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Saudi Telecom Co.

7010
STC
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  • Main Market
  • Telecommunication Services

Stats Overview

  • Prev. Close 37.10
  • Open 37.10
  • High 37.10
  • Low 36.30
  • No. of Trades 8,639
  • Avg. Trade size* 277
  • Volume Traded 2,394,858
  • Value Traded (SAR) 87,426,729.40

Performance

STC
-0.75 ( -2.02% )
Compare
Index Name Index Level 1D Return
Saudi Telecom Co. 37.10 -2.02%
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
36.35
% Change
-2.02
Volume Traded
2,000

Best Bid

Price 36.30
Volume Traded 22,451

Best Offer

Price 36.35
Volume Traded 4,755

52 WEEK

High
48.32
2022/05/09
Low
35.05
2022/12/20
Change**
-22.06

PERFORMANCE

Start of Year
37.2
Year ago
46.64
3 Years ago
35.28

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  • Announcements & Corporate Actions
  • Financials
  • Shareholding
  • Peer Comparison
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Announcements

  • Saudi Telecom Company (stc) announces the sale of the land owned by stc located in Khobar city.

    7010
    STC -2.02 %
    1444/06/25     18/01/2023 08:28:59
  • Saudi Telecom Company (stc) announces the latest developments regarding the signing of a binding offer with Arabian Internet and Communication Services Company (SOLUTIONS) to sell its entire 49% stake in Contact Center Company (CCC).

    7010
    STC -2.02 %
    1444/06/18     11/01/2023 15:23:17
  • Saudi Telecom Company (stc) announces the results of purchase of its own shares allocated within the Employee Stock Incentive Plan.

    7010
    STC -2.02 %
    1444/05/06     30/11/2022 08:04:56
  • Saudi Telecom Company (stc) announces the signing of a binding offer with Arabian Internet and Communication Services Company (SOLUTIONS) to sell its entire 49% stake in Contact Center Company (CCC).

    7010
    STC -2.02 %
    1444/04/16     10/11/2022 15:31:51
  • Saudi Telecom Company (stc) announces the interim dividends for the 3rd quarter of 2022.

    7010
    STC -2.02 %
    1444/04/02     27/10/2022 15:27:10
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Corporate Actions

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Financials

  • Balance Sheet
  • Statement of Income
  • Cash Flow
  • XBRL
  • Detailed Reports and Statements
  • Annually
  • Quarterly
Balance Sheet 2021-12-31 2020-12-31 2019-12-31 2018-12-31
Current Assets
50,550,564
44,850,271
43,119,962
47,820,120
Inventory
917,510
1,008,645
1,721,530
787,456
Investments
5,995,381
6,741,927
6,618,526
6,581,733
Fixed Assets
47,205,038
47,847,623
45,085,342
41,920,409
Other Assets
23,110,924
21,523,634
21,780,896
14,838,927
Total Assets
127,779,417
121,972,100
118,326,256
111,948,645
Current Liabilities
33,560,552
32,891,183
33,190,252
32,035,106
Non-Current Liabilities
16,989,771
17,612,311
16,980,341
11,692,956
Other Liabilities
5,843,115
6,201,591
5,100,617
1,558,985
Shareholders Equity
69,270,505
63,945,782
61,762,594
65,513,684
Total Liabilities and Shareholder Equity
127,779,417
121,972,100
118,326,256
111,948,645
Minority Interests
2,115,474
1,321,233
1,292,452
1,147,914
All Figures in Thousands Thousands Thousands Thousands
All Currency In SAR SAR SAR SAR
Last Update Date 2022-02-24 2021-03-29 2020-03-18 2019-03-21
Balance Sheet 2022-09-30 2022-06-30 2022-03-31 2021-09-30
Current Assets
58,059,745
55,538,501
53,450,801
48,853,341
Inventory
759,087
928,499
992,543
684,175
Investments
4,641,917
5,434,740
5,758,075
6,776,528
Fixed Assets
45,948,410
46,295,211
46,097,480
46,124,685
Other Assets
23,617,698
23,333,639
23,333,351
21,481,476
Total Assets
133,026,857
131,530,590
129,632,250
123,920,205
Current Liabilities
34,149,237
34,866,694
34,179,431
29,465,249
Non-Current Liabilities
17,299,918
17,254,688
17,539,928
18,228,185
Other Liabilities
5,548,567
5,633,351
5,533,546
5,751,195
Shareholders Equity
73,331,085
71,786,035
70,366,932
68,503,432
Total Liabilities and Shareholder Equity
133,026,857
131,530,590
129,632,250
123,920,205
Minority Interests
2,698,050
1,989,822
2,012,413
1,972,144
All Figures in Thousands Thousands Thousands Thousands
All Currency In SAR SAR SAR SAR
Last Update Date 2022-10-30 2022-08-04 2022-05-08 2021-10-24
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Shareholding Information

  • Board Of Directors
  • Foreign Ownership
  • Substantial Shareholders
Time Period
-
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Trading Date Shareholders Designation Shares Held Trading Day Shares Held Prev Trading Day Change
2023-02-05 محمد خالد عبدالله آل سعود Chairman 0.0000500 0.0000500 0
2023-02-05 خالد حسين صالح بياري Board of Directors 0.0001000 0.0001000 0
2023-02-05 يزيد عبدالرحمن ابراهيم الحميد Board of Directors 0.0004674 0.0004674 0
2023-02-05 امين فهد عبدالعزيز الشدي Senior Executives 0.0005890 0.0005890 0
2023-02-05 جميل عبدالله عبدالعزيز الملحم Board of Directors 0.0004750 0.0004750 0
2023-02-05 عليان محمد حمد بن وتيد Senior Executives 0.0007789 0.0007789 0
2023-02-05 سارة جماز عبدالله السحيمي Board of Directors 0.0020000 0.0020000 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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Saudi Telecom Co.
Price 36.35
Market Cap (SAR MN) 181,750
P/E Ratio 15.11
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Company Profile

Company overview

1) Establish, manage, operate and maintain fixed and mobile telecommunication networks, systems and infrastructure. 2) Deliver, provide, maintain and manage diverse telecommunication and information technology (IT) services to customers. 3) Prepare the required plans and necessary studies to develop, implement and provide telecom and IT services covering all technical, financial and administrative aspects. In addition, prepare and implement training plans in the field of telecommunications and IT, and provide consultancy services. 4) Expand and develop telecommunication networks, systems, and infrastructure by utilizing the most current devices and equipment in telecom technology, especially in the fields of providing and managing services, applications and software. 5) Provide integrated communication and information technology solutions which include, among other things, telecom, IT services, managed services, and cloud services, etc. 6) Provide information based systems and technologies to customers including providing telecommunication means for the transfer of internet services. 7) Wholesale and retail trade, import, export, purchase, own, lease, manufacture, promote, sell, develop, design, setup and maintain devices, equipment, and components networks including fixed, moving and private networks. In addition, computer programs and the other intellectual properties, and executing contracting works that are related to different telecom. 8) Real estate investment and the resulting activities, such as selling, buying, leasing, managing, developing and maintenance. 9) Acquire loans and own fixed and movable assets for intended use. 10) Provide financial and managerial support and other services to subsidiaries. 11) Provide development, training, asset management and other related services. 12) Provide solutions for decision support, business intelligence and data investment. 13) Provide supply chain and other related services. 14) Provide digital banking services. 15)Provide cybersecurity services.16)Construction, maintenance and repair of telecommunication and radar stations and towers. Moreover, the Company is entitled to set up individual companies as limited liability or closed joint stock. It may also own shares in, or merge with, other companies, and it has the right to partner with others to establish joint stock, limited liability or any other entities whether inside or outside the Kingdom.

Company History

Saudi Telecom Company (the Company) was established as a Saudi Joint Stock Company pursuant to Royal Decree No. M/35 dated 24 Dhul Hijja 1418H (corresponding to 21 April 1998) that authorized the transfer of the telegraph and telephone division of the Ministry of Post, Telegraph and Telephone (MoPTT) with its various components and technical and administrative facilities to the Company, and in accordance with the Council of Ministers Resolution No. 213 dated 23 Dhul Hijja 1418H (corresponding to 20 April 1998) that approved the Companys bylaws (By laws). The Company was wholly owned by the Government of the Kingdom of Saudi Arabia (the Government). The Government sold 30% of its shares pursuant to the Council of Ministers Resolution No. 171 dated 2 Rajab 1423H (corresponding to 9 September 2002),. The Public Investment Fund (PIF) is the ultimate controlling party of the Company through its ownership of 64% as at 31 December 2021 (2020: 70%). During the year 2021, the PIF through a secondary offering sold 6% of the Companys shares.The Company commenced its operation as the provider of telecommunications services throughout the Kingdom of Saudi Arabia (the Kingdom) on 6 Muharram 1419H (corresponding to 2 May 1998) and received its Commercial Registration No. 1010150269 as a Saudi Joint Stock Company on 4 Rabi Awal 1419H (corresponding to 29 June 1998). The Companys head office is located in King Abdulaziz Complex, Imam Mohammed Bin Saud Street Al Mursalat Area, Riyadh, Kingdom of Saudi Arabia.

Company Bylaws

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Equity Profile

  • Authorized Capital (SAR) 50,000,000,000
  • Issued Shares 5,000,000,000
  • Paid Capital (SAR) 50,000,000,000
  • Par Value/Share 10
  • Paid Up Value/Share 10

Last Update :2022-08-31

Investment limits

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

 

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

    1998/05/02

  • Financial Year End

    31/12

  • Listing Date

    /

  • External Auditors

    [Ernst & Young]

  • ISIN CODE

    SA0007879543

  • Number of Employees

    -

  • Chairman

    HRH. Prince Mohammed K. ALFaisal
    Independent

    HRH. Prince Mohammed K. ALFaisal
    • BD Session Start
      2021-04-28
      Designation
      Chairman
    • BD Session End
      2024-04-27
      Classification
      Independent
  • Board of Directors

    H.E. Dr. Khaled H. Biyari Non - Executive

    H.E. Dr. Khaled H. Biyari
    • BD Session Start
      2021-04-28
      Designation
      Board of Directors
    • BD Session End
      2024-04-27
      Classification
      Non - Executive

    H.E. Mohammed Talal Al-Nahhas Non - Executive

    H.E. Mohammed Talal Al-Nahhas
    • BD Session Start
      2021-04-28
      Designation
      Board of Directors
    • BD Session End
      2024-04-27
      Classification
      Non - Executive

    Mr. Yazeed A. AlHumied Non - Executive

    Mr. Yazeed A. AlHumied
    • BD Session Start
      2021-04-28
      Designation
      Board of Directors
    • BD Session End
      2024-04-27
      Classification
      Non - Executive

    Ms. Rania M. Nashar Non - Executive

    Ms. Rania M. Nashar
    • BD Session Start
      2021-04-28
      Designation
      Board of Directors
    • BD Session End
      2024-04-27
      Classification
      Non - Executive

    Mr. Sanjay Kapoor Non - Executive

    Mr. Sanjay Kapoor
    • BD Session Start
      2021-04-28
      Designation
      Board of Directors
    • BD Session End
      2024-04-27
      Classification
      Non - Executive

    Mr. Arndt F. Rautenberg Non - Executive

    Mr. Arndt F. Rautenberg
    • BD Session Start
      2021-04-28
      Designation
      Board of Directors
    • BD Session End
      2024-04-27
      Classification
      Non - Executive

    Ms. Sara J. AlSuhaimi Independent

    Ms. Sara J. AlSuhaimi
    • BD Session Start
      2021-04-28
      Designation
      Board of Directors
    • BD Session End
      2024-04-27
      Classification
      Independent

    Mr. Ahmed Mohammed Al-Omran Non - Executive

    Mr. Ahmed Mohammed Al-Omran
    • BD Session Start
      2021-04-28
      Designation
      Board of Directors
    • BD Session End
      2024-04-27
      Classification
      Non - Executive

    Mr. Jameel A. AlMulhem Independent

    Mr. Jameel A. AlMulhem
    • BD Session Start
      2021-04-28
      Designation
      Board of Directors
    • BD Session End
      2024-04-27
      Classification
      Independent

    Mr. Waleed I. Shukri Independent

    Mr. Waleed I. Shukri
    • BD Session Start
      2021-04-28
      Designation
      Board of Directors
    • BD Session End
      2024-04-27
      Classification
      Independent
  • Senior Executives

    Eng. Olayan bin M. Bin Wetaid CEO

    Eng. Olayan bin M. Bin Wetaid
    • BD Session Start
      2021-03-28
      Designation
      Senior Executives
    • BD Session End
      -
      Classification
      CEO

    Mr. Ameen bin Fahad Alshiddi CFO

Mr. Ameen bin Fahad Alshiddi
  • BD Session Start
    2016-06-22
    Designation
    Senior Executives
  • BD Session End
    -
    Classification
    CFO

Investor Relations

Contact Name:

Investor Relations

Company Address:

P.o.Box 87912 Riyadh 11652

Contact Details:

Telephone: 8001161100
Fax: -
Email: IRU@stc.com.sa

Company Website:

www.stc.com.sa


Name Ob Subsidiary Percentage Of Property Main Business Location Of Operation Country Of Operation
Arabian Internet and Communications Services Company (Solutions) 79.00% The company is engaged in providing internet services, operation of communications projects and transmission and processing of information in the Saudi market Saudi Arabia Saudi Arabia
Telecom Commercial Investment Company Limited (TCIC) 100.00% The company was established for the purpose of operating and maintaining of telecommunication networks, organizing computer systems networks and internet networks, maintenance, operation and installation of telecommunication and information technology systems and programs in the Saudi market. Saudi Arabia Saudi Arabia
(Aqalat Limited Company (Aqalat 100.00% This company operates in the field of establishing, owning, investing, managing of real estate and contracting, and providing consulting services, and importing and exporting services to the benefit of the Company. Saudi Arabia Saudi Arabia
Public Telecommunications Company (Specialized by stc) 100.00% This company operates in the electrical business and communication networks, wholesale and retail trade in fixed telecommunications equipment, electrical appliances, import, marketing, installation and maintenance of fixed and mobile telecommunications and information technology licensed devices Saudi Arabia Saudi Arabia
Saudi Telecom Channels Company (Channels by stc) 100.00% This company operates in the wholesale and retail trade of recharge card services, telecommunication equipment and devices, computer services, sale and re-sale of all fixed and mobile telecommunication services, and commercial centers maintenance and operation. Saudi Arabia Saudi Arabia
Telecommunications Towers Company (TAWAL) 100.00% The Company is responsible of owning, constructing, operating, leasing and commercializing telecom towers in Kingdom. Saudi Arabia Saudi Arabia
stc Bank (previously Saudi Digital Payments Company or stc Pay) 85.00% The Company main activity is to provide digital payments services. Saudi Arabia Saudi Arabia
Smart Zone Real Estate Company 100.00% The main activity of the company is the development, financing and management of real estate projects Saudi Arabia Saudi Arabia
Advanced Technology and Cybersecurity Company (sirar by stc) 100.00% The Company main activity is to provide cybersecurity services. Saudi Arabia Saudi Arabia
Gulf Digital Media Model Company Ltd (GDMM) 100.00% The company is engaged in providing broadcasting and media production services Saudi Arabia Saudi Arabia
Innovation Fund Investment Company 100.00% The company is engaged in providing administrative services and IT and telecommunication support Saudi Arabia Saudi Arabia
stc Bahrain BSC (c) (stc Bahrain) 100.00% This company operates in the field of all mobile telecommunication services, international telecommunications, broadband and other related services in the Bahraini market Bahrain Bahrain
Kuwait Telecommunications Company (stc Kuwait) 51.80% This company operates in the field of mobile services in the Kuwaiti market Kuwait Kuwait
stc Turkey Holdings Limited (stc Turkey) 100.00% It is a special purpose entity that established to provide services and support required in respect of investment activities of the Group British Virgin Islands British Virgin Islands
stc Asia Telecom Holdings Limited (stc Asia) 100.00% It is a special purpose entity that established to provide services and support required in respect of investment activities of the Group British Virgin Islands British Virgin Islands
stc Gulf Investment Holding (stc Gulf) 100.00% It is a special purpose entity that provide services and support required in respect of investment activities of the Group Bahrain Bahrain
.stc GCC Cables System W.L.L 100.00% The company main activities include the sale and installation of telecommunications equipment and the construction of utilities projects Bahrain Bahrain
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