Acwa Power Company SJSC

Common Name

Acwa Power

Country

Saudi Arabia

Sector

Utilities

Industry

Utilities - Diversified

Employees

N/A

Ticker

2082

Exchange

SAUDI STOCK EXCHANGE

Website

acwapower.com

Description

Acwa Power Co. is a Saudi Arabian company specializing in the development, investment, ownership, and operation of power generation and desalinated water production plants worldwide. With a strong foc... Show more

Financial Statements of Acwa Power

Below are the financial statements of Acwa Power, including the income statement and balance sheet for the company's latest fiscal year. All figures are accurate, verifiable, and fully traceable to the original annual filing where disclosed.

Income Statement (as reported) Balance Sheet (as reported)

All figures in millions of SAR	2024	2023
Continuing operations	—	—
Revenue	6,297.3^a	6,095.01^a
Operating costs	-2,966.71^a	-2,599.83^a
Gross profit	3,330.59^a	3,495.18^a
Development cost, provision and write offs, net of reversals	-222.84^a	-69.58^a
General and administration expenses	-1,750.24^a	-1,236.69^a
Share in net results of equity accounted investees, net of zakat and tax	694.16^a	241.67^a
Gain from partial divestments	401.7^a	0^a
Other operating income	529.62^a	550.31^a
Operating income before impairment loss and other expenses	2,982.99^a	2,980.89^a
Impairment reversal, net	91.07^a	0^a
Other expenses, net	-62.16^a	-0.21^a
Operating income after impairment loss and other expenses	3,011.9^a	2,980.67^a
Other income	63.29^a	92.13^a
Finance income	317.27^a	231.43^a
Exchange (loss) / gain, net	-0.56^a	2.77^a
Financial charges	-1,345.11^a	-1,474.9^a
Profit before zakat and income tax	2,046.8^a	1,832.11^a
Zakat and tax charge	-58.96^a	-53.73^a
Profit for the year from continuing operations	1,987.84^a	1,778.38^a
Loss from discontinued operations	0^a	-7.05^a
Profit for the year	1,987.84^a	1,771.33^a
Profit attributable to:	—	—
Equity holders of the parent	1,757.06^a	1,661.71^a
Non-controlling interests	230.78^a	109.62^a

Verified Sources Behind Acwa Power’s Financial Fundamentals Data

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a. Acwa Power's Financial Report 2024

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Acwa Power Company SJSC

Financial Statements of Acwa Power

Verified Sources Behind Acwa Power’s Financial Fundamentals Data

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