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Arabian Internet and Communications Services Co.

7202
SOLUTIONS
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  • Main Market
  • Software & Services     

Stats Overview

  • Prev. Close 286.80
  • Open 286.80
  • High 288.20
  • Low 285.40
  • No. of Trades 4,279
  • Avg. Trade size* 26
  • Volume Traded 112,684
  • Value Traded (SAR) 32,367,725.80

Performance

SOLUTIONS
1.20 ( 0.42% )
Compare
Name Price Change %
Arabian Internet and Communications Services Co. 286.80 0.42%
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
288.00
% Change
0.42
Volume Traded
25

Best Bid

Price 287.20
Volume 20

Best Offer

Price 288.00
Volume 8,796

52 WEEK

High
409.80
2024/03/20
Low
250.00
2024/11/17
Change**
-8.57

PERFORMANCE

Start of Year
347.8
Year ago
315
3 Years ago
190

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Announcements

  • Arabian Internet and Communications Services Company (solutions) invites its shareholders to attend the Ordinary General Assembly meeting (first meeting)

    7202
    SOLUTIONS 0.42 %
    1446/05/25     27/11/2024 08:03:01
  • Arabian Internet and Communications Services Company (solutions) announces that its subsidiary, Contact Center Company (CCC), has signed a bank facilities in compliant with the provisions of Islamic Sharia with Riyad Bank

    7202
    SOLUTIONS 0.42 %
    1446/05/24     26/11/2024 08:01:00
  • Arabian Internet and Communications Services Company (solutions) announces its interim condensed consolidated financial results for the period ending on 30-09-2024 (nine months)

    7202
    SOLUTIONS 0.42 %
    1446/04/24     27/10/2024 15:34:22
  • Arabian Internet and Communications Services Company (solutions) announces the latest developments regarding the signing of a joint venture agreement with Jeddah Development and Urban Regeneration Company (Jedco) to establish a limited liability company

    7202
    SOLUTIONS 0.42 %
    1446/04/17     20/10/2024 07:31:37
  • Arabian Internet and Communications Services Company (solutions) announces the signing of a contract with Saudi Telecom Company (stc) (Related Party)

    7202
    SOLUTIONS 0.42 %
    1446/04/13     16/10/2024 08:00:04
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Corporate Actions

Upcoming Events

    Past Events

      Jump To :
      • Announcements & Corporate Actions
      • Dividends
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      Dividends

      Announced Date Eligibility Date Distribution Date Distribution Way Dividend Amount
      15/02/2024 29/05/2024 26/06/2024 Account Transfer 6.00
      16/02/2023 09/05/2023 28/05/2023 Account Transfer 5.00
      15/02/2022 29/05/2022 15/06/2022 Account Transfer 4.00

      CompanyProfilev2Financials

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      Financials

      • FINANCIAL INFORMATION
      • FINANCIAL STATEMENTS AND REPORTS
      • Annually
      • Quarterly
      Balance Sheet 2023-12-31
      Total Assets
      11,516,244
      - - -
      Total Liabilities
      8,163,690
      - - -
      Total Shareholders Equity (After Deducting the Minority Equity)
      3,323,963
      - - -
      Total Liabilities and Shareholders Equity
      11,516,244
      - - -
      Statement of Income 2023-12-31
      Total Revenue (Sales/Operating)
      11,040,493
      - - -
      Net Profit (Loss) before Zakat and Tax
      1,404,726
      - - -
      Zakat and Income Tax
      -209,581
      - - -
      Net Profit (Loss) after Zakat and Tax
      1,192,148
      - - -
      Total Comprehensive Income
      1,098,989
      - - -
      Profit (Loss) per Share
      10.02
      - - -
      Cash Flows 2023-12-31
      Net Cash From Operating Activities
      1,715,337
      - - -
      Net Cash From Investing Activities
      1,036,159
      - - -
      Net Cash From Financing Activities
      -688,976
      - - -
      Cash and Cash Equivalents, Beginning of the Period
      543,976
      - - -
      Cash and Cash Equivalents, End of the Period
      2,588,169
      - - -
      All Figures in Thousands
      All Currency In SAR
      Last Update Date 2024-02-20

      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 2024-09-30 2024-06-30 2024-03-31 2023-09-30
      Total Assets
      10,982,164
      10,229,910
      11,101,431
      10,830,180
      Total Liabilities
      7,281,478
      6,969,095
      7,564,601
      7,630,487
      Total Shareholders Equity (After Deducting the Minority Equity)
      3,683,203
      3,243,867
      3,524,907
      3,175,010
      Total Liabilities and Shareholders Equity
      10,982,164
      10,229,910
      11,101,431
      10,830,180
      Statement of Income 2024-09-30 2024-06-30 2024-03-31 2023-09-30
      Total Revenue (Sales/Operating)
      2,753,159
      2,771,469
      2,808,648
      2,794,638
      Net Profit (Loss) before Zakat and Tax
      431,403
      477,780
      349,927
      438,335
      Zakat and Income Tax
      31,597
      -21,070
      228
      -54,004
      Net Profit (Loss) after Zakat and Tax
      463,498
      452,791
      353,336
      386,645
      Total Comprehensive Income
      436,955
      430,867
      198,379
      384,094
      Profit (Loss) per Share
      3.89
      3.81
      2.97
      3.25
      Cash Flows 2024-09-30 2024-06-30 2024-03-31 2023-09-30
      Net Cash From Operating Activities
      561,208
      -477,623
      -1,431,391
      677,884
      Net Cash From Investing Activities
      -422,092
      648,284
      -263,394
      1,425,817
      Net Cash From Financing Activities
      -778,321
      -785,493
      17,466
      -678,624
      Cash and Cash Equivalents, Beginning of the Period
      2,588,169
      2,588,169
      2,588,169
      543,976
      Cash and Cash Equivalents, End of the Period
      1,893,514
      1,915,361
      857,937
      1,949,260
      All Figures in Thousands Thousands Thousands Thousands
      All Currency In SAR SAR SAR SAR
      Last Update Date 2024-10-29 2024-07-30 2024-05-13 2023-10-31

      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.

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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
      2024-12-05 عمر عبدالله عمر النعماني Senior Executives 0.0081742% 0.0081742% 0
      2024-12-05 عبدالرحمن حمد محمد الربيع Senior Executives 0.0016375% 0.0016375% 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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      Arabian Internet and Communications Services Co.
      Price 288.00
      Market Cap (SAR MN) 34,560
      P/E Ratio 24.15
      Index Name Index Level 1D Return
      Arabian Internet and Communications Services Co. %
      Jump To:
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      Company Profile

      Company overview

      In accordance with the company''s bylaws, the company''s activities comprise the following: 1. Information and communication 2.Other service activities 3. Telecommunication wiring 4. Internet, computer and telecommunication networking wiring 5. Installation and maintenance of security devices 6. Provision of upper management consulting services 7. Construction. The Company''s activities according to its commercial registration, include: 1. Telecommunication wiring 2. Networking wiring 3. Computer and telecommunication networking wiring 4. Installation and maintenance of security devices 5. Provision of upper management consulting services.

      Company History

      The Company was established on 08/11/1423H (corresponding to 11/01/2003G) as a limited liability company with a fully paid-up capital of ten million Saudi riyals (SAR 10,000,000), divided into ten thousand (10,000) equal cash shares with a fully paid nominal value of one thousand Saudi riyals (SAR 1,000) per share. The Company was registered in Riyadh under Commercial Registration No. 1010183482 dated 08/11/1423H (corresponding to 11/01/2003G). Since Inception, the company''s capital has been increased several times. The capital was first increased, by virtue of a partners'' resolutions amending the company''s memorandum of Association on 14/04/1432H (corresponding to 19/03/ 2011G) from ten million Saudi riyals (SAR 10,000,000) to one hundred million Saudi Riyals (SAR 100,000,000), divided into ten million (10,000,000) equal cash shares with a nominal value of ten Saudi riyals (SAR10) per share. the increase of ninety million Saudi riyals (SAR90,000,000) was covered through the current account of partners. By virtue of partners'' resolution amending the company''s memorandum of association on 01/04/1442H (corresponding to 16/11/2020G), the company''s capital was increased from one hundred million Saudi riyals (SAR 100,000,000) to one billion, two hundred million Saudi riyals (SAR 1,200,000,000) divided into one hundred twenty million (120,000,000) equal cash shares with a nominal value of ten Saudi riyals (SAr10) per share. The increase of one billion, one hundred million Saudi riyals (SAR 1,100,000,000) was covered through capitalization of the retained earnings. On 16/05/1442H (corresponding to 31/12/2020G) the company was converted from a limited liability company o a closed joint stock company with a fully paid -up capital of one billion, two hundred million Saudi riyals (SAR1,200,000,000), divided into one hundred twenty million (120,000,000) ordinary shares with a fully paid nominal value of ten Saudi riyals (SAR10) per share, pursuant to Ministry of Commerce resolution No. 144 dated 08/05/1442H (corresponding to 23/12/2020G)

      Company Bylaws

      Click here

      Equity Profile

      • Authorized Capital (SAR) 1,200,000,000
      • Issued Shares 120,000,000
      • Paid Capital (SAR) 1,200,000,000
      • Par Value/Share 10
      • Paid Up Value/Share 10

      Last Update :2021-09-29

      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

        2003/01/11

      • Financial Year End

        31/12

      • Listing Date

        2021/09/30

      • External Auditors

        [EY]

      • ISIN CODE

        SA15CIBJGH12

      • Number of Employees

        1500

      • Chairman

        Riyadh Saeed Sadeq Muawad
        Non - Executive

        Riyadh Saeed Sadeq Muawad
        • BD Session Start
          2020-12-22
          Designation
          Chairman
        • BD Session End
          2025-12-21
          Classification
          Non - Executive
        • Qualification
          Bachelor degree in Computer Science, Boston University, USA, 2005G
        Companies Membership
        • Memebrship Name
          Public Telecommunication company
          Start Date
          2019-09-01
        • Memebrship Character
          Chairman
          End Date
          -
      • Board of Directors

        Haithem Mohammed Mujil AlFaraj Non - Executive

        Haithem Mohammed Mujil AlFaraj
        • BD Session Start
          2020-12-22
          Designation
          Board of Directors
        • BD Session End
          2025-12-21
          Classification
          Non - Executive
        • Qualification
          Bachelor's degree in Applied Computer Engineering, KFUPM, KSA, 2001G
        Companies Membership
        • Memebrship Name
          Saudi Telecom Company Advanced Technology and Cybersecurity Company
          Start Date
          2020-01-01
        • Memebrship Character
          Chairman
          End Date
          -
        • Memebrship Name
          Telecommunication Tower Co. Ltd (TAWAL)
          Start Date
          2021-01-01
        • Memebrship Character
          Director
          End Date
          -

        Emad Oudah Abdullah AlOudah Non - Executive

        Emad Oudah Abdullah AlOudah
        • BD Session Start
          2020-12-22
          Designation
          Board of Directors
        • BD Session End
          2025-12-21
          Classification
          Non - Executive
        • Qualification
          Diploma in Management, Institute of Management, UK, 2002G. Bachelor's degree in Information Systems, King Saud University, KSA, 1996G
        Companies Membership
        • Memebrship Name
          NAQEL
          Start Date
          2020-09-01
        • Memebrship Character
          Director
          End Date
          2021-09-01
        • Memebrship Name
          Arab Satellite Communications Organization (Arabsat)
          Start Date
          2014-01-01
        • Memebrship Character
          Director and Executive Committee Member
          End Date
          -

        Omar Abdulaziz Nasser AlShabibi Non - Executive

        Omar Abdulaziz Nasser AlShabibi
        • BD Session Start
          2020-12-22
          Designation
          Board of Directors
        • BD Session End
          2025-12-21
          Classification
          Non - Executive
        • Qualification
          Bachelor's degree in Accountancy, King Saud University, KSA, 1998G
        Companies Membership
        • Memebrship Name
          stc Gulf Investment Holding 2
          Start Date
          2019-06-01
        • Memebrship Character
          Director
          End Date
          -
        • Memebrship Name
          Telecom Commercial Investment Company Limited
          Start Date
          2019-06-01
        • Memebrship Character
          Director
          End Date
          -
        • Memebrship Name
          Safayer Company Ltd
          Start Date
          2015-06-01
        • Memebrship Character
          Director
          End Date
          2021-12-31

        Mathad Faisal Mathad AlAjmi Non - Executive

        Mathad Faisal Mathad AlAjmi
        • BD Session Start
          2020-12-22
          Designation
          Board of Directors
        • BD Session End
          2025-12-21
          Classification
          Non - Executive
        • Qualification
          Master of Laws in International Intellectual Property Law, Illinois Institute of Technology, USA, 2004G Bachelor's degree in Law, King Saud University, KSA, 2001G
        Companies Membership
        • Memebrship Name
          Pearl Initiative
          Start Date
          2018-09-01
        • Memebrship Character
          Director
          End Date
          -
        • Memebrship Name
          Integral
          Start Date
          2021-06-01
        • Memebrship Character
          Director
          End Date
          -

        Mohammed Abdullah Hassan AlAbbadi Non - Executive

        Mohammed Abdullah Hassan AlAbbadi
        • BD Session Start
          2020-12-22
          Designation
          Board of Directors
        • BD Session End
          2025-12-21
          Classification
          Non - Executive
        • Qualification
          MBA, IE University, Spain, 2012G Bachelor's degree in Systems Engineering, KFUPM, KSA, 1999G
        Companies Membership
        • Memebrship Name
          Saudi Volunteer Organization (Takatuf)
          Start Date
          2020-06-01
        • Memebrship Character
          Director
          End Date
          -
        • Memebrship Name
          Public Telecommunication Company
          Start Date
          2020-06-01
        • Memebrship Character
          Director
          End Date
          -
        • Memebrship Name
          Cura
          Start Date
          2016-06-01
        • Memebrship Character
          Director
          End Date
          -

        Mohammed Abdullah Mohammed Al-Asiri Independent

        Mohammed Abdullah Mohammed Al-Asiri
        • BD Session Start
          2020-12-22
          Designation
          Board of Directors
        • BD Session End
          2025-12-21
          Classification
          Independent
        • Qualification
          Master's degree in Computer Engineering, Syracuse University, USA, 1991G Bachelor's degree in Computer Engineering, King Saud University, KSA, 1987G

        Abdullatif Ali Abdullatif Al-Saif Independent

        Abdullatif Ali Abdullatif Al-Saif
        • BD Session Start
          2020-12-22
          Designation
          Board of Directors
        • BD Session End
          2025-12-21
          Classification
          Independent
        • Qualification
          MBA Majorning In Finance, Boston University, USA, 2006G. Master's degree in Economics, Boston University, USA, 2006G. BBA, Boston University, USA 2001G
        Companies Membership
        • Memebrship Name
          Sabeen Investment Company
          Start Date
          2021-01-01
        • Memebrship Character
          Managing Director
          End Date
          -
        • Memebrship Name
          Arabian Cement Company (Acc)
          Start Date
          2018-01-01
        • Memebrship Character
          Director
          End Date
          -
        • Memebrship Name
          Raidah Investment Company
          Start Date
          2018-01-01
        • Memebrship Character
          Director
          End Date
          -
        • Memebrship Name
          National Petrochemical Company (Petrochem)
          Start Date
          2019-01-01
        • Memebrship Character
          Managing Director
          End Date
          -
        • Memebrship Name
          Wisayah Global Investment Company
          Start Date
          2019-01-01
        • Memebrship Character
          Director
          End Date
          -
        • Memebrship Name
          Al Rajhi Bank
          Start Date
          2017-01-01
        • Memebrship Character
          Director
          End Date
          -

        Fahad Suleiman Mohammed AlAmoud Independent

        Fahad Suleiman Mohammed AlAmoud
        • BD Session Start
          2020-12-22
          Designation
          Board of Directors
        • BD Session End
          2025-12-21
          Classification
          Independent
        • Qualification
          Bachelor's degree in Information Systems, King Saud University, KSA, 1999G
        Companies Membership
        • Memebrship Name
          The Saudi international Company for completion and follow-up of visa procedure and approvals for embassies
          Start Date
          2021-09-01
        • Memebrship Character
          Director
          End Date
          -
      • Senior Executives

        Omer Abdullah Omer Alnomany CEO

        Omer Abdullah Omer Alnomany
        • BD Session Start
          2017-10-01
          Designation
          Senior Executives
        • BD Session End
          -
          Classification
          CEO
        • Qualification
          Senior Executive Leadership Program, Harvard University, USA, 2020G. Bachelor's degree in Computer Engineering, King Saud University, KSA, 1994G
        Companies Membership
        • Memebrship Name
          Kuwait Telecom Company (stc)
          Start Date
          -
        • Memebrship Character
          Director
          End Date
          -

        Abdulrahman Hamad Mohammed AlRubaia CFO

      Abdulrahman Hamad Mohammed AlRubaia
      • BD Session Start
        2018-07-04
        Designation
        Senior Executives
      • BD Session End
        -
        Classification
        CFO
      • Qualification
        Bachelor's degree in Accountancy, King Saud University, KSA, 2003G

      Investor Relations

      Contact Name:

      Investor Relations Department

      Company Address:

      Po Box50, Riyadh 1137, KSA

      Contact Details:

      Telephone: +966115251111
      Fax : +966114601119
      Email : IR@solutions.com.sa

      Company Website:

      https://Solutions.com.sa/


      Name Of Subsidiary Percentage Of Property Main Business Location Of Operation Country Of Operation
      STCS for IT 100.00% IT Egypt Egypt
      Giza Systems Company 88.19% IT and System Integrator Kingdom of Saudi Arabia & Egypt Egypt
      Contact Center Company (CCC) 100.00% Contact Services Kingdom of Saudi Arabia Kingdom of Saudi Arabia
      Devoteam Middle East Company 40.00% Digital consultancy and Transformation services Kingdom of Saudi Arabia & United Arab Emirates United Arab Emirates
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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.