companyprofile
Ades Holding Co.
- Main Market
- Energy
Stats Overview
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Prev. Close 17.70
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Open 17.66
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High 17.68
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Low 17.30
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No. of Trades 5,942
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Avg. Trade size* 353
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Volume Traded 2,098,224
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Value Traded (SAR) 36,592,336.04
Performance
- *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
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- Announcements & Corporate Actions
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Announcements
Corporate Actions
- Announcements & Corporate Actions
- Dividends
- Financials
- Shareholding
- Peer Comparison
- Company Profile
Dividends
Announced Date | Eligibility Date | Distribution Date | Distribution Way | Dividend Amount |
---|---|---|---|---|
05/08/2024 | N/A | N/A | Account Transfer | 0.216 |
CompanyProfilev2Financials
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Financials
- FINANCIAL INFORMATION
- FINANCIAL STATEMENTS AND REPORTS
- Annually
- Quarterly
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Statement of Income | ||||
Total Revenue (Sales/Operating) | - | - | - | - |
Net Profit (Loss) before Zakat and Tax | - | - | - | - |
Zakat and Income Tax | - | - | - | - |
Net Profit (Loss) after Zakat and Tax | - | - | - | - |
Total Comprehensive Income | - | - | - | - |
Profit (Loss) per Share | - | - | - | - |
Cash Flows | ||||
Net Cash From Operating Activities | - | - | - | - |
Net Cash From Investing Activities | - | - | - | - |
Net Cash From Financing Activities | - | - | - | - |
Cash and Cash Equivalents, Beginning of the Period | - | - | - | - |
Cash and Cash Equivalents, End of the Period | - | - | - | - |
All Figures in | ||||
All Currency In | ||||
Last Update Date |
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 | ||||
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Total Assets | ||||
Total Liabilities | ||||
Total Shareholders Equity (After Deducting the Minority Equity) | ||||
Total Liabilities and Shareholders Equity | ||||
Statement of Income | ||||
Total Revenue (Sales/Operating) | ||||
Net Profit (Loss) before Zakat and Tax | ||||
Zakat and Income Tax | ||||
Net Profit (Loss) after Zakat and Tax | ||||
Total Comprehensive Income | ||||
Profit (Loss) per Share | ||||
Cash Flows | ||||
Net Cash From Operating Activities | ||||
Net Cash From Investing Activities | ||||
Net Cash From Financing Activities | ||||
Cash and Cash Equivalents, Beginning of the Period | ||||
Cash and Cash Equivalents, End of the Period | ||||
All Figures in | ||||
All Currency In | ||||
Last Update Date |
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.
- Announcements & Corporate Actions
- Dividends
- Financials
- Shareholding
- Peer Comparison
- Company Profile
- Announcements & Corporate Actions
- Dividends
- Financials
- Shareholding
- Peer Comparison
- Company Profile
- Announcements & Corporate Actions
- Dividends
- Financials
- Shareholding
- Peer Comparison
- Company Profile
Company Profile
Company overview
The Company main activity is managing its subsidiaries, investing the funds of its subsidiaries, owning the properties and movables necessary to carry out its activity, providing loans, guarantees and financing to its subsidiaries, owning industrial property rights of the subsidiaries and leasing industrial property rights to its subsidiaries or third parties. The Group main activities are as follows: Contracting services for excavation and maintenance of onshore and offshore wells. Services related to oil extraction. Excavation and onshore and offshore maintenance services. Provision of contracted offshore and onshore excavation services. Provision of maintenance and production services.
Company History
ADES Holding Company (the Company) is a Saudi mixed closed joint stock company registered under Commercial Registration No. 2051245446 dated 04/06/1444H (corresponding to 28/12/2022G), whose establishment was licensed under Ministerial Resolution No. 1415 dated 25/05/1444H. Its head office is located at 7429 Prince Turki Street, Corniche District, Al Khobar 2203, Kingdom of Saudi Arabia. The history of the Group dates back to 2002G, when its first subsidiary, ADES Egypt, was established. The Group operates through its branches and subsidiaries incorporated in various countries, including the following: (1) the Kingdom of Saudi Arabia, (2) Kuwait, (3) the United Arab Emirates, (4) Egypt, (5) the Cayman Islands, (6) Bermuda, (7) Cyprus, (8) Liberia, (9) Qatar, (10) Tunisia, (11) Algeria, (12) Libya, (13) Indonesia, and (14) Kongo. The Company directly and wholly owns one subsidiary, ADES International, which is a private limited holding company established in Dubai International Financial Center in 2016G. It directly and indirectly owns all the 22 Subsidiaries of the Group.
Company Bylaws
Equity Profile
- Authorized Capital (SAR) 1,129,062,513
- Issued Shares 1,129,062,513
- Paid Capital (SAR) 1,129,062,513
- Par Value/Share 1
- Paid Up Value/Share 1
Last Update :2023-10-09
Investment limits
There are no investment limits on the company's shares as per the Rules for Foreign Investment in Securities based on Company's bylaw and the issued Instructions by related regulators and supervisory authorities.
- Company Details
- BOARD OF DIRECTORS AND SENIOR EXECUTIVES INFORMATION
Investor Relations
Contact Name:
Hussain Mohamed Abdelsalam Hassan Badawy
Company Address:
7429 Prince Turki Street Alkornaish District Al Khobar 2203
Contact Details:
Telephone:
+966138499904
Fax
: +9660133313331
Email
: Hussein.Badawy@adesgroup.com
Company Website:
Name Of Subsidiary | Percentage Of Property | Main Business | Location Of Operation | Country Of Operation |
---|---|---|---|---|
Advanced Energy Systems (ADES) S.A.E. | 100.00% | Oil & gas drilling and production services | Egypt, Algeria, and India | Arab Republic of Egypt |
ADES Saudi Limited Company | 99.99% | Oil & gas drilling and production services | Kingdom of Saudi Arabia | Kingdom of Saudi Arabia |
Precision Drilling (Cyprus) Company | 100.00% | Holding company | N/A | Republic of Cyprus |
Kuwait Advanced Drilling Services | 100.00% | Leasing of rigs | Kuwait | Cayman Islands |
Prime Innovations for Trade S.A.E | 99.99% | Trading | N/A | Arab Republic of Egypt |
ADES International for Drilling | 100.00% | Drilling Equipment Rental | Algeria | Cayman Islands |
AG for Training (AG Academy) | 70.00% | Training | Egypt | Arab Republic of Egypt |
Advanced Transport Services | 100.00% | Leasing of transportation equipment | N/A | Cayman Islands |
Advanced Drilling Services | 100.00% | Trading | N/A | Cayman Islands |
ADES Holding Drilling Services Ltd. | 100.00% | Investment in Oil & Gas Projects | N/A | United Arab Emirates |
ADES International Holding Ltd. | 100.00% | Holding company | N/A | United Arab Emirates |
Emerald Drilling Company | 100.00% | Oil & gas production services and drilling& production services | Qatar | Cayman Islands |
ADES Drilling Services I Ltd. | 99.99% | Leasing of rigs | Kingdom of Saudi Arabia | Bermuda |
ADES Drilling Services II Ltd. | 99.99% | Leasing of rigs | Kingdom of Saudi Arabia | Bermuda |
ADES Drilling Services III Ltd. | 99.99% | Leasing of rigs | Kingdom of Saudi Arabia | Bermuda |
ADES Advanced Drilling Services Ltd. | 99.99% | Leasing of rigs | Kingdom of Saudi Arabia | Republic of Liberia |
ADES Drilling Services IV Ltd. | 100.00% | Leasing of rigs | Kingdom of Saudi Arabia | Bermuda |
ADES Drilling Services V Ltd. | 99.99% | Leasing of rigs | Kingdom of Saudi Arabia | Bermuda |
ADES Drilling Services Ltd. | 99.99% | Leasing of rigs | Kingdom of Saudi Arabia | Bermuda |
ADES GCC for Drilling Ltd. | 99.99% | Production services oil and gas drilling and production services | Kingdom of Saudi Arabia | Bermuda |
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.
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