ADES Holding Company (TADAWUL:2382)

Revenue by Segment

Financials in millions SAR. Fiscal year is January - December.

Fiscal Year	FY 2022	FY 2021	FY 2020	FY 2019	FY 2018	FY 2017	FY 2016	FY 2015
Period Ending	Dec 31, 2022	Dec 31, 2021	Dec 31, 2020	Dec 31, 2019	Dec 31, 2018	Dec 31, 2017	Dec 31, 2016	Dec 31, 2015
Onshore Drilling & Workover	865.00M	775.40M	869.40M
Onshore Drilling & Workover Growth	11.56%	-10.81%	-8.21%
Offshore Drilling & Workover	1.60B	739.00M	826.00M
Offshore Drilling & Workover Growth	116.81%	-10.53%	29.33%
Total	2.47B	1.51B	1.70B
Total Growth	62.92%	-10.68%	-5.40%

Revenue by Geography

Financials in millions SAR. Fiscal year is January - December.

Fiscal Year	FY 2024	FY 2023	FY 2022	FY 2021	FY 2020	FY 2019	FY 2018	FY 2017	FY 2016	FY 2015
Period Ending	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021	Dec 31, 2020	Dec 31, 2019	Dec 31, 2018	Dec 31, 2017	Dec 31, 2016	Dec 31, 2015
Egypt	934.27M	812.03M	637.65M	549.32M	605.76M
Egypt Growth	15.05%	27.35%	16.08%	-9.32%	-7.36%
Algeria & Tunisia	197.47M	101.94M	-	-	-
Algeria & Tunisia Growth	93.71%	-	-	-	-
Kingdom of Saudi Arabia	4.18B	2.86B	1.57B	909.13M	919.14M
Kingdom of Saudi Arabia Growth	45.98%	82.04%	72.86%	-1.09%	0.46%
Kuwait	618.28M	478.06M	319.97M	322.17M	410.20M
Kuwait Growth	29.33%	49.41%	-0.68%	-21.46%	2.85%
Qatar	397.64M	344.94M	201.12M	-	-
Qatar Growth	15.28%	71.51%	-	-	-
India	220.27M	17.98M	-	-	-
India Growth	1124.99%	-	-	-	-
Southeast Asia	181.05M	-	-	-	-
Adjustments and Eliminations	-526.19M	-283.96M	-302.89M	-299.30M	-289.14M
Algeria	-	-	25.59M	28.78M	49.46M
Algeria Growth	-	-	-11.10%	-41.81%	-67.38%
Tunisia	-	-	14.21M	4.10M	-
Tunisia Growth	-	-	246.35%	-	-
Total	6.20B	4.33B	2.47B	1.51B	1.70B
Total Growth	43.10%	75.58%	62.94%	-10.69%	-5.40%

Source: S&P Global Market Intelligence.