Earnings Report /
Saudi Arabia

Saudi Airlines Catering: Reduced losses in Q2 21

  • Revenues stood at SAR257mn, up 127% yoy (+0.3% qoq)

  • Gross profit stood at SAR54mn in Q2 21 vs SAR52mn in Q1 21 and a gross loss of SAR41mn in Q2 20

  • The accumulated losses reached SAR253mn representing 30.9% of the capital

Iyad Khalid Ghulam
Iyad Khalid Ghulam

Vice President, Senior Equity Research Analyst

SNB Capital
15 August 2021
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