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Saudi Azm For Communication And Information Technology A JSC (Saudi Arabia)

Main Activities: All Other Telecommunications
Full name: Saudi Azm For Communication And Information Technology A 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

The company aiming at providing innovative solutions to projects with qualitative impact in the fields of information technology and executive consulting.
The Company's Vision is Help people better with technology and best business practices
The Company's Mission is to be a preferred partner for clients in providing information technology services and executive consulting, And to be a main pillar contributing to the Kingdom s achievement of a thriving economy, a vibrant society and an ambitious homeland, And that is by focusing on qualitative projects with high impact, which are implemented with high efficiency and flexibility.
The company is looking forward to being the preferred business partner in providing information technology services and consultancy and to being a pillar of contribution to the Kingdom s realization of a thriving economy, vibrant society, and ambitious nation through focusing on delivering qualitative projects that are executed with efficiency and high flexibility.
The company was established in 2017, and listed on the saudi stock exchange on 1 March 2022, Saudi Closed Joint Stock Company registered in the Kingdom of Saudi Arabia on 11 Rabi' I 1439H (corresponding to 29 November issued at Riyadh.2017) under Commercial Register No.1010918075
The main activities of the Company include the sale of wired and wireless equipment, repair and maintenance of personal and portable computers of all types and sizes, systems analysis,
consulting services for senior management.
The shareholders decided on 22 Shawwal 1442H (corresponding to 3 June 2021) to change the legal structure of the Company from a limited liability company to a closed joint stock company. Moreover, the shareholders decided on 9 Sha'aban 1442H (corresponding to 22 March 2021) to increase its share capital to SR 30 million by transferring SR 29.5 million from retained earnings
account to the share capital account. The Company completed all legal formalities and updated the company's commercial registration and bylaws
The Company Announced that the headquarter has moved to the new location at the following address:
Laysen Valley - Building 23 – King Khalid Rd – Riyadh City. The relocation will be on Sunday 14-10-1443 Corresponding to 15-05-2022.
Keeping the phone number as it is according to the following: Phone: 0112884141

Headquarters
Laysen Valley - Building 23 - King Khalid Rd
Riyadh; Al-Riyadh; Postal Code: 12334

Contact Details: Purchase the Saudi Azm For Communication And Information Technology A JSC report to view the information.

Website: http://www.azm-sa.com

Basic Information
Outstanding Shares:
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Financial Auditors:
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Incorporation Date:
November 29, 2017
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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Chief Executive Officer
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Vice Chief Executive Officer
Ownership Details
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21%
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20.975%
Subsidiaries
Azm Software Development Company Limited Liability Company (Egypt)
Azm Tajrubah For Information Technology Company
Company Performance
Financial values in the chart are available after Saudi Azm For Communication And Information Technology A 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
24.78%
Total operating revenue
25.24%
Operating profit (EBIT)
27.22%
EBITDA
28.97%
Net Profit (Loss) for the Period
25.52%
Total assets
47.64%
Total equity
33.7%
Operating Profit Margin (ROS)
0.21%
Net Profit Margin
0.07%
Return on Equity (ROE)
-2.26%
Debt to Equity Ratio
8.02%
Quick Ratio
-0.48%
Cash Ratio
-0.29%

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