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
Period Ending	Dec 31, 2022	Dec 31, 2021	Dec 31, 2020	Dec 31, 2019	Dec 31, 2018	Dec 31, 2017	Dec 31, 2016
Onshore Drilling & Workover	865.00M	775.40M
Onshore Drilling & Workover Growth	11.56%	-10.81%
Offshore Drilling & Workover	1.60B	739.00M
Offshore Drilling & Workover Growth	116.81%	-10.53%
Total	2.47B	1.51B
Total Growth	62.92%	-10.68%

Revenue by Geography

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

Fiscal Year	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021	FY 2020	FY 2019	FY 2018	FY 2017	FY 2016
Period Ending	Dec 31, 2025	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
India	276.78M	220.27M	17.98M	-	-
India Growth	25.66%	1124.99%	-	-	-
Algeria & Tunisia	253.47M	197.47M	101.94M	-	-
Algeria & Tunisia Growth	28.36%	93.71%	-	-	-
Kuwait	649.64M	618.28M	478.06M	319.97M	322.17M
Kuwait Growth	5.07%	29.33%	49.41%	-0.68%	-21.46%
Egypt	995.49M	934.27M	812.03M	637.65M	549.32M
Egypt Growth	6.55%	15.05%	27.35%	16.08%	-9.32%
Qatar	383.47M	397.64M	344.94M	201.12M	-
Qatar Growth	-3.56%	15.28%	71.51%	-	-
Norway	40.16M	-	-	-	-
Kingdom of Saudi Arabia	3.72B	4.18B	2.86B	1.57B	909.13M
Kingdom of Saudi Arabia Growth	-10.85%	45.98%	82.04%	72.86%	-1.09%
Adjustments and Eliminations	-540.14M	-526.19M	-283.96M	-302.89M	-299.30M
Other	125.02M	-	-	-	-
Southeast Asia	609.95M	181.05M	-	-	-
Southeast Asia Growth	236.91%	-	-	-	-
West/central Africa	171.89M	-	-	-	-
Algeria	-	-	-	25.59M	28.78M
Algeria Growth	-	-	-	-11.10%	-41.81%
Tunisia	-	-	-	14.21M	4.10M
Tunisia Growth	-	-	-	246.35%	-
Total	6.69B	6.20B	4.33B	2.47B	1.51B
Total Growth	7.90%	43.10%	75.58%	62.94%	-10.69%

Source: S&P Global Market Intelligence.