Table of Contents
01 Introduction
5
03 Financial Results 2023 Key Results & Indicators
25
Foreword
6 7 8
26 27
Board of Director ’ s Letter
Company Performance
Glossary of Terms
04 Governance
34
02 Overview
9
Governance
35 46 47 47 48 48
Our Journey
10
Disclaimer & Transparency Policy
Our Business Sectors
11
Risk Management
Our Projects Our Strategy
14 15 16 24
ARDCO’s Potential Risks
Dividend Policy
Highlights & Achievements Opportunities & Challenges
Internal Audit Results
2023 Facts & Figures
50 51
Conclusion
05 Financial Statements
52
Disclaimer This Annual Report covers financial and operational aspects of ARDCO and is issued in both Arabic and English The print version is identical to its PDF counterpart , which is available at riyadhdev The Arabic version prevails in the event of any discrepancy The images in this document are representative of the services provided by ARDCO
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