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Saudi Cable Co.
Companies with accumulated losses reaching 50% or more of its capital'
- Main Market
- Capital Goods
Stats Overview
-
Prev. Close 74.80
-
Open 74.80
-
High 75.20
-
Low 72.50
-
No. of Trades 719
-
Avg. Trade size* 84
-
Volume Traded 60,511
-
Value Traded (SAR) 4,454,905.40
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
- Announcements & Corporate Actions
- Dividends
- Financials
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- 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 Flows | 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 | 2024-06-30 | 2024-03-31 | 2023-09-30 | 2023-06-30 |
|---|---|---|---|---|
| Total Assets |
644,364
|
601,783
|
675,741
|
844,707
|
| Total Liabilities |
1,090,022
|
1,062,763
|
1,147,384
|
1,326,690
|
| Total Shareholders Equity (After Deducting the Minority Equity) |
-445,658
|
-460,980
|
-463,789
|
-474,323
|
| Total Liabilities and Shareholders Equity |
644,364
|
601,783
|
675,741
|
844,707
|
| Statement of Income | 2024-06-30 | 2024-03-31 | 2023-09-30 | 2023-06-30 |
| Total Revenue (Sales/Operating) |
10,118
|
12,572
|
3,472
|
3,873
|
| Net Profit (Loss) before Zakat and Tax |
13,568
|
-2,295
|
2,347
|
-2,946
|
| Zakat and Income Tax |
-1,700
|
-2,550
|
-2,750
|
-2,749
|
| Net Profit (Loss) after Zakat and Tax |
11,868
|
-4,845
|
-403
|
-5,695
|
| Total Comprehensive Income |
15,323
|
3,598
|
11,014
|
-17,720
|
| Profit (Loss) per Share |
1.78
|
-0.73
|
-0.56
|
-0.87
|
| Cash Flows | 2024-06-30 | 2024-03-31 | 2023-09-30 | 2023-06-30 |
| Net Cash From Operating Activities |
-16,804
|
-14,528
|
-9,975
|
3,656
|
| Net Cash From Investing Activities |
17,975
|
17,269
|
-186
|
- |
| Net Cash From Financing Activities |
89
|
- |
497
|
-2,579
|
| Cash and Cash Equivalents, Beginning of the Period |
7,848
|
7,848
|
27,002
|
27,002
|
| Cash and Cash Equivalents, End of the Period |
9,108
|
10,589
|
17,338
|
28,079
|
| All Figures in | Thousands | Thousands | Thousands | Thousands |
| All Currency In | SAR | SAR | SAR | SAR |
| Last Update Date | 2024-08-07 | 2024-05-27 | 2024-03-19 | 2024-02-25 |
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
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
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
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:
| 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 |
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.