For five decades, CGS has combined homegrown engineering expertise, manufacturing capability, and customer-focused innovation to provide increasingly sophisticated solutions that support some of the Kingdom’s most critical industries. As we embark on our journey as a listed entity and, as the Kingdom itself forges ahead in its Vision 2030 growth ambitions, we strive to strengthen our knowhow and capabilities, expanding into new opportunities, delivering lasting value to all.
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Core engineering and manufacturing capabilities
Saudi engineering expertise
Manufacturing capability
Refrigeration knowledge
Carrier partnership
Service network
CHAIRMAN’S MESSAGE
The IPO’s resounding success has served to further strengthen our already solid foundations and has helped shape our outlook for the coming years as we seek to move decisively, and with renewed vigour, towards our growth ambitions.
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CHIEF EXECUTIVES’ MESSAGE
Peter Faerber, Chief Executive Officer until 30 April 2026, and Ruban Bilen, who assumed the role on 1 May 2026, present their joint message.
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KEY
METRICS
50 years
of operations
3,000+
customers
500+
employees
X 477 Mn.
revenue
X 588 Mn.
record order intake
X 46.6 Mn.
net profit
49.4x IPO
over subscription
21.8%
gross margin
Approx.
X 300 Mn.
backlog
Every complex challenge
deserves an engineering solution
designed exclusively for it.