National Shipping Company Of Saudi Arabia operates in the Deep sea foreign trans. of freight sector.
In addition to historical fundamental analyses, the complete report available to purchase compares National Shipping Company Of Saudi Arabia with three other
freight shipping companies in Middle East:
Gulf Navigation Holding PJSC
of United Arab Emirates
(2017
sales of 137.93 million Arab Emirates Dirhams [US$37.55 million]
of which 87%
was Vessel owning and Chartering),
Qatar Navigation QPSC
of Qatar
(2.49 billion Qatari Riyals [US$684.16 million]
of which 38%
was Milaha Maritime & Logistics), and
Abetrans Ltd.
which is
based in Israel
(128.78 million Israel Shekels [US$35.37 million]
).
Sales Analysis.
National Shipping Company Of Saudi Arabia reported sales of 6.23 billion Saudi Riyals (US$1.66 billion)
for the
year ending
December of 2017.
This
represents
a
decrease of 8.2%
versus 2016, when the company's sales were 6.79 billion Saudi Riyals.
Contributing to the drop in overall sales was the 20.2% decline
in Crude Oil Transportation, from 4.88 billion Saudi Riyals to 3.89 billion Saudi Riyals.
.
However, these declines were partially offset by the increase in sales of
Petrochemical Transportation (up 5.3% to 815.11 million Saudi Riyals)
and
Bulk Transportation (up 33.6% to 362.30 million Saudi Riyals)
.