XSAU
4050
Market cap1.26bUSD
Nov 12, Last price
67.55SAR
Name
Saudi Automotive Services Co SJSC
Chart & performance
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Profile
Saudi Automotive Services Company (SASCO), established in 1981 and headquartered in Riyadh, Saudi Arabia, operates as a multifaceted service provider with a diverse portfolio. Its primary business involves managing a comprehensive network of automotive service stations throughout Saudi Arabia, offering vehicle maintenance, repair, and fuel and water transportation services. These stations are equipped with various amenities for travelers, including restrooms, motels, restaurants, and provisions for meals, drinks, and refreshments, alongside car washing and lubrication facilities. Beyond its core service station operations, SASCO is deeply involved in various other automotive sectors. This includes running an automobile association responsible for issuing international driving licenses and customs transit books. The company also imports and sells vehicles, spare parts, tools, and equipment. Furthermore, SASCO actively participates in and manages local and international car and motorcycle clubs, circuits for motorsports, and organizes racing events. SASCO's ventures extend significantly into real estate, where it engages in the acquisition, development, purchase, sale, and leasing of land and properties. The company also undertakes contracts for the construction, management, maintenance, and operation of both residential and commercial buildings, as well as road construction and infrastructure projects, including bridges. Additionally, the company diversifies its revenue through the import and supply of foodstuffs, beverages, and raw materials. Saudi Automotive Services Company also provides financial services.
Key people
Ibrahim Mohammed Al Hadithi
Non-Executive Chairman of the Board · since 2009
Islam Mohamed Khairy Ahmed
Chief Financial Officer · since 2016
Saud Sulaiman Al-otaibi
Chief Operating Officer · since 2022
Sultan bin Mohammed Al-Hadithi
Executive Vice Chairman of the Board, Managing Director · since 2024
Riyad bin Saleh Al Malek
Chief Executive Officer, Executive Director · since 2020
Mohammed Abu Saree Al-deeb
General Manager - Ostool Al Naqil Company · since 2021
Turki Abdullah Saleh Aljawini
Director · since 2024
Nasser bin Abdullah Al-Auf
Non-Executive Director · since 2022
Majid bin Mohammed Al-Othman
Non-Executive Director · since 2021
Yousef bin Hamad Al-Yousif
Non-Executive Independent Director · since 2022
Ali bin Mohammed Aba Al-Khail
Non-Executive Independent Director · since 2015
Majid bin Nasser Al-Subaie
Non-Executive Independent Director · since 2022
Valuation
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