003E)", "blocks": [ { "type": "heading", "level": 1, "text": "Annual Report - Year 2025" }, { "type": "p", "markdown": "[Original page](\u003Chttps://sisco.uxpan.net/en/investor-relations/reports/annual-report-2025/\u003E)" } ] }, { "type": "image_title_banner", "markdown": "![Container terminal photograph from SISCO Holding Annual Report 2025, pages 30–31.](\u003Chttps://sisco.uxpan.net/themes/user/site/sisco-v2/assets/media/page-video/sisco-2025-port-report.jpg\u003E)\n\n# Integrating essential infrastructure in Saudi Arabia\n\nAnnual Report 2025 — record performance, disciplined investment and progress across the port-to-door logistics value chain.", "blocks": [ { "type": "heading", "level": 1, "text": "Integrating essential infrastructure in Saudi Arabia" }, { "type": "p", "markdown": "Annual Report 2025 — record performance, disciplined investment and progress across the port-to-door logistics value chain." } ] }, { "type": "animated_text_mask", "markdown": "## Connected infrastructure. Greater possibilities.\n\nIn 2025, SISCO strengthened the connections between ports, warehousing, cold-chain logistics and water solutions — bringing its port-to-door strategy into sharper focus.\n\nPORT TO\nDOOR", "blocks": [ { "type": "heading", "level": 2, "text": "Connected infrastructure. Greater possibilities." }, { "type": "text", "text": "In 2025, SISCO strengthened the connections between ports, warehousing, cold-chain logistics and water solutions — bringing its port-to-door strategy into sharper focus." }, { "type": "text", "text": "PORT TO" }, { "type": "text", "text": "DOOR" } ] }, { "type": "highlights_metrics", "markdown": "## A record year in numbers\n\n2025 performance compared with 2024. Financial amounts are in Saudi riyals; adjusted measures follow the Annual Report, pages 34–35 and 106–109.\n\n1,429.0 million Saudi riyals\n\n### Adjusted revenue\n\n+13.9% from 1,254.5 million in 2024.\n\n808.0 million Saudi riyals\n\n### Adjusted EBITDA\n\n+9.8% from 735.8 million in 2024.\n\n100.8 million Saudi riyals\n\n### Adjusted net income\n\n+39.7% from 72.1 million in 2024.\n\n18.0%\n\n### Return on invested capital\n\n13.3% in 2024; above the 12% target.\n\n1.23 per share Saudi riyals\n\n### Adjusted earnings per share\n\n0.88 per share in the 2024 comparison on page 106.\n\n496.0 million Saudi riyals\n\n### Cash generated from operations\n\n+90.4% year on year.\n\n0.8 per share Saudi riyals\n\n### Dividend per share\n\n0.4 in 2024; five-year indicator on page 109.\n\n714.8 million Saudi riyals\n\n### Adjusted gross profit\n\n641.4 million in 2024.", "blocks": [ { "type": "heading", "level": 2, "text": "A record year in numbers" }, { "type": "p", "markdown": "2025 performance compared with 2024. Financial amounts are in Saudi riyals; adjusted measures follow the Annual Report, pages 34–35 and 106–109." }, { "type": "p", "markdown": "1,429.0 million Saudi riyals" }, { "type": "heading", "level": 3, "text": "Adjusted revenue" }, { "type": "p", "markdown": "+13.9% from 1,254.5 million in 2024." }, { "type": "p", "markdown": "808.0 million Saudi riyals" }, { "type": "heading", "level": 3, "text": "Adjusted EBITDA" }, { "type": "p", "markdown": "+9.8% from 735.8 million in 2024." }, { "type": "p", "markdown": "100.8 million Saudi riyals" }, { "type": "heading", "level": 3, "text": "Adjusted net income" }, { "type": "p", "markdown": "+39.7% from 72.1 million in 2024." }, { "type": "p", "markdown": "18.0%" }, { "type": "heading", "level": 3, "text": "Return on invested capital" }, { "type": "p", "markdown": "13.3% in 2024; above the 12% target." }, { "type": "p", "markdown": "1.23 per share Saudi riyals" }, { "type": "heading", "level": 3, "text": "Adjusted earnings per share" }, { "type": "p", "markdown": "0.88 per share in the 2024 comparison on page 106." }, { "type": "p", "markdown": "496.0 million Saudi riyals" }, { "type": "heading", "level": 3, "text": "Cash generated from operations" }, { "type": "p", "markdown": "+90.4% year on year." }, { "type": "p", "markdown": "0.8 per share Saudi riyals" }, { "type": "heading", "level": 3, "text": "Dividend per share" }, { "type": "p", "markdown": "0.4 in 2024; five-year indicator on page 109." }, { "type": "p", "markdown": "714.8 million Saudi riyals" }, { "type": "heading", "level": 3, "text": "Adjusted gross profit" }, { "type": "p", "markdown": "641.4 million in 2024." } ] }, { "type": "image_overlay_cards", "markdown": "## Investing in essential connections\n\nFrom the gateway to the warehouse and the water that sustains industry: three sectors supporting SISCO’s long-term investment approach.\n\n![Container handling at RSGT, Annual Report 2025, printed pages 40–41.](\u003Chttps://sisco.uxpan.net/themes/user/site/sisco-v2/assets/media/page-video/p22-0.jpg\u003E)\n\n### Ports — Opening new gateways\n\nFour Red Sea port concessions extend the Group’s infrastructure platform, alongside international terminal operations.\n\n![LogiPoint warehousing and transport, Annual Report 2025, printed pages 44–45.](\u003Chttps://sisco.uxpan.net/themes/user/site/sisco-v2/assets/media/page-video/p24-0.jpg\u003E)\n\n### Logistics — Connecting the journey\n\nWarehousing, transport and cold-chain capabilities bring SISCO’s port-to-door strategy closer together.\n\n![Kindasa desalination operations, Annual Report 2025, printed pages 52–53.](\u003Chttps://sisco.uxpan.net/themes/user/site/sisco-v2/assets/media/page-video/p28-1.jpg\u003E)\n\n### Water solutions — Supporting everyday essentials\n\nKindasa and Tawzea supply, treat and recycle water for industrial and commercial communities.", "blocks": [ { "type": "heading", "level": 2, "text": "Investing in essential connections" }, { "type": "p", "markdown": "From the gateway to the warehouse and the water that sustains industry: three sectors supporting SISCO’s long-term investment approach." }, { "type": "heading", "level": 3, "text": "Ports — Opening new gateways" }, { "type": "p", "markdown": "Four Red Sea port concessions extend the Group’s infrastructure platform, alongside international terminal operations." }, { "type": "heading", "level": 3, "text": "Logistics — Connecting the journey" }, { "type": "p", "markdown": "Warehousing, transport and cold-chain capabilities bring SISCO’s port-to-door strategy closer together." }, { "type": "heading", "level": 3, "text": "Water solutions — Supporting everyday essentials" }, { "type": "p", "markdown": "Kindasa and Tawzea supply, treat and recycle water for industrial and commercial communities." } ] }, { "type": "image_mosaic_cards", "markdown": "## The businesses behind the progress\n\n![RSGT container operations, Annual Report 2025, pages 40–41.](\u003Chttps://sisco.uxpan.net/themes/user/site/sisco-v2/assets/media/page-video/sisco-2025-rsgt.jpg\u003E)\n\n### RSGT · Ports\n\nSAR 175.2 million net profit, up 37.7%. More than 30 million TEUs handled since inception. Patenga continued its ramp-up in Bangladesh, while an MoU explored terminal development in Djibouti.\n\n![LogiPoint logistics facilities, Annual Report 2025, pages 44–45.](\u003Chttps://sisco.uxpan.net/themes/user/site/sisco-v2/assets/media/page-video/sisco-2025-logipoint.jpg\u003E)\n\n### LogiPoint · Logistics\n\nSAR 125.4 million revenue, up 5.3%. Net profit rose 38.3% to approximately SAR 41.3 million. Around 90% warehouse occupancy and LME accreditation support the next stage of growth.\n\n![Kindasa water desalination facility, Annual Report 2025, pages 52–53.](\u003Chttps://sisco.uxpan.net/themes/user/site/sisco-v2/assets/media/page-video/sisco-2025-kindasa.jpg\u003E)\n\n### Kindasa · Water solutions\n\nSAR 28.8 million net income, up 23.6%. Desalination, distribution and water management support industrial and commercial demand.\n\n![S.A. TALKE transport fleet, Annual Report 2025, pages 48–49.](\u003Chttps://sisco.uxpan.net/themes/user/site/sisco-v2/assets/media/page-video/sisco-2025-talke.jpg\u003E)\n\n### S.A. TALKE · Logistics\n\nSAR 377.1 million revenue, up 15.2%. Net income increased 19.6% to approximately SAR 76.3 million.\n\n![Tawzea water infrastructure, Annual Report 2025, pages 54–55.](\u003Chttps://sisco.uxpan.net/themes/user/site/sisco-v2/assets/media/page-video/sisco-2025-tawzea.jpg\u003E)\n\n### Tawzea · Water solutions\n\nApproximately SAR 581.2 million revenue. Major contracts included operations and maintenance in Al Madinah and industrial water supply in Waad Al Shamal.", "blocks": [ { "type": "heading", "level": 2, "text": "The businesses behind the progress" }, { "type": "heading", "level": 3, "text": "RSGT · Ports" }, { "type": "text", "text": "SAR 175.2 million net profit, up 37.7%. More than 30 million TEUs handled since inception. Patenga continued its ramp-up in Bangladesh, while an MoU explored terminal development in Djibouti." }, { "type": "heading", "level": 3, "text": "LogiPoint · Logistics" }, { "type": "text", "text": "SAR 125.4 million revenue, up 5.3%. Net profit rose 38.3% to approximately SAR 41.3 million. Around 90% warehouse occupancy and LME accreditation support the next stage of growth." }, { "type": "heading", "level": 3, "text": "Kindasa · Water solutions" }, { "type": "text", "text": "SAR 28.8 million net income, up 23.6%. Desalination, distribution and water management support industrial and commercial demand." }, { "type": "heading", "level": 3, "text": "S.A. TALKE · Logistics" }, { "type": "text", "text": "SAR 377.1 million revenue, up 15.2%. Net income increased 19.6% to approximately SAR 76.3 million." }, { "type": "heading", "level": 3, "text": "Tawzea · Water solutions" }, { "type": "text", "text": "Approximately SAR 581.2 million revenue. Major contracts included operations and maintenance in Al Madinah and industrial water supply in Waad Al Shamal." } ] }, { "type": "image_steps_action", "markdown": "## Three moves shaping the next chapter\n\n![Container vessel at sea — SISCO Annual Report 2025](\u003Chttps://sisco.uxpan.net/themes/user/site/sisco-v2/assets/images/heroes/p16-0.jpg\u003E)\n\n### 1. July 2025 · Four Red Sea port facilities\n\nRSGT began 20-year BOT concessions with Mawani on 1 July 2025, covering Jeddah, King Fahd Industrial Port Yanbu, Yanbu Commercial Port and Jazan. Investment commitment: SAR 1.569 billion over the concession term. Source: Annual Report 2025, pages 20–21, 30–31 and 34–35.\n\n### 2. September 2025 · The PSS agreement\n\nSISCO signed the agreement for a 51% stake in PSS in September 2025; completion followed in January 2026. Consideration of up to SAR 132.6 million comprises SAR 91.8 million initially and a SAR 40.8 million performance earnout. Source: Annual Report 2025, pages 20–21, 30–31 and 34–35.\n\n### 3. October 2025 · Transcorp joins GDI\n\nGDI, 31.67% owned by SISCO, acquired 100% of Transcorp International in October 2025. Acquisition cost: SAR 229.8 million (AED 225 million), extending cold-chain and last-mile capabilities across Saudi Arabia, the UAE and Qatar. Source: Annual Report 2025, pages 20–21, 30–31 and 34–35.", "blocks": [ { "type": "heading", "level": 2, "text": "Three moves shaping the next chapter" }, { "type": "heading", "level": 3, "text": "1. July 2025 · Four Red Sea port facilities" }, { "type": "text", "text": "RSGT began 20-year BOT concessions with Mawani on 1 July 2025, covering Jeddah, King Fahd Industrial Port Yanbu, Yanbu Commercial Port and Jazan. Investment commitment: SAR 1.569 billion over the concession term. Source: Annual Report 2025, pages 20–21, 30–31 and 34–35." }, { "type": "heading", "level": 3, "text": "2. September 2025 · The PSS agreement" }, { "type": "text", "text": "SISCO signed the agreement for a 51% stake in PSS in September 2025; completion followed in January 2026. Consideration of up to SAR 132.6 million comprises SAR 91.8 million initially and a SAR 40.8 million performance earnout. Source: Annual Report 2025, pages 20–21, 30–31 and 34–35." }, { "type": "heading", "level": 3, "text": "3. October 2025 · Transcorp joins GDI" }, { "type": "text", "text": "GDI, 31.67% owned by SISCO, acquired 100% of Transcorp International in October 2025. Acquisition cost: SAR 229.8 million (AED 225 million), extending cold-chain and last-mile capabilities across Saudi Arabia, the UAE and Qatar. Source: Annual Report 2025, pages 20–21, 30–31 and 34–35." } ] }, { "type": "chart", "markdown": "## Where revenue came from\n\nPorts, logistics and water solutions. These are consolidated segment amounts for 2025. The portfolio-company results presented above have different reporting scopes and should not be added together.\n\nView data (SAR million)\n\n\u003Ctable\u003E\n\u003Ccaption\u003EWhere revenue came from — 2025 segment revenue SAR 1,429 million\u003C/caption\u003E\n\u003Cthead\u003E\u003Ctr\u003E\u003Cth scope=\"col\"\u003ECategory\u003C/th\u003E\u003Cth scope=\"col\"\u003EValue (SAR million)\u003C/th\u003E\u003C/tr\u003E\u003C/thead\u003E\u003Ctbody\u003E\n\u003Ctr\u003E\u003Cth scope=\"row\"\u003EPorts\u003C/th\u003E\u003Ctd\u003E\u003Cbdi\u003E1211\u003C/bdi\u003E\u003C/td\u003E\u003C/tr\u003E\u003Ctr\u003E\u003Cth scope=\"row\"\u003ELogistics\u003C/th\u003E\u003Ctd\u003E\u003Cbdi\u003E124\u003C/bdi\u003E\u003C/td\u003E\u003C/tr\u003E\u003Ctr\u003E\u003Cth scope=\"row\"\u003EWater solutions\u003C/th\u003E\u003Ctd\u003E\u003Cbdi\u003E94\u003C/bdi\u003E\u003C/td\u003E\u003C/tr\u003E\n\u003C/tbody\u003E\u003C/table\u003E\n\nSource: Annual Report 2025, page 108", "blocks": [ { "type": "heading", "level": 2, "text": "Where revenue came from" }, { "type": "p", "markdown": "Ports, logistics and water solutions. These are consolidated segment amounts for 2025. The portfolio-company results presented above have different reporting scopes and should not be added together." }, { "type": "summary", "markdown": "View data (SAR million)" }, { "type": "table", "rows": [ [ { "text": "Category", "header": true, "rowspan": 1, "colspan": 1 }, { "text": "Value (SAR million)", "header": true, "rowspan": 1, "colspan": 1 } ], [ { "text": "Ports", "header": true, "rowspan": 1, "colspan": 1 }, { "text": "1211", "header": false, "rowspan": 1, "colspan": 1 } ], [ { "text": "Logistics", "header": true, "rowspan": 1, "colspan": 1 }, { "text": "124", "header": false, "rowspan": 1, "colspan": 1 } ], [ { "text": "Water solutions", "header": true, "rowspan": 1, "colspan": 1 }, { "text": "94", "header": false, "rowspan": 1, "colspan": 1 } ] ] }, { "type": "p", "markdown": "Source: Annual Report 2025, page 108" } ] }, { "type": "highlights_metrics", "markdown": "## The 6x26 ambition\n\nTargets for the end of 2026, not reported 2025 results. The strategy combines organic growth, operating efficiency and disciplined acquisitions across the port-to-door value chain.\n\n6 billion Saudi riyals\n\n### Assets under management\n\n2 billion Saudi riyals\n\n### Annual revenue\n\n>40%\n\n### EBITDA margin", "blocks": [ { "type": "heading", "level": 2, "text": "The 6x26 ambition" }, { "type": "p", "markdown": "Targets for the end of 2026, not reported 2025 results. The strategy combines organic growth, operating efficiency and disciplined acquisitions across the port-to-door value chain." }, { "type": "p", "markdown": "6 billion Saudi riyals" }, { "type": "heading", "level": 3, "text": "Assets under management" }, { "type": "p", "markdown": "2 billion Saudi riyals" }, { "type": "heading", "level": 3, "text": "Annual revenue" }, { "type": "p", "markdown": ">40%" }, { "type": "heading", "level": 3, "text": "EBITDA margin" } ] }, { "type": "chart", "markdown": "## Five years of financial performance\n\nAdjusted revenue reached SAR 1,429 million in 2025, compared with SAR 921.2 million in 2021. Over the same period, adjusted EBITDA moved from SAR 498 million to SAR 808 million.\n\nChoose a measure to explore the five-year progression. All values are adjusted measures in SAR million, with a zero baseline.\n\nView data (SAR million)\n\n\u003Ctable\u003E\n\u003Ccaption\u003EFive years of financial performance — \u003C/caption\u003E\n\u003Cthead\u003E\u003Ctr\u003E\u003Cth scope=\"col\"\u003ECategory\u003C/th\u003E\u003Cth scope=\"col\"\u003EValue (SAR million)\u003C/th\u003E\u003C/tr\u003E\u003C/thead\u003E\u003Ctbody\u003E\n\u003Ctr\u003E\u003Cth scope=\"row\"\u003EAdjusted revenue — 2021\u003C/th\u003E\u003Ctd\u003E\u003Cbdi\u003E921.2\u003C/bdi\u003E\u003C/td\u003E\u003C/tr\u003E\u003Ctr\u003E\u003Cth scope=\"row\"\u003EAdjusted revenue — 2022\u003C/th\u003E\u003Ctd\u003E\u003Cbdi\u003E854.8\u003C/bdi\u003E\u003C/td\u003E\u003C/tr\u003E\u003Ctr\u003E\u003Cth scope=\"row\"\u003EAdjusted revenue — 2023\u003C/th\u003E\u003Ctd\u003E\u003Cbdi\u003E1052.4\u003C/bdi\u003E\u003C/td\u003E\u003C/tr\u003E\u003Ctr\u003E\u003Cth scope=\"row\"\u003EAdjusted revenue — 2024\u003C/th\u003E\u003Ctd\u003E\u003Cbdi\u003E1254.5\u003C/bdi\u003E\u003C/td\u003E\u003C/tr\u003E\u003Ctr\u003E\u003Cth scope=\"row\"\u003EAdjusted revenue — 2025\u003C/th\u003E\u003Ctd\u003E\u003Cbdi\u003E1429\u003C/bdi\u003E\u003C/td\u003E\u003C/tr\u003E\u003Ctr\u003E\u003Cth scope=\"row\"\u003EAdjusted EBITDA — 2021\u003C/th\u003E\u003Ctd\u003E\u003Cbdi\u003E498\u003C/bdi\u003E\u003C/td\u003E\u003C/tr\u003E\u003Ctr\u003E\u003Cth scope=\"row\"\u003EAdjusted EBITDA — 2022\u003C/th\u003E\u003Ctd\u003E\u003Cbdi\u003E458.1\u003C/bdi\u003E\u003C/td\u003E\u003C/tr\u003E\u003Ctr\u003E\u003Cth scope=\"row\"\u003EAdjusted EBITDA — 2023\u003C/th\u003E\u003Ctd\u003E\u003Cbdi\u003E636.6\u003C/bdi\u003E\u003C/td\u003E\u003C/tr\u003E\u003Ctr\u003E\u003Cth scope=\"row\"\u003EAdjusted EBITDA — 2024\u003C/th\u003E\u003Ctd\u003E\u003Cbdi\u003E735.8\u003C/bdi\u003E\u003C/td\u003E\u003C/tr\u003E\u003Ctr\u003E\u003Cth scope=\"row\"\u003EAdjusted EBITDA — 2025\u003C/th\u003E\u003Ctd\u003E\u003Cbdi\u003E808\u003C/bdi\u003E\u003C/td\u003E\u003C/tr\u003E\u003Ctr\u003E\u003Cth scope=\"row\"\u003EAdjusted gross profit — 2021\u003C/th\u003E\u003Ctd\u003E\u003Cbdi\u003E446.5\u003C/bdi\u003E\u003C/td\u003E\u003C/tr\u003E\u003Ctr\u003E\u003Cth scope=\"row\"\u003EAdjusted gross profit — 2022\u003C/th\u003E\u003Ctd\u003E\u003Cbdi\u003E416.2\u003C/bdi\u003E\u003C/td\u003E\u003C/tr\u003E\u003Ctr\u003E\u003Cth scope=\"row\"\u003EAdjusted gross profit — 2023\u003C/th\u003E\u003Ctd\u003E\u003Cbdi\u003E564.1\u003C/bdi\u003E\u003C/td\u003E\u003C/tr\u003E\u003Ctr\u003E\u003Cth scope=\"row\"\u003EAdjusted gross profit — 2024\u003C/th\u003E\u003Ctd\u003E\u003Cbdi\u003E641.4\u003C/bdi\u003E\u003C/td\u003E\u003C/tr\u003E\u003Ctr\u003E\u003Cth scope=\"row\"\u003EAdjusted gross profit — 2025\u003C/th\u003E\u003Ctd\u003E\u003Cbdi\u003E714.8\u003C/bdi\u003E\u003C/td\u003E\u003C/tr\u003E\u003Ctr\u003E\u003Cth scope=\"row\"\u003EAdjusted net income — 2021\u003C/th\u003E\u003Ctd\u003E\u003Cbdi\u003E65\u003C/bdi\u003E\u003C/td\u003E\u003C/tr\u003E\u003Ctr\u003E\u003Cth scope=\"row\"\u003EAdjusted net income — 2022\u003C/th\u003E\u003Ctd\u003E\u003Cbdi\u003E41.5\u003C/bdi\u003E\u003C/td\u003E\u003C/tr\u003E\u003Ctr\u003E\u003Cth scope=\"row\"\u003EAdjusted net income — 2023\u003C/th\u003E\u003Ctd\u003E\u003Cbdi\u003E88.3\u003C/bdi\u003E\u003C/td\u003E\u003C/tr\u003E\u003Ctr\u003E\u003Cth scope=\"row\"\u003EAdjusted net income — 2024\u003C/th\u003E\u003Ctd\u003E\u003Cbdi\u003E72.1\u003C/bdi\u003E\u003C/td\u003E\u003C/tr\u003E\u003Ctr\u003E\u003Cth scope=\"row\"\u003EAdjusted net income — 2025\u003C/th\u003E\u003Ctd\u003E\u003Cbdi\u003E100.8\u003C/bdi\u003E\u003C/td\u003E\u003C/tr\u003E\n\u003C/tbody\u003E\u003C/table\u003E\n\nSource: Annual Report 2025, page 107", "blocks": [ { "type": "heading", "level": 2, "text": "Five years of financial performance" }, { "type": "p", "markdown": "Adjusted revenue reached SAR 1,429 million in 2025, compared with SAR 921.2 million in 2021. Over the same period, adjusted EBITDA moved from SAR 498 million to SAR 808 million.\n\nChoose a measure to explore the five-year progression. All values are adjusted measures in SAR million, with a zero baseline." }, { "type": "summary", "markdown": "View data (SAR million)" }, { "type": "table", "rows": [ [ { "text": "Category", "header": true, "rowspan": 1, "colspan": 1 }, { "text": "Value (SAR million)", "header": true, "rowspan": 1, "colspan": 1 } ], [ { "text": "Adjusted revenue — 2021", "header": true, "rowspan": 1, "colspan": 1 }, { "text": "921.2", "header": false, "rowspan": 1, "colspan": 1 } ], [ { "text": "Adjusted revenue — 2022", "header": true, "rowspan": 1, "colspan": 1 }, { "text": "854.8", "header": false, "rowspan": 1, "colspan": 1 } ], [ { "text": "Adjusted revenue — 2023", "header": true, "rowspan": 1, "colspan": 1 }, { "text": "1052.4", "header": false, "rowspan": 1, "colspan": 1 } ], [ { "text": "Adjusted revenue — 2024", "header": true, "rowspan": 1, "colspan": 1 }, { "text": "1254.5", "header": false, "rowspan": 1, "colspan": 1 } ], [ { "text": "Adjusted revenue — 2025", "header": true, "rowspan": 1, "colspan": 1 }, { "text": "1429", "header": false, "rowspan": 1, "colspan": 1 } ], [ { "text": "Adjusted EBITDA — 2021", "header": true, "rowspan": 1, "colspan": 1 }, { "text": "498", "header": false, "rowspan": 1, "colspan": 1 } ], [ { "text": "Adjusted EBITDA — 2022", "header": true, "rowspan": 1, "colspan": 1 }, { "text": "458.1", "header": false, "rowspan": 1, "colspan": 1 } ], [ { "text": "Adjusted EBITDA — 2023", "header": true, "rowspan": 1, "colspan": 1 }, { "text": "636.6", "header": false, "rowspan": 1, "colspan": 1 } ], [ { "text": "Adjusted EBITDA — 2024", "header": true, "rowspan": 1, "colspan": 1 }, { "text": "735.8", "header": false, "rowspan": 1, "colspan": 1 } ], [ { "text": "Adjusted EBITDA — 2025", "header": true, "rowspan": 1, "colspan": 1 }, { "text": "808", "header": false, "rowspan": 1, "colspan": 1 } ], [ { "text": "Adjusted gross profit — 2021", "header": true, "rowspan": 1, "colspan": 1 }, { "text": "446.5", "header": false, "rowspan": 1, "colspan": 1 } ], [ { "text": "Adjusted gross profit — 2022", "header": true, "rowspan": 1, "colspan": 1 }, { "text": "416.2", "header": false, "rowspan": 1, "colspan": 1 } ], [ { "text": "Adjusted gross profit — 2023", "header": true, "rowspan": 1, "colspan": 1 }, { "text": "564.1", "header": false, "rowspan": 1, "colspan": 1 } ], [ { "text": "Adjusted gross profit — 2024", "header": true, "rowspan": 1, "colspan": 1 }, { "text": "641.4", "header": false, "rowspan": 1, "colspan": 1 } ], [ { "text": "Adjusted gross profit — 2025", "header": true, "rowspan": 1, "colspan": 1 }, { "text": "714.8", "header": false, "rowspan": 1, "colspan": 1 } ], [ { "text": "Adjusted net income — 2021", "header": true, "rowspan": 1, "colspan": 1 }, { "text": "65", "header": false, "rowspan": 1, "colspan": 1 } ], [ { "text": "Adjusted net income — 2022", "header": true, "rowspan": 1, "colspan": 1 }, { "text": "41.5", "header": false, "rowspan": 1, "colspan": 1 } ], [ { "text": "Adjusted net income — 2023", "header": true, "rowspan": 1, "colspan": 1 }, { "text": "88.3", "header": false, "rowspan": 1, "colspan": 1 } ], [ { "text": "Adjusted net income — 2024", "header": true, "rowspan": 1, "colspan": 1 }, { "text": "72.1", "header": false, "rowspan": 1, "colspan": 1 } ], [ { "text": "Adjusted net income — 2025", "header": true, "rowspan": 1, "colspan": 1 }, { "text": "100.8", "header": false, "rowspan": 1, "colspan": 1 } ] ] }, { "type": "p", "markdown": "Source: Annual Report 2025, page 107" } ] }, { "type": "featured_perspectives_v2", "markdown": "## Building for the next stage\n\n![S.A. TALKE team at work — Annual Report 2025](\u003Chttps://sisco.uxpan.net/themes/user/site/sisco-v2/assets/media/page-video/p34-1.jpg\u003E)\n![S.A. TALKE team at work — Annual Report 2025](\u003Chttps://sisco.uxpan.net/themes/user/site/sisco-v2/assets/media/page-video/p34-1.jpg\u003E)\n\nSISCO enters 2026 focused on integrating recent acquisitions and responding to demand for essential infrastructure and logistics. These are the outlook and commitments presented in the 2025 Annual Report. SISCO received Gold Category recognition at Saudi Arabia’s Corporate Social Responsibility Awards and was certified as a Best Place to Work. The Group continues to work towards net-zero emissions by 2060.\n\nResponsible growth\n\nSISCO Holding Annual Report 2025 — summary\n\nThe 2026 focus includes integrating PSS and Transcorp, ramping up new multi-purpose terminals and improving operational efficiency across the portfolio.\n\nIntegration and operating momentum\n\nSISCO Holding Annual Report 2025 — summary\n\nThe full Annual Report provides management commentary, governance disclosures, sustainability detail and the annual financial statements. Continue below to preview or download the original English edition.\n\nExplore the full report\n\nSISCO Holding Annual Report 2025 — summary", "blocks": [ { "type": "heading", "level": 2, "text": "Building for the next stage" }, { "type": "p", "markdown": "SISCO enters 2026 focused on integrating recent acquisitions and responding to demand for essential infrastructure and logistics. These are the outlook and commitments presented in the 2025 Annual Report. SISCO received Gold Category recognition at Saudi Arabia’s Corporate Social Responsibility Awards and was certified as a Best Place to Work. The Group continues to work towards net-zero emissions by 2060." }, { "type": "text", "text": "Responsible growth" }, { "type": "text", "text": "SISCO Holding Annual Report 2025 — summary" }, { "type": "p", "markdown": "The 2026 focus includes integrating PSS and Transcorp, ramping up new multi-purpose terminals and improving operational efficiency across the portfolio." }, { "type": "text", "text": "Integration and operating momentum" }, { "type": "text", "text": "SISCO Holding Annual Report 2025 — summary" }, { "type": "p", "markdown": "The full Annual Report provides management commentary, governance disclosures, sustainability detail and the annual financial statements. Continue below to preview or download the original English edition." }, { "type": "text", "text": "Explore the full report" }, { "type": "text", "text": "SISCO Holding Annual Report 2025 — summary" } ] }, { "type": "report", "markdown": "[All reports](\u003Chttps://sisco.uxpan.net/en/investor-relations/reports-and-presentations/\u003E)\n\n![Cover of Annual Report - Year 2025](\u003Chttps://sisco.uxpan.net/uploads/titles/1.jpg\u003E)\n\nAnnual Reports\n2025\n\n# Annual Report - Year 2025\n\nFour multipurpose port concessions, GDI’s Transcorp acquisition and SISCO’s 51% investment in PSS expanded the portfolio in 2025. The report examines these milestones, Bangladesh operations and the 6x26 strategy, alongside approximately 14% revenue growth, sustainability and the annual financial statements.\n\n## English\n\n[Preview](\u003Chttps://sisco.uxpan.net/uploads/reports/en/sisco-annual-report-2025-en.pdf\u003E)\n[Download(pdf)](\u003Chttps://sisco.uxpan.net/uploads/reports/en/sisco-annual-report-2025-en.pdf\u003E)", "blocks": [ { "type": "text", "text": "All reports" }, { "type": "text", "text": "Annual Reports" }, { "type": "text", "text": "2025" }, { "type": "heading", "level": 1, "text": "Annual Report - Year 2025" }, { "type": "text", "text": "Four multipurpose port concessions, GDI’s Transcorp acquisition and SISCO’s 51% investment in PSS expanded the portfolio in 2025. The report examines these milestones, Bangladesh operations and the 6x26 strategy, alongside approximately 14% revenue growth, sustainability and the annual financial statements." }, { "type": "heading", "level": 2, "text": "English" }, { "type": "text", "text": "Preview" }, { "type": "text", "text": "Download" }, { "type": "text", "text": "(pdf)" } ] } ], "content_sha256": "ec4ed5983529cb35533415143662bf6b40b6872d88b13fe053000a91510ddbcc", "markdown": "# Annual Report - Year 2025\n\n[Original page](\u003Chttps://sisco.uxpan.net/en/investor-relations/reports/annual-report-2025/\u003E)\n\n![Container terminal photograph from SISCO Holding Annual Report 2025, pages 30–31.](\u003Chttps://sisco.uxpan.net/themes/user/site/sisco-v2/assets/media/page-video/sisco-2025-port-report.jpg\u003E)\n\n# Integrating essential infrastructure in Saudi Arabia\n\nAnnual Report 2025 — record performance, disciplined investment and progress across the port-to-door logistics value chain.\n\n## Connected infrastructure. Greater possibilities.\n\nIn 2025, SISCO strengthened the connections between ports, warehousing, cold-chain logistics and water solutions — bringing its port-to-door strategy into sharper focus.\n\nPORT TO\nDOOR\n\n## A record year in numbers\n\n2025 performance compared with 2024. Financial amounts are in Saudi riyals; adjusted measures follow the Annual Report, pages 34–35 and 106–109.\n\n1,429.0 million Saudi riyals\n\n### Adjusted revenue\n\n+13.9% from 1,254.5 million in 2024.\n\n808.0 million Saudi riyals\n\n### Adjusted EBITDA\n\n+9.8% from 735.8 million in 2024.\n\n100.8 million Saudi riyals\n\n### Adjusted net income\n\n+39.7% from 72.1 million in 2024.\n\n18.0%\n\n### Return on invested capital\n\n13.3% in 2024; above the 12% target.\n\n1.23 per share Saudi riyals\n\n### Adjusted earnings per share\n\n0.88 per share in the 2024 comparison on page 106.\n\n496.0 million Saudi riyals\n\n### Cash generated from operations\n\n+90.4% year on year.\n\n0.8 per share Saudi riyals\n\n### Dividend per share\n\n0.4 in 2024; five-year indicator on page 109.\n\n714.8 million Saudi riyals\n\n### Adjusted gross profit\n\n641.4 million in 2024.\n\n## Investing in essential connections\n\nFrom the gateway to the warehouse and the water that sustains industry: three sectors supporting SISCO’s long-term investment approach.\n\n![Container handling at RSGT, Annual Report 2025, printed pages 40–41.](\u003Chttps://sisco.uxpan.net/themes/user/site/sisco-v2/assets/media/page-video/p22-0.jpg\u003E)\n\n### Ports — Opening new gateways\n\nFour Red Sea port concessions extend the Group’s infrastructure platform, alongside international terminal operations.\n\n![LogiPoint warehousing and transport, Annual Report 2025, printed pages 44–45.](\u003Chttps://sisco.uxpan.net/themes/user/site/sisco-v2/assets/media/page-video/p24-0.jpg\u003E)\n\n### Logistics — Connecting the journey\n\nWarehousing, transport and cold-chain capabilities bring SISCO’s port-to-door strategy closer together.\n\n![Kindasa desalination operations, Annual Report 2025, printed pages 52–53.](\u003Chttps://sisco.uxpan.net/themes/user/site/sisco-v2/assets/media/page-video/p28-1.jpg\u003E)\n\n### Water solutions — Supporting everyday essentials\n\nKindasa and Tawzea supply, treat and recycle water for industrial and commercial communities.\n\n## The businesses behind the progress\n\n![RSGT container operations, Annual Report 2025, pages 40–41.](\u003Chttps://sisco.uxpan.net/themes/user/site/sisco-v2/assets/media/page-video/sisco-2025-rsgt.jpg\u003E)\n\n### RSGT · Ports\n\nSAR 175.2 million net profit, up 37.7%. More than 30 million TEUs handled since inception. Patenga continued its ramp-up in Bangladesh, while an MoU explored terminal development in Djibouti.\n\n![LogiPoint logistics facilities, Annual Report 2025, pages 44–45.](\u003Chttps://sisco.uxpan.net/themes/user/site/sisco-v2/assets/media/page-video/sisco-2025-logipoint.jpg\u003E)\n\n### LogiPoint · Logistics\n\nSAR 125.4 million revenue, up 5.3%. Net profit rose 38.3% to approximately SAR 41.3 million. Around 90% warehouse occupancy and LME accreditation support the next stage of growth.\n\n![Kindasa water desalination facility, Annual Report 2025, pages 52–53.](\u003Chttps://sisco.uxpan.net/themes/user/site/sisco-v2/assets/media/page-video/sisco-2025-kindasa.jpg\u003E)\n\n### Kindasa · Water solutions\n\nSAR 28.8 million net income, up 23.6%. Desalination, distribution and water management support industrial and commercial demand.\n\n![S.A. TALKE transport fleet, Annual Report 2025, pages 48–49.](\u003Chttps://sisco.uxpan.net/themes/user/site/sisco-v2/assets/media/page-video/sisco-2025-talke.jpg\u003E)\n\n### S.A. TALKE · Logistics\n\nSAR 377.1 million revenue, up 15.2%. Net income increased 19.6% to approximately SAR 76.3 million.\n\n![Tawzea water infrastructure, Annual Report 2025, pages 54–55.](\u003Chttps://sisco.uxpan.net/themes/user/site/sisco-v2/assets/media/page-video/sisco-2025-tawzea.jpg\u003E)\n\n### Tawzea · Water solutions\n\nApproximately SAR 581.2 million revenue. Major contracts included operations and maintenance in Al Madinah and industrial water supply in Waad Al Shamal.\n\n## Three moves shaping the next chapter\n\n![Container vessel at sea — SISCO Annual Report 2025](\u003Chttps://sisco.uxpan.net/themes/user/site/sisco-v2/assets/images/heroes/p16-0.jpg\u003E)\n\n### 1. July 2025 · Four Red Sea port facilities\n\nRSGT began 20-year BOT concessions with Mawani on 1 July 2025, covering Jeddah, King Fahd Industrial Port Yanbu, Yanbu Commercial Port and Jazan. Investment commitment: SAR 1.569 billion over the concession term. Source: Annual Report 2025, pages 20–21, 30–31 and 34–35.\n\n### 2. September 2025 · The PSS agreement\n\nSISCO signed the agreement for a 51% stake in PSS in September 2025; completion followed in January 2026. Consideration of up to SAR 132.6 million comprises SAR 91.8 million initially and a SAR 40.8 million performance earnout. Source: Annual Report 2025, pages 20–21, 30–31 and 34–35.\n\n### 3. October 2025 · Transcorp joins GDI\n\nGDI, 31.67% owned by SISCO, acquired 100% of Transcorp International in October 2025. Acquisition cost: SAR 229.8 million (AED 225 million), extending cold-chain and last-mile capabilities across Saudi Arabia, the UAE and Qatar. Source: Annual Report 2025, pages 20–21, 30–31 and 34–35.\n\n## Where revenue came from\n\nPorts, logistics and water solutions. These are consolidated segment amounts for 2025. The portfolio-company results presented above have different reporting scopes and should not be added together.\n\nView data (SAR million)\n\n\u003Ctable\u003E\n\u003Ccaption\u003EWhere revenue came from — 2025 segment revenue SAR 1,429 million\u003C/caption\u003E\n\u003Cthead\u003E\u003Ctr\u003E\u003Cth scope=\"col\"\u003ECategory\u003C/th\u003E\u003Cth scope=\"col\"\u003EValue (SAR million)\u003C/th\u003E\u003C/tr\u003E\u003C/thead\u003E\u003Ctbody\u003E\n\u003Ctr\u003E\u003Cth scope=\"row\"\u003EPorts\u003C/th\u003E\u003Ctd\u003E\u003Cbdi\u003E1211\u003C/bdi\u003E\u003C/td\u003E\u003C/tr\u003E\u003Ctr\u003E\u003Cth scope=\"row\"\u003ELogistics\u003C/th\u003E\u003Ctd\u003E\u003Cbdi\u003E124\u003C/bdi\u003E\u003C/td\u003E\u003C/tr\u003E\u003Ctr\u003E\u003Cth scope=\"row\"\u003EWater solutions\u003C/th\u003E\u003Ctd\u003E\u003Cbdi\u003E94\u003C/bdi\u003E\u003C/td\u003E\u003C/tr\u003E\n\u003C/tbody\u003E\u003C/table\u003E\n\nSource: Annual Report 2025, page 108\n\n## The 6x26 ambition\n\nTargets for the end of 2026, not reported 2025 results. The strategy combines organic growth, operating efficiency and disciplined acquisitions across the port-to-door value chain.\n\n6 billion Saudi riyals\n\n### Assets under management\n\n2 billion Saudi riyals\n\n### Annual revenue\n\n>40%\n\n### EBITDA margin\n\n## Five years of financial performance\n\nAdjusted revenue reached SAR 1,429 million in 2025, compared with SAR 921.2 million in 2021. Over the same period, adjusted EBITDA moved from SAR 498 million to SAR 808 million.\n\nChoose a measure to explore the five-year progression. All values are adjusted measures in SAR million, with a zero baseline.\n\nView data (SAR million)\n\n\u003Ctable\u003E\n\u003Ccaption\u003EFive years of financial performance — \u003C/caption\u003E\n\u003Cthead\u003E\u003Ctr\u003E\u003Cth scope=\"col\"\u003ECategory\u003C/th\u003E\u003Cth scope=\"col\"\u003EValue (SAR million)\u003C/th\u003E\u003C/tr\u003E\u003C/thead\u003E\u003Ctbody\u003E\n\u003Ctr\u003E\u003Cth scope=\"row\"\u003EAdjusted revenue — 2021\u003C/th\u003E\u003Ctd\u003E\u003Cbdi\u003E921.2\u003C/bdi\u003E\u003C/td\u003E\u003C/tr\u003E\u003Ctr\u003E\u003Cth scope=\"row\"\u003EAdjusted revenue — 2022\u003C/th\u003E\u003Ctd\u003E\u003Cbdi\u003E854.8\u003C/bdi\u003E\u003C/td\u003E\u003C/tr\u003E\u003Ctr\u003E\u003Cth scope=\"row\"\u003EAdjusted revenue — 2023\u003C/th\u003E\u003Ctd\u003E\u003Cbdi\u003E1052.4\u003C/bdi\u003E\u003C/td\u003E\u003C/tr\u003E\u003Ctr\u003E\u003Cth scope=\"row\"\u003EAdjusted revenue — 2024\u003C/th\u003E\u003Ctd\u003E\u003Cbdi\u003E1254.5\u003C/bdi\u003E\u003C/td\u003E\u003C/tr\u003E\u003Ctr\u003E\u003Cth scope=\"row\"\u003EAdjusted revenue — 2025\u003C/th\u003E\u003Ctd\u003E\u003Cbdi\u003E1429\u003C/bdi\u003E\u003C/td\u003E\u003C/tr\u003E\u003Ctr\u003E\u003Cth scope=\"row\"\u003EAdjusted EBITDA — 2021\u003C/th\u003E\u003Ctd\u003E\u003Cbdi\u003E498\u003C/bdi\u003E\u003C/td\u003E\u003C/tr\u003E\u003Ctr\u003E\u003Cth scope=\"row\"\u003EAdjusted EBITDA — 2022\u003C/th\u003E\u003Ctd\u003E\u003Cbdi\u003E458.1\u003C/bdi\u003E\u003C/td\u003E\u003C/tr\u003E\u003Ctr\u003E\u003Cth scope=\"row\"\u003EAdjusted EBITDA — 2023\u003C/th\u003E\u003Ctd\u003E\u003Cbdi\u003E636.6\u003C/bdi\u003E\u003C/td\u003E\u003C/tr\u003E\u003Ctr\u003E\u003Cth scope=\"row\"\u003EAdjusted EBITDA — 2024\u003C/th\u003E\u003Ctd\u003E\u003Cbdi\u003E735.8\u003C/bdi\u003E\u003C/td\u003E\u003C/tr\u003E\u003Ctr\u003E\u003Cth scope=\"row\"\u003EAdjusted EBITDA — 2025\u003C/th\u003E\u003Ctd\u003E\u003Cbdi\u003E808\u003C/bdi\u003E\u003C/td\u003E\u003C/tr\u003E\u003Ctr\u003E\u003Cth scope=\"row\"\u003EAdjusted gross profit — 2021\u003C/th\u003E\u003Ctd\u003E\u003Cbdi\u003E446.5\u003C/bdi\u003E\u003C/td\u003E\u003C/tr\u003E\u003Ctr\u003E\u003Cth scope=\"row\"\u003EAdjusted gross profit — 2022\u003C/th\u003E\u003Ctd\u003E\u003Cbdi\u003E416.2\u003C/bdi\u003E\u003C/td\u003E\u003C/tr\u003E\u003Ctr\u003E\u003Cth scope=\"row\"\u003EAdjusted gross profit — 2023\u003C/th\u003E\u003Ctd\u003E\u003Cbdi\u003E564.1\u003C/bdi\u003E\u003C/td\u003E\u003C/tr\u003E\u003Ctr\u003E\u003Cth scope=\"row\"\u003EAdjusted gross profit — 2024\u003C/th\u003E\u003Ctd\u003E\u003Cbdi\u003E641.4\u003C/bdi\u003E\u003C/td\u003E\u003C/tr\u003E\u003Ctr\u003E\u003Cth scope=\"row\"\u003EAdjusted gross profit — 2025\u003C/th\u003E\u003Ctd\u003E\u003Cbdi\u003E714.8\u003C/bdi\u003E\u003C/td\u003E\u003C/tr\u003E\u003Ctr\u003E\u003Cth scope=\"row\"\u003EAdjusted net income — 2021\u003C/th\u003E\u003Ctd\u003E\u003Cbdi\u003E65\u003C/bdi\u003E\u003C/td\u003E\u003C/tr\u003E\u003Ctr\u003E\u003Cth scope=\"row\"\u003EAdjusted net income — 2022\u003C/th\u003E\u003Ctd\u003E\u003Cbdi\u003E41.5\u003C/bdi\u003E\u003C/td\u003E\u003C/tr\u003E\u003Ctr\u003E\u003Cth scope=\"row\"\u003EAdjusted net income — 2023\u003C/th\u003E\u003Ctd\u003E\u003Cbdi\u003E88.3\u003C/bdi\u003E\u003C/td\u003E\u003C/tr\u003E\u003Ctr\u003E\u003Cth scope=\"row\"\u003EAdjusted net income — 2024\u003C/th\u003E\u003Ctd\u003E\u003Cbdi\u003E72.1\u003C/bdi\u003E\u003C/td\u003E\u003C/tr\u003E\u003Ctr\u003E\u003Cth scope=\"row\"\u003EAdjusted net income — 2025\u003C/th\u003E\u003Ctd\u003E\u003Cbdi\u003E100.8\u003C/bdi\u003E\u003C/td\u003E\u003C/tr\u003E\n\u003C/tbody\u003E\u003C/table\u003E\n\nSource: Annual Report 2025, page 107\n\n## Building for the next stage\n\n![S.A. TALKE team at work — Annual Report 2025](\u003Chttps://sisco.uxpan.net/themes/user/site/sisco-v2/assets/media/page-video/p34-1.jpg\u003E)\n![S.A. TALKE team at work — Annual Report 2025](\u003Chttps://sisco.uxpan.net/themes/user/site/sisco-v2/assets/media/page-video/p34-1.jpg\u003E)\n\nSISCO enters 2026 focused on integrating recent acquisitions and responding to demand for essential infrastructure and logistics. These are the outlook and commitments presented in the 2025 Annual Report. SISCO received Gold Category recognition at Saudi Arabia’s Corporate Social Responsibility Awards and was certified as a Best Place to Work. The Group continues to work towards net-zero emissions by 2060.\n\nResponsible growth\n\nSISCO Holding Annual Report 2025 — summary\n\nThe 2026 focus includes integrating PSS and Transcorp, ramping up new multi-purpose terminals and improving operational efficiency across the portfolio.\n\nIntegration and operating momentum\n\nSISCO Holding Annual Report 2025 — summary\n\nThe full Annual Report provides management commentary, governance disclosures, sustainability detail and the annual financial statements. Continue below to preview or download the original English edition.\n\nExplore the full report\n\nSISCO Holding Annual Report 2025 — summary\n\n[All reports](\u003Chttps://sisco.uxpan.net/en/investor-relations/reports-and-presentations/\u003E)\n\n![Cover of Annual Report - Year 2025](\u003Chttps://sisco.uxpan.net/uploads/titles/1.jpg\u003E)\n\nAnnual Reports\n2025\n\n# Annual Report - Year 2025\n\nFour multipurpose port concessions, GDI’s Transcorp acquisition and SISCO’s 51% investment in PSS expanded the portfolio in 2025. The report examines these milestones, Bangladesh operations and the 6x26 strategy, alongside approximately 14% revenue growth, sustainability and the annual financial statements.\n\n## English\n\n[Preview](\u003Chttps://sisco.uxpan.net/uploads/reports/en/sisco-annual-report-2025-en.pdf\u003E)\n[Download(pdf)](\u003Chttps://sisco.uxpan.net/uploads/reports/en/sisco-annual-report-2025-en.pdf\u003E)" }