--- id: "sisco:1:261" title: "Annual Report - Year 2025" language: "en" url: "https://sisco.uxpan.net/en/investor-relations/reports/annual-report-2025/" published_at: "2026-04-01T06:04:00+00:00" updated_at: "2026-11-04T08:33:08+00:00" knowledge_approval: "not_assessed" content_sha256: "ec4ed5983529cb35533415143662bf6b40b6872d88b13fe053000a91510ddbcc" --- # Annual Report - Year 2025 [Original page]() ![Container terminal photograph from SISCO Holding Annual Report 2025, pages 30–31.]() # Integrating essential infrastructure in Saudi Arabia Annual Report 2025 — record performance, disciplined investment and progress across the port-to-door logistics value chain. ## Connected infrastructure. Greater possibilities. In 2025, SISCO strengthened the connections between ports, warehousing, cold-chain logistics and water solutions — bringing its port-to-door strategy into sharper focus. PORT TO DOOR ## A record year in numbers 2025 performance compared with 2024. Financial amounts are in Saudi riyals; adjusted measures follow the Annual Report, pages 34–35 and 106–109. 1,429.0 million Saudi riyals ### Adjusted revenue +13.9% from 1,254.5 million in 2024. 808.0 million Saudi riyals ### Adjusted EBITDA +9.8% from 735.8 million in 2024. 100.8 million Saudi riyals ### Adjusted net income +39.7% from 72.1 million in 2024. 18.0% ### Return on invested capital 13.3% in 2024; above the 12% target. 1.23 per share Saudi riyals ### Adjusted earnings per share 0.88 per share in the 2024 comparison on page 106. 496.0 million Saudi riyals ### Cash generated from operations +90.4% year on year. 0.8 per share Saudi riyals ### Dividend per share 0.4 in 2024; five-year indicator on page 109. 714.8 million Saudi riyals ### Adjusted gross profit 641.4 million in 2024. ## Investing in essential connections From the gateway to the warehouse and the water that sustains industry: three sectors supporting SISCO’s long-term investment approach. ![Container handling at RSGT, Annual Report 2025, printed pages 40–41.]() ### Ports — Opening new gateways Four Red Sea port concessions extend the Group’s infrastructure platform, alongside international terminal operations. ![LogiPoint warehousing and transport, Annual Report 2025, printed pages 44–45.]() ### Logistics — Connecting the journey Warehousing, transport and cold-chain capabilities bring SISCO’s port-to-door strategy closer together. ![Kindasa desalination operations, Annual Report 2025, printed pages 52–53.]() ### Water solutions — Supporting everyday essentials Kindasa and Tawzea supply, treat and recycle water for industrial and commercial communities. ## The businesses behind the progress ![RSGT container operations, Annual Report 2025, pages 40–41.]() ### RSGT · Ports 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. ![LogiPoint logistics facilities, Annual Report 2025, pages 44–45.]() ### LogiPoint · Logistics 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. ![Kindasa water desalination facility, Annual Report 2025, pages 52–53.]() ### Kindasa · Water solutions SAR 28.8 million net income, up 23.6%. Desalination, distribution and water management support industrial and commercial demand. ![S.A. TALKE transport fleet, Annual Report 2025, pages 48–49.]() ### S.A. TALKE · Logistics SAR 377.1 million revenue, up 15.2%. Net income increased 19.6% to approximately SAR 76.3 million. ![Tawzea water infrastructure, Annual Report 2025, pages 54–55.]() ### Tawzea · Water solutions Approximately SAR 581.2 million revenue. Major contracts included operations and maintenance in Al Madinah and industrial water supply in Waad Al Shamal. ## Three moves shaping the next chapter ![Container vessel at sea — SISCO Annual Report 2025]() ### 1. July 2025 · Four Red Sea port facilities 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. ### 2. September 2025 · The PSS agreement 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. ### 3. October 2025 · Transcorp joins GDI 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. ## Where revenue came from 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. View data (SAR million)
Where revenue came from — 2025 segment revenue SAR 1,429 million
CategoryValue (SAR million)
Ports1211
Logistics124
Water solutions94
Source: Annual Report 2025, page 108 ## The 6x26 ambition 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. 6 billion Saudi riyals ### Assets under management 2 billion Saudi riyals ### Annual revenue >40% ### EBITDA margin ## Five years of financial performance 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. Choose a measure to explore the five-year progression. All values are adjusted measures in SAR million, with a zero baseline. View data (SAR million)
Five years of financial performance —
CategoryValue (SAR million)
Adjusted revenue — 2021921.2
Adjusted revenue — 2022854.8
Adjusted revenue — 20231052.4
Adjusted revenue — 20241254.5
Adjusted revenue — 20251429
Adjusted EBITDA — 2021498
Adjusted EBITDA — 2022458.1
Adjusted EBITDA — 2023636.6
Adjusted EBITDA — 2024735.8
Adjusted EBITDA — 2025808
Adjusted gross profit — 2021446.5
Adjusted gross profit — 2022416.2
Adjusted gross profit — 2023564.1
Adjusted gross profit — 2024641.4
Adjusted gross profit — 2025714.8
Adjusted net income — 202165
Adjusted net income — 202241.5
Adjusted net income — 202388.3
Adjusted net income — 202472.1
Adjusted net income — 2025100.8
Source: Annual Report 2025, page 107 ## Building for the next stage ![S.A. TALKE team at work — Annual Report 2025]() ![S.A. TALKE team at work — Annual Report 2025]() 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. Responsible growth SISCO Holding Annual Report 2025 — summary The 2026 focus includes integrating PSS and Transcorp, ramping up new multi-purpose terminals and improving operational efficiency across the portfolio. Integration and operating momentum SISCO Holding Annual Report 2025 — summary 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. Explore the full report SISCO Holding Annual Report 2025 — summary [All reports]() ![Cover of Annual Report - Year 2025]() Annual Reports 2025 # Annual Report - Year 2025 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. ## English [Preview]() [Download(pdf)]()