Main contributor to the positive results in 2013 was the increase in total revenues by 11% from SAR 1,687,392,692 in 2012 to SAR 1,867,498,165 in 2013. Saudi Catering Co continued its growth momentum in the Airline sector and in addition the strategy to diversify the business contributed a significant increase of 18% in the non Airline revenues. Net income increased by 17% or SAR 82,300,687 mainly attributed to the Total revenues increase (+11% ) with a stable gross profit ratio. The significant increase in general & administrative expenses (+ 21%) was due to exceptional professional and technical fees, increase of rental cost and marketing & publishing cost.
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