Saudi Automotive Services Company (TADAWUL: 4050)
Saudi Arabia flag Saudi Arabia · Delayed Price · Currency is SAR
77.50
-0.20 (-0.26%)
Nov 21, 2024, 3:13 PM AST

Saudi Automotive Services Company Company Description

Saudi Automotive Services Company owns and operates a network of vehicle service stations in Saudi Arabia.

It operates through Retail and Operation, Saudi Club, Transportation and Fleet, and Others segments. The company offers car maintenance and repair services; operates an automobile club for issuing international driving licenses; fuel and water transportation services; owns, develops, purchases, sells, and leases land and other real estate properties; issues custom traffic document; and operates rest houses, motels, and restaurants.

It also imports and sells foodstuffs, drinks, refreshments, and raw materials; and supplies beverages.

In addition, the company imports and sells equipment and tools, cars, and spare parts; participates in local and international clubs for cars and motorcycles; manages, maintains, and operates motorsports and motocycle circuits; organizes races and events to motorsports andmotorcycles; establishes workshops for repair of cars, heavy equipment, and service stations; provide meals, drinks, and refreshment for travelers; washes and lubricates cars and equipment; constructs roads and bridges; and transports and distributes water; transports refrigerator and frozen goods, liquids and gases, and cars; hotel; management activities of properties against commission and real estate registration service.

Further, the company undertakes contracts for establishment, management, maintenance, leasing, and operation of the residential and commercial buildings, and road works; and offers financial and marketing services; catering; and retail sale of food and beverages, as well as operates fuel station and related activities.

Saudi Automotive Services Company was incorporated in 1982 and is headquartered in Riyadh, Saudi Arabia.

Saudi Automotive Services Company
Country Saudi Arabia
Founded 1982
Industry Specialty Retail
Sector Consumer Discretionary
CEO Riyadh Bin Saleh Al-malik

Contact Details

Address:
Building No. 4870
Riyadh, 12411
Saudi Arabia
Phone 920000581
Website sasco.com.sa

Stock Details

Ticker Symbol 4050
Exchange Saudi Stock Exchange
Fiscal Year January - December
Reporting Currency SAR
ISIN Number SA0007870070
SIC Code 7500

Key Executives

Name Position
Riyadh Bin Saleh Al-malik Chief Executive Officer
Islam Muhammad Ahmed Chief Financial Officer
Saud Al-Otaiby Chief Operating Officer
Abdul Ahmad Head of Investor Relations