At a Glance
Operational highlights
#1
in Mobile, Fixed, and IT
The most preferred ICT operator in KSA
26.47
million
Mobile subscribers in KSA
5.57
million
Fixed subscribers in KSA
3
million
stc play subscribers (registered)
3.6
million
stc tv subscribers (authorized*)
73%
Market share in terms of revenue
16
cables
Submarine
25
data centers
(operational and under construction)
47.5%
5G coverage
of residential and populated areas
15.7
million users
Loyalty program (Qitaf)
One
of largest
tower operators in the region
21,000
towers
under management in 5 countries
22,751
employees
(on group level)
+90%
Saudization
(for stc KSA and its local subsidiaries)
SAR 52.1
billion
in brand value
The most valuable
telecom brand in the Middle East
42.9%
Local content score
(up by 5.3% vs. 2022 and 9.2% vs. 2021)
Financial highlights
Revenue
SAR
72.34
billion
7.27% YoY
Net profit
SAR
13.30
billion
9.24% YoY
Gross profit
SAR
37.80
billion
1.10% YoY
Comprehensive income
SAR
13.14
billion
2.33% YoY
EBITDA
SAR
24.68
billion
1.58% YoY
EPS
SAR
2.67
ESG highlights
MSCI: BB – S&P CSA DJSI: 44
stc ESG score
50%
reduction
2030 target for scope 1 and 2 (from 2019 baseline)
46.2%
reduction
2030 target for scope 3 (from 2019 baseline)
1
million trees
2030 planting target
Net zero 2050
Carbon emission target