Alkhorayef Water & Power Technologies · TADAWUL:2081
Alkhorayef Water & Power Technologies — Q1 2026 Earnings Presentation
42 slides from Alkhorayef Water & Power Technologies's earnings presentation, 2026
Slide 1: AWPT Earning and Business Presentation Q1 2026
AWPT Earning and Business Presentation Q1 2026
Slide 2: Disclaimer
Disclaimer This presentation has been prepared by Alkhorayef Water & Power Technologies (AWPT) and reflects the management’s current expectations or strategy concerning future events and are subject to known and unknown risks and uncertainties. Some of the statements in this presentation constitute
Slide 3: CEO Message: Performance driven
CEO Message - Alkhorayef Water and Power Technologies (AWPT): Performance driven Allow me to express our excitement to meet again and share with you AWPT’s performance and achievements in-light of the great water sector opportunities announced recently. At Alkhorayef Water and Power Technologies, we
Slide 4: CEO Message: Performance driven – Continued
CEO Message - Alkhorayef Water and Power Technologies (AWPT): Performance driven – Continued On the financial side, as of 3M 2026, the company’s gross profit increased by 9%, reaching SAR 110.71 million, with a margin of 21.6%. Net profit stood at SAR 64.48 million, reflecting an 11% growth in line
Slide 5: AWPT Key Figures
AWPT Key Figures AWPT at a glance KEY FACTS AND FIGURES AWPT is a market leader in the Kingdom's water and wastewater sector, with a long-standing history of successful operations across the country. Established Population served 1985 Over 36 million Ranked 14th global water company by GWI, a high -
Slide 6: AWPT Activities Across Full Value Chain of Water & Wastewater
AWPT Activities Across Full Value Chain of Water & Wastewater DELIVERY MODEL AWPT'S COVERAGE ACROSS MULTIPLE DIMENSIONS 1,124,792 AWPT offering and Construction Desalination Water Treatment capabilities (EPC) We offer integrated services along the entire Operation & Maintenance Water Transmission Wa
Slide 7: The Water Segment
The Water Segment Our Water segment includes water withdraw and treatment services and water networks services 1,124,792 Water withdraw and treatment encompasses: • Water Treatment Plants – Engineering, procurement, rehabilitation, construction and O&M of large capacity and centralized sea water and
Slide 8: The Wastewater Segment
The Wastewater Segment Our Wastewater segment includes wastewater treatment services and wastewater networks services Wastewater treatment encompasses: • Sewage Wastewater Treatment Plants - Engineering, procurement, execution, commissioning, upgrading and rehabilitating of advanced large-scale plan
Slide 9: The Integrated Water Solutions Segment
The Integrated Water Solutions Segment Our Integrated Water Solutions segment includes stormwater networks services, city management services and water management services Stormwater networks encompasses: • Stormwater Network - Engineering, procurement, execution, commissioning, upgrading, rehabilit
Slide 10: Strong presence across the water value chain in O&M and Project Services
Through its long operational history, AWPT has established strong presence across the water value chain in O&M and Project Services Average Revenue Sea Water Dams Ground Water Contribution Sub-segments (2018 – Q1 2026) 1 Water 1 1 Water supply and treatment 16% Desalination Treatment Upstream 2 Wate
Slide 11: Extensive local knowledge and geographical footprint expansion
Amassed extensive local knowledge and diversified experience, enabling significant geographical footprint expansion Hail 4 projects Alhudud Ashimaliyah 2 workshops 3 projects Qassim 1 workshops 14 projects Tabuk 1 workshops 2 projects Riyadh 1 workshops 14 projects Almadinah 6 workshops 7 projects E
Slide 12: Leading CEO Award for Publicly Listed Companies
2025 was marked by a notable achievement, with AWPT’s leadership recognized through the Leading CEO Award for Publicly Listed Companies given to Mr. Rami Moussilli for year 2024.
Slide 13: Official Inauguration and Recognition of Strategic Water Infrastructure Projects
Official Inauguration and Recognition of Strategic Water Infrastructure Projects ✓ The Water Quality Improvement and Infrastructure Projects were officially inaugurated by the Ministry of Environment, Water and Agriculture, in the presence of H.E. the Minister of Environment, Water and Agriculture a
Slide 14: AWPT Recognition by the Ministry at the Success Partners Forum
AWPT Recognition by the Ministry of Environment, Water and Agriculture at the Success Partners Forum ✓ The Ministry of Environment, Water and Agriculture recognized AWPT during the “Success Partners Forum” held in Riyadh. ✓ During the event, the Company was honored as a leading performer across seve
Slide 15: Executive Summary for AWPT Performance – Q1 2026
Executive Summary for AWPT Performance – PTD Q1 2026 Vs Q1-2025 & Vs Q4-2025 Sustainable and adaptive company achieving continued growth and outstanding 360-degree performance PTD Q1 2026 PTD Q1 2025 YoY % PTD Q1 2026 PTD Q4 2025 Statement of Profit or Loss Financial Performance Actual Actual Change
Slide 16: Operational Earnings Power: Adjusting for IFRIC 12 Concession Income
Operational Earnings Power: Adjusting for IFRIC 12 Concession Income IFRIC 12 finance income is not passive interest — it is the return on building and operating the Kingdom’s water infrastructure Reported EBIT (YTD 2026) IFRIC 12 Concession Finance Income Adjusted Operational EBIT SAR 74.82M SAR 12
Slide 17: Revenue Backlog Q1-2026
Revenue Backlog Q1-2026 1,124,792 Revenue backlog — The company has secured over SR 16 billion in new privatization contracts since the beginning of 2023 and an additional SR 446 million in O&M and EPC contracts in Q1- 2026, with 10,12 billion SAR to be consolidated as revenue at the company level a
Slide 18: Backlog Recognition as of Q1-2026
Backlog Recognition as of Q1-2026 10,124 2,009 mSR million Saudi Riyals 1,909 mSR 1,102 mSR 518 mSR 452 mSR 4,134 mSR Backlog Q2 - Q4 26 FY 27 FY 28 FY 29 FY 30 Beyond 2030 Revenue Recognized - The company is projecting revenue of SAR 2.5 billion in 2026. - Recently acquired PPP projects portfolio g
Slide 19: Revenue and Backlog Segmentation
Revenue and Backlog Segmentation Revenue and Backlog by Segment SAR'000 Mar-25 Mar-26 Backlog (Q1- 26) Water segment Water networks 278,446 121,183 2,489,386 Revenue and Backlog Diversification Maintaining a Versatile and Water withdraw and treatment 54,746 52,118 331,536 Comprehensive Operations 33
Slide 20: IWTP2 Project Overview: Rayis-Rabigh (Awarded)
IWTP2 Project Overview: Rayis-Rabigh (Awarded) Project Timetable Project Name Rayis-Rabigh IWTP Tariff SAR 1.25678 / m3 Ministry of Finance Project Capacity / Length 500,000m3/day / 150km 35 years from the Project Commercial Operation WTA Term Date (“PCOD”) COBRA AWPT Credit Support SPV, EPC Company
Slide 21: IWTP2 Project: Rayis-Rabigh
IWTP2 Project: Rayis-Rabigh Alkhorayef Water and Power Technologies' Consortium was honored by “Project Finance International” with the 2024 Middle East and Africa PPP Deal of the Year award for Rayis-Rabigh project.
Slide 22: IWTP2 Project: Rayis-Rabigh
IWTP2 Project: Rayis-Rabigh Alkhorayef Water and Power Technologies' Consortium was further honored by “IJ Global Awards 2024” with Water Deal of The Year for Rayis-Rabigh project.
Slide 23: Long Term O&M Contracts Package #5 – Manfouha (Awarded)
Long Term O&M Contracts for Sewage Treatment Plant Package #5 – Manfouha (Awarded) Project Overview The project consists of three existing sewage treatment plants in the Riyadh area namely the Manfouha North, Manfouha East, Manfouha 4 with total treatment capacity of 700,000 m3/day, the three STPs
Slide 24: Long Term O&M Contracts Package #6 - Heet and Al-Hayer
Long Term O&M Contracts for Sewage Treatment Plant Package #6 - Heet and Al-Hayer (Awarded) Project Overview The project consisting of four existing sewage treatment plants in the Riyadh area namely “Hayer STP, Heet 01 STP, Heet 02 STP and Heet 03 STP” with total treatment capacity of 870,000 m3/d
Slide 25: Long Term O&M Contracts Package #7 - Al Ahsa (Awarded)
Long Term O&M Contracts for Sewage Treatment Plant Package #7 - Al Ahsa (Awarded) Project Overview The project consisting of four sewage treatment plants in Al Ahsa area namely “Hofuf 01 STP , Hofuf 02 STP , Al Oyun STP and Al Omran STP” with total treatment capacity of 472,000 m3/day, the four ST
Slide 26: SSTP - Small Sewage Treatment Plant and Main Trunk Sewer (Preferred Bidder)
SSTP - Small Sewage Treatment Plant (SSTP) and Main Trunk Sewer (Preferred Bidder) Project Timetable Small Sewage Treatment Plant (SSTP) and main trunk Project Name sewer Ministry of Project Capacity / Length 74,700 m3/day “treatment capacity” / 166.5 KM Finance 25 years from the Project Commercial
Slide 27: SSTP - Small Sewage Treatment Plant and Main Trunk Sewer (Preferred Bidder)
SSTP - Small Sewage Treatment Plant (SSTP) and Main Trunk Sewer (Preferred Bidder) • AWPT was announced as the Preferred Bidder for the Jazan Cluster Small- Scale Sewage Treatment Plants (SSTP) and Collection Network Project. • This project is the first of its kind in Saudi Arabia to integrate sewag
Slide 28: AR RJUM Water Pipeline Project - Package B (Preferred Bidder)
AR RJUM Water Pipeline Project - Package B (Preferred Bidder) Project Timetable Project Name AR RJUM WATER PIPELINE PROJECT - PACKAGE B SIO Maaden Project Capacity / Length 50,000 m3/day “Pipeline capacity” / TSE pipeline 159 KM WTA Term 15 years from the Project Commercial Operation Date (“PCOD”) C
Slide 29: Development Projects Under Submission (1/3)
Development Projects Under Submission (1/3) • SWPC Pipeline of development projects: SPV EPC SOQ Submission Qualification Expected RFP Bid Submission Submission Announcement Sq. Project Name Brief Scope of Work O&M Company Company Company Date Status Release Date Date Status Status Jazan Small Sewag
Slide 30: Development Projects Under Submission (2/2)
Development Projects Under Submission (2/2) • Pipeline of Development Projects with Other Clients: SOQ SPV EPC Qualification Expected RFP Bid Submission Submission Announcement Sq. Project Name Brief Scope of Work Company Company O&M Company Submission Status Release Date Date Status Status Date Lon
Slide 31: Development Projects Under Submission (3/3)
Development Projects Under Submission (3/3) SOQ Bid SPV EPC Qualification Expected RFP Submission Announcement Sq. Project Name Brief Scope of Work Partners Partners O&M Partners Submission Submission Status Release Date Status Status Date Date Long Term Operation and 9 4 STP (132,000 m3/d) AWPT (10
Slide 32: Revenue by Segment and Contract Type
Revenue by Segment and Contract Type Revenue by Segment (SAR MN) Revenue by Contract Type (SAR MN) Water Wastewater Integrated Water Solution Segments O&M Project Services Contract Type 2,489 2,489 330 1,952 1,952 862 1,680 1,680 308 967 623 318 256 692 894 822 822 636 1627 636 275 513 168 1329 513
Slide 33: Margins: Topline growth met with improving profitability
Topline growth met with improving profitability Gross Profit by Segment (SAR MN) Gross Profit by Contract Type (SAR MN) O&M Project Services Contract Type 461 Water Wastewater Integrated Water Solution Segment 461 35 384 11 384 262 183 262 34 403 187 426 187 312 136 31 37 59 111 101 111 101 31 197 1
Slide 34: Topline growth met with improving profitability
Topline growth met with improving profitability EBITDA (SAR MN) Net Income before Zakat (SAR MN) EBITDA EBITDA margin Net Income Net Income Margin 273 402 247 22% 351 20% 18% 16% 244 155 15% 14% 14% 13% 11% 13% 117 10% 173 9% 103 63 69 95 2022 2023 2024 2025 Q1-2025 Q1-2026 2022 2023 2024 2025 Q1-20
Slide 35: Efficient performance solidifying a robust financial position
Efficient performance solidifying a robust financial position Balance Sheet (SAR MN) 916 979 1,162 1,252 617 776 814 982 Equity 228 330 Non-Current Liabilities 538 321 398 170 1,913 1,934 Current Liabilities 1,764 154 203 1,262 1,376 1,345 1,225 Non-Current Assets 356 866 884 Current Assets 597 107
Slide 36: AWPT strategically positioned to thrive in KSA's evolving water market
As a local champion, AWPT is strategically positioned to thrive in KSA’s evolving water market Strengthen leadership position in O&M Services, with focus on newly floated long-term O&M (LTOM) projects and city management projects Strategic Objectives Expand in Project Services for critical infrastru
Slide 37: Saudi Arabia Water and Wastewater Projects Pipeline: NWC Five Years Plan
Saudi Arabia Water and Wastewater Projects Pipeline National Water Company (NWC) – Five Years Capital Projects Plan AWPT Business Units Segment 1. Water segment 2. Wastewater segment 3. Integrated Water Solutions Sub-segments Water supply & treatment Water networks WW treatment WW networks Stormwate
Slide 38: Saudi Arabia Water and Wastewater Projects Pipeline: NWC LTOM Program
Saudi Arabia Water and Wastewater Projects Pipeline National Water Company (NWC) – Privatization Plan LTOM Program AWPT Business Units Segment 1. Water segment 2. Wastewater segment 3. Integrated Water Solutions Sub-segments Water supply & treatment Water networks WW treatment WW networks Stormwater
Slide 39: Saudi Arabia Water and Wastewater Projects Pipeline: SWPC Privatization
Saudi Arabia Water and Wastewater Projects Pipeline Saudi Water Partnership Company (SWPC) – Privatization Projects AWPT Business Units Segment 1. Water segment 2. Wastewater segment 3. Integrated Water Solutions Sub-segments Water supply & treatment Water networks WW treatment WW networks Stormwate
Slide 40: Saudi Arabia Water and Wastewater Projects Pipeline: WTTCO Capital Projects
Saudi Arabia Water and Wastewater Projects Pipeline Water Transmission & Technologies Co. (WTTCO) – Capital Projects AWPT Business Units Segment 1. Water segment 2. Wastewater segment 3. Integrated Water Solutions Sub-segments Water supply & treatment Water networks WW treatment WW networks Stormwat
Slide 41: Saudi Arabia Water and Wastewater Projects Pipeline: WTTCO Privatization
Saudi Arabia Water and Wastewater Projects Pipeline Water Transmission & Technologies Co. (WTTCO) – Privatization Projects AWPT Business Units Segment 1. Water segment 2. Wastewater segment 3. Integrated Water Solutions Sub-segments Water supply & treatment Water networks WW treatment WW networks St
Slide 42: Contact Details
Contact Details Rami Moussilli Ramzi Azar Chief Executive Officer Chief Strategy and Performance Officer
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