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Saudi Cable Co.

Companies with accumulated losses reaching 50% or more of its capital'

2110
SAUDI CABLE
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  • Main Market
  • Capital Goods

Stats Overview

  • Prev. Close 67.10
  • Open 67.10
  • High 73.80
  • Low 65.00
  • No. of Trades 2,410
  • Avg. Trade size* 188
  • Volume Traded 452,750
  • Value Traded (SAR) 32,274,859.30

Performance

SAUDI CABLE
3.70 ( 5.51% )
Compare
Name Price Change %
Saudi Cable Co. 67.10 5.51%
Note: Prices are delayed minimum 5 minutes
  • *Average Trade Size = Cumulative / # of Trades
  • **52 Week Price Change =   (Current Price - Price year ago) / Price year ago x 100
  • Historical prices & volume traded data are adjusted to account for all corporate actions.
  • MO: Market Order

Trade Updates

Last Trade

Price
70.80
% Change
5.51
Volume Traded
12

Best Bid

Price 70.80
Volume 1,359

Best Offer

Price 71.50
Volume 6

52 WEEK

High
109.40
2024/03/28
Low
55.50
2024/06/09
Change**
23.78

PERFORMANCE

Start of Year
-
Year ago
57.2
3 Years ago
160.86

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Announcements

  • Saudi Cable Company announces the cancellation of the decision of the Financial Regulatory Secretary to submit the financial regulation proposal

    2110
    SAUDI CABLE 5.51 %
    1445/12/03     09/06/2024 16:13:42
  • Saudi Cable Company Announces Resignation of a Member of the Audit Committee

    2110
    SAUDI CABLE 5.51 %
    1445/12/03     09/06/2024 08:58:23
  • Saudi Cable Co. Announces an update on Previous announcement of postponing the invitation to shareholders to vote on the financial restructuring proposal

    2110
    SAUDI CABLE 5.51 %
    1445/11/28     05/06/2024 18:14:42
  • Saudi Cable Company invites its Shareholders to attend an Ordinary General Assembly (first meeting) in person and through methods of modern technology.

    2110
    SAUDI CABLE 5.51 %
    1445/11/28     05/06/2024 17:23:43
  • Saudi Cable Company announces the latest updates regarding the previous Company announcement regarding invite shareholders to attend the voting meeting on the financial restructuring proposal

    2110
    SAUDI CABLE 5.51 %
    1445/11/25     02/06/2024 15:54:22
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Corporate Actions

Upcoming Events

    Past Events

      Jump To :
      • Announcements & Corporate Actions
      • Dividends
      • Financials
      • Shareholding
      • Peer Comparison
      • Company Profile

      Dividends

      Announced Date Eligibility Date Distribution Date Distribution Way Dividend Amount
      30/04/2011 07/06/2011 09/07/2011 Account Transfer 0.375
      30/04/2011 07/06/2011 18/12/2011 Account Transfer 0.375
      20/03/2010 24/04/2010 24/05/2010 Account Transfer 0.75
      07/03/2009 16/04/2009 17/05/2009 Account Transfer 0.75
      11/03/2008 09/04/2008 18/05/2008 Account Transfer 0.75

      CompanyProfilev2Financials

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      Financials

      • FINANCIAL INFORMATION
      • FINANCIAL STATEMENTS AND REPORTS
      • Annually
      • Quarterly
      Balance Sheet 2023-12-31 2022-12-31
      Total Assets
      589,139
      789,598
      - -
      Total Liabilities
      1,053,717
      1,293,263
      - -
      Total Shareholders Equity (After Deducting the Minority Equity)
      -464,578
      -496,484
      - -
      Total Liabilities and Shareholders Equity
      589,139
      789,598
      - -
      Statement of Income 2023-12-31 2022-12-31
      Total Revenue (Sales/Operating)
      30,678
      72,928
      - -
      Net Profit (Loss) before Zakat and Tax
      909
      -320,057
      - -
      Zakat and Income Tax
      35,647
      -264,908
      - -
      Net Profit (Loss) after Zakat and Tax
      36,556
      -584,965
      - -
      Total Comprehensive Income
      31,906
      -584,771
      - -
      Profit (Loss) per Share
      5.48
      -25.04
      - -
      Cash Flow 2023-12-31 2022-12-31
      Net Cash From Operating Activities
      -29,378
      -54,131
      - -
      Net Cash From Investing Activities
      12,381
      68,352
      - -
      Net Cash From Financing Activities
      -2,157
      2,060
      - -
      Cash and Cash Equivalents, Beginning of the Period
      27,002
      10,721
      - -
      Cash and Cash Equivalents, End of the Period
      7,848
      27,002
      - -
      All Figures in Thousands Thousands
      All Currency In SAR SAR
      Last Update Date 2024-05-13 2023-11-30

      The Capital Market Authority and Saudi Exchange take no responsibility for the contents of this disclosure, make no representations as to its accuracy or completeness, and expressly disclaim any liability whatsoever for any loss arising from, or incurred in reliance upon, any part of this disclosure, and the issuer accepts full responsibility for the accuracy of the information contained in it and confirms, having made all reasonable enquiries, that to the best of their knowledge and belief, there are no other facts or information the omission of which would make the disclosure misleading, incomplete or inaccurate. The above information does not replace detailed financial statements, as detailed financial statements are the reliable source that must be consulted to obtain accurate financial information.

      Balance Sheet 2024-03-31 2023-09-30 2023-06-30 2023-03-31
      Total Assets
      601,783
      675,741
      844,707
      817,534
      Total Liabilities
      1,062,763
      1,147,384
      1,326,690
      1,281,813
      Total Shareholders Equity (After Deducting the Minority Equity)
      -460,980
      -463,789
      -474,323
      -456,485
      Total Liabilities and Shareholders Equity
      601,783
      675,741
      844,707
      817,534
      Statement of Income 2024-03-31 2023-09-30 2023-06-30 2023-03-31
      Total Revenue (Sales/Operating)
      12,572
      3,472
      3,873
      11,715
      Net Profit (Loss) before Zakat and Tax
      -2,295
      2,347
      -2,946
      3,734
      Zakat and Income Tax
      -2,550
      -2,750
      -2,749
      36,548
      Net Profit (Loss) after Zakat and Tax
      -4,845
      -403
      -5,695
      40,282
      Total Comprehensive Income
      3,598
      11,014
      -17,720
      39,386
      Profit (Loss) per Share
      -0.73
      -0.56
      -0.87
      6.13
      Cash Flow 2024-03-31 2023-09-30 2023-06-30 2023-03-31
      Net Cash From Operating Activities
      -14,528
      -9,975
      3,656
      -2,459
      Net Cash From Investing Activities
      17,269
      -186
      - -
      Net Cash From Financing Activities -
      497
      -2,579
      2,826
      Cash and Cash Equivalents, Beginning of the Period
      7,848
      27,002
      27,002
      27,002
      Cash and Cash Equivalents, End of the Period
      10,589
      17,338
      28,079
      27,369
      All Figures in Thousands Thousands Thousands Thousands
      All Currency In SAR SAR SAR SAR
      Last Update Date 2024-05-27 2024-03-19 2024-02-25 2024-01-18

      The Capital Market Authority and Saudi Exchange take no responsibility for the contents of this disclosure, make no representations as to its accuracy or completeness, and expressly disclaim any liability whatsoever for any loss arising from, or incurred in reliance upon, any part of this disclosure, and the issuer accepts full responsibility for the accuracy of the information contained in it and confirms, having made all reasonable enquiries, that to the best of their knowledge and belief, there are no other facts or information the omission of which would make the disclosure misleading, incomplete or inaccurate. The above information does not replace detailed financial statements, as detailed financial statements are the reliable source that must be consulted to obtain accurate financial information.

      Display Previous Periods
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      • Announcements & Corporate Actions
      • Dividends
      • Financials
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      Shareholding Information

      • Board Of Directors
      • Foreign Ownership
      • Substantial Shareholders
      Time Period
      -
      Search
      Trading Date Shareholders Designation Shares Held Trading Day Shares Held Prev Trading Day Change
      2024-06-13 شبيب حسن بن شجاع الحقباني Board of Directors 0.0953258% 0.0953258% 0
      2024-06-13 زياد عبداللطيف احمد البراك Board of Directors 0.0000749% 0.0000749% 0
      2024-06-13 فوزي مبارك علي القحطاني Senior Executives 0.0000150% 0% 0.0000150
      2024-06-13 خالد اسعد تقي صالح خاشقجي Board of Directors 0.0050053% 0.0050053% 0
      2024-06-13 بدران حمود عبدالله البدران Board of Directors 0.0024577% 0.0024577% 0
      • The listed company (Publisher) shall be responsible for the accuracy of the published information pertaining to the ownership of the Board of Directors, Chief Executive Officer or highest executive position, and the Chief Financial Officer. The listed company shall also be responsible for updating these information thereof. Therefore, the Saudi Stock Exchange (Tadawul) shall not be liable for the information contained therein, nor for any consequences that may result from the said information.
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      Company Apply
      Saudi Cable Co.
      Price 70.80
      Market Cap (SAR MN) 448
      P/E Ratio -
      Index Name Index Level 1D Return
      Saudi Cable Co. %
      Jump To:
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      Company Profile

      Company overview

      Saudi Cable Company (SCC) is a joint stock Company with ownership in several manufacturing facilities in the Kingdom of Saudi Arabia (KSA), Kingdom of Bahrain and Turkey. These companies are engaged in the Manufacture, Supply, Installation, Testing & Commissioning and Maintenance of Power Cable, ranging from Extra High Voltage, Medium Voltage, Low Voltage, Building Wires, Telecommunication Cables, Instrumentation, Specialty Control Cables, Electrical Sub-Stations, Switch Gears, Electrical Cables Accessories and Transformers. Additionally, SCC Group has a network of distribution for the supply of all types of cables and associated electrical products from several of its Warehouses. It also supports its customers through a total solution for the Supply, Installation, Testing & Commissioning and Maintenance of Electrical Systems with the state-of-the-art Digital and Information Technology System.

      Company History

      Saudi Cable Company was established as a limited liability company in the year 1396H (1976G) with an initial capital of SR3.5 million and main objective of Manufacturing/ Trading of and dealing in copper rod, power cables and wires ( all sizes and tensions),Communication cables and wires ( copper/fiber optic), ground conductors for electrical uses and communication, PVC insulating compounds, wooden reels and pallets, etc. Within a short span of time the company progressed well and emerged as a pioneer in cable manufacturing and marketing in the Middle East. The Company was converted into a joint stock company in 1409H (1988G) with a paid up capital of SR270 million. In due course of time the Company share capital was raised to SR760 million with 12,453 registered shareholders (as of 29/11/2015). At the end of the year 2015, the locals Saudi and Turkish, constituted 59% of the total Group workforce of 1,833 employees, as compared to 57% of 1,759 employees at the end of 2014. The registered office of the Company is situated in Jeddah at Industrial Area, Phase ii

      Company Bylaws

      Click here

      Equity Profile

      • Authorized Capital (SAR) 66,729,060
      • Issued Shares 6,672,906
      • Paid Capital (SAR) 66,729,060
      • Par Value/Share 10
      • Paid Up Value/Share 10

      Last Update :2022-07-26

      Investment limits

      There are no investment limits on the company's shares as per the amended Rules for Qualified Foreign Financial Institutions Investment in Listed Securities and Instructions for the Foreign Strategic Investors Ownership in Listed Companies based on company's bylaw and the issued instructions by the related regulators and supervisory authorities

       

      • Company Details
      • BOARD OF DIRECTORS AND SENIOR EXECUTIVES INFORMATION
      • Date Established

        1975/01/01

      • Financial Year End

        31/12

      • Listing Date

        1988/09/03

      • External Auditors

        [[AlKharashi & Co. Certified Accountants and Auditors]]

      • ISIN CODE

        SA0007879238

      • Number of Employees

        1190

      • Chairman

        Abdullah bin Odeh bin Sulaiman AlGhabin
        Independent

        Abdullah bin Odeh bin Sulaiman AlGhabin
        • BD Session Start
          2024-04-13
          Designation
          Chairman
        • BD Session End
          2027-04-03
          Classification
          Independent
        • Qualification
          Master Business Administration Postgraduate Diploma Business Administration Bachelor Mechanical Engineering
        Companies Membership
        • Memebrship Name
          Al Jouf Cement Company
          Start Date
          -
        • Memebrship Character
          Independent
          End Date
          -
      • Board of Directors

        Sabri bin Abdullah bin Misfir Al Ghamdi Independent

        Sabri bin Abdullah bin Misfir Al Ghamdi
        • BD Session Start
          2024-04-04
          Designation
          Board of Directors
        • BD Session End
          2027-04-03
          Classification
          Independent
        • Qualification
          Bachelor degree Chemical Engineering
        Companies Membership
        • Memebrship Name
          Methanol Chemicals Company Chemanol
          Start Date
          -
        • Memebrship Character
          Executive
          End Date
          -
        • Memebrship Name
          Hadaf international Energy
          Start Date
          -
        • Memebrship Character
          Independent
          End Date
          -
        • Memebrship Name
          Al Baha Municipality Council
          Start Date
          -
        • Memebrship Character
          Independent
          End Date
          -

        Walid bin Abdulaziz bin Abdulrahman Al-Shuwaier Deputy Chairman - Independent

        Walid bin Abdulaziz bin Abdulrahman Al-Shuwaier
        • BD Session Start
          2024-04-04
          Designation
          Board of Directors
        • BD Session End
          2027-04-03
          Classification
          Deputy Chairman - Independent
        • Qualification
          Bachelor Agricultural Engineer
        Companies Membership
        • Memebrship Name
          Chemanol Company
          Start Date
          -
        • Memebrship Character
          Independent
          End Date
          -
        • Memebrship Name
          Themar Development Holding
          Start Date
          -
        • Memebrship Character
          Independent
          End Date
          -

        Nael bin Samir bin Mohammed Fayez Non - Executive

        Nael bin Samir bin Mohammed Fayez
        • BD Session Start
          2024-04-04
          Designation
          Board of Directors
        • BD Session End
          2027-04-03
          Classification
          Non - Executive
        • Qualification
          MBA International Business BachelorEconomics Executive Program Financing Executive Program Leading for the Future Executive Program Non Profit Management Executive Program High Performance People Skills Program
        Companies Membership
        • Memebrship Name
          Strategic Sustainable Solutions
          Start Date
          -
        • Memebrship Character
          Non Executive
          End Date
          -
        • Memebrship Name
          Injaz Saudi Arabia
          Start Date
          -
        • Memebrship Character
          Non Executive
          End Date
          -

        Khalid bin Asaad bin Taqi Khashogji (ManagingDirector) Executive

        Khalid bin Asaad bin Taqi Khashogji (ManagingDirector)
        • BD Session Start
          2024-04-04
          Designation
          Board of Directors
        • BD Session End
          2027-04-03
          Classification
          Executive
        • Qualification
          Bachelor Business Management
        Companies Membership
        • Memebrship Name
          Thimar Development Holding CO
          Start Date
          -
        • Memebrship Character
          Independent
          End Date
          -

        Zeyad bin Abdullateef bin Ahmed Albarrak Independent

        Zeyad bin Abdullateef bin Ahmed Albarrak
        • BD Session Start
          2024-04-04
          Designation
          Board of Directors
        • BD Session End
          2027-04-03
          Classification
          Independent
        • Qualification
          Bachelor Finance and Economics Certified Executive Program Credit Risk Management High Performance Leadership Program Certified Executive Program Certificate in Company Direction Certified Director Program Diploma in Developing Board Performance
        Companies Membership
        • Memebrship Name
          ENBD Capital KSA
          Start Date
          -
        • Memebrship Character
          Non Executive
          End Date
          -
        • Memebrship Name
          Burgerizzr Co.
          Start Date
          -
        • Memebrship Character
          Non Executive
          End Date
          -

        Shabib bin Hassan bin Shujaa Al-Haqbani Independent

        Shabib bin Hassan bin Shujaa Al-Haqbani
        • BD Session Start
          2024-04-04
          Designation
          Board of Directors
        • BD Session End
          2027-04-03
          Classification
          Independent
        • Qualification
          Ph.D Censorship Master Censorship Bachelor Censorship

        Badran bin Homoud bin Abdullah Albadran Independent

        Badran bin Homoud bin Abdullah Albadran
        • BD Session Start
          2024-04-28
          Designation
          Board of Directors
        • BD Session End
          2027-04-03
          Classification
          Independent
        • Qualification
          Bachelor Industrial Engeneering

        Abdulkarim bin Muhammed bin Muhammed Alnuhayer Independent

        Abdulkarim bin Muhammed bin Muhammed Alnuhayer
        • BD Session Start
          2024-04-04
          Designation
          Board of Directors
        • BD Session End
          2027-04-03
          Classification
          Independent
        • Qualification
          Master Executive MBA Bachelors Industrial Managment
        Companies Membership
        • Memebrship Name
          Thimar Development holding company
          Start Date
          -
        • Memebrship Character
          independent
          End Date
          -
        • Memebrship Name
          Al Jouf Cement company
          Start Date
          -
        • Memebrship Character
          independent
          End Date
          -
      • Senior Executives

        Fawwaz bin Mubarak bin Ali Al Mugbel Alqahtani CEO

      Fawwaz bin Mubarak bin Ali Al Mugbel Alqahtani
      • BD Session Start
        2024-04-17
        Designation
        Senior Executives
      • BD Session End
        -
        Classification
        CEO
      • Qualification
        Bachelor Industrial Management Executive MBA

      Investor Relations

      Contact Name:

      Shareholders Affairs Department

      Company Address:

      P.O Box 4403 Jeddah 21491

      Contact Details:

      Telephone: 0126087500
      Fax : 0126352220
      Email : Investor.Relations@saudicable.com

      Company Website:

      www.saudicab.com


      Name Of Subsidiary Percentage Of Property Main Business Location Of Operation Country Of Operation
      Saudi Cable Company for Marketing limited 100.00% Sale of electrical wires, switches, connection devices, electrical products and the related extensions, Electrical cables and telecommunication cables JEDDAH JEDDAH
      Mass Projects for Power and Telecommunication Limited 10.00% Projects construction, electrical installations, site preparation, plumbing and heating works and air conditioning JEDDAH JEDDAH
      Mass Centres for Distribution of Electrical Products Limited 90.00% Wholesale and retail trade in Electrical materials, tools, machineries, equipment, devices, telephones and electronics and their installation, operation and maintenance JEDDAH JEDDAH
      Mass Kablo Yatirim Ve Ticaret Anonim Sirketi 100.00% Holding Company (Previously Mass Holding Company) Turkey Turkey
      Mass International Trading Company Limited (dormant) 100.00% International Trading Ireland Ireland
      Saudi Cable Company (U.A.E) 100.00% Trade in signal instruments and the related products, ventilation devices, electrical wiring tools and electrical equipment for electrical power generation, transmission and distribution Dubai Dubai
      Elimsan Salt Cihazlari ye Eletromeanik San ve Tic 94.00% Manufacturing and distribution of electronis gears and goods Turkey Turkey
      Elimsan Metalurji ve Makine San. Ve Tic A.S. 100.00% Branch of Elimsan Salt Turkey Turkey
      Fairhaven Holding Ltd 100.00% Holding Seychelles Seychelles
      Kablat Holding Limited 100.00% Holding Malta Malta
      Gozo Gayrimenkul Anonim Sirketi 100.00% Holding Turkey Turkey
      Valleta Gayrimenkul Anonim Sirketi 100.00% Holding Turkey Turkey
      Midal Cables W.L.L 50.00% Conductors & related products Bahrain Bahrain
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      The Capital Market Authority and Saudi Exchange take no responsibility for the contents of these disclosures, make no representations as to its accuracy or completeness, and expressly disclaim any liability whatsoever for any loss arising from, or incurred in reliance upon, any part of these disclosures, and the issuer accepts full responsibility for the accuracy of the information contained in it and confirms, having made all reasonable enquiries, that to the best of their knowledge and belief, there are no other facts or information the omission of which would make the disclosure misleading, incomplete or inaccurate.