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Arabian Internet And Communications Services Company JSC (Saudi Arabia)

Main Activities: Wired and Wireless Telecommunications Carriers
Full name: Arabian Internet And Communications Services Company JSC Profile Updated: March 13, 2024
Buy our report for this company USD 29.95 Most recent financial data: 2023 Available in: English Download a sample report

Arabian Internet and Communication Services Company JSC is a Saudi Joint Stock Company based in Riyadh, Saudi Arabia. It was incorporated on 8 Dhul-Qadah 1423H (corresponding to 11 January 2003) and has its registered office located in Riyadh. In December 2020, the company changed its legal status from a limited liability company to a Saudi Closed Joint Stock company. The company completed its initial public offering in September 2021 and its shares began trading on September 30, 2021. The company is primarily engaged in various activities, including the extension, installation, management, and monitoring of computer networks, wiring, and communications. It also provides repair and maintenance services for engines, systems, and data storage devices. Additionally, the company is involved in road repair, maintenance, and supplies, as well as the installation and maintenance of security devices. It offers wholesale and retail services for security devices, cyber security, and systems analysis. The company is also involved in the design and programming of special software and applications development, as well as senior management advisory services. Furthermore, the company is engaged in environmental activities, including advisory services, testing, and measuring environmental indicators. It operates air laboratories, conducts installation, repair, maintenance, and environmental monitoring and control operations of continuous and discontinuous systems. The company also imports and wholesales environmental monitoring and control systems. The company is 79% owned by Saudi Telecom Company (STC), with the parent company of STC being the Public Investment Fund (PIF), which owns 64% of its ordinary shares. The main markets and customers of the company are not mentioned in the source of the summary.

Headquarters
Building: Akaria Plaza 2, Street: Al Olaya Street Floor: 3Rd And 4Th Floor, P.O. Box: 50
Riyadh; Al-Riyadh; Postal Code: 11372

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Website: http://www.solutions.com.sa

Basic Information
Total Employees:
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Outstanding Shares:
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Financial Auditors:
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Incorporation Date:
2003
Key Executives
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Chairperson
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Vice Chairperson
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Director / Member of the Management Board
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Director / Member of the Management Board
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Director / Member of the Management Board
Ownership Details
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97%
Subsidiaries
Contact Center Company
100%
Sanad Alteqany For Commercial Services Company
100%
Saudi Telecom Company Solution For Information Technology (Egypt)
100%
Company Performance
Financial values in the chart are available after Arabian Internet And Communications Services Company JSC report is purchased.
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Key Financial Highlights
Annual growth percentages for latest two years in local currency SAR. Absolute financial data is included in the purchased report.
Net sales revenue
25.39%
Total operating revenue
25.71%
Operating profit (EBIT)
35.24%
EBITDA
32.72%
Net Profit (Loss) for the Period
13.42%
Total assets
11.54%
Total equity
18.07%
Operating Profit Margin (ROS)
1.03%
Net Profit Margin
-1.14%
Return on Equity (ROE)
-1.46%
Debt to Equity Ratio
-3.34%
Quick Ratio
0.05%
Cash Ratio
0.02%

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