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SECO - Saudi Electricity Co.   Discuss Recommendations
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Saudi Electricity Co. (SECO) 
Stock Market Saudi Stock Exchange
Official Sector Energy & Utilities (2)
Market Cap Size Large-Cap (17)
GulfBase Sector Utilities (10)
 

Stock Quote Fundamental Data Research Reports

Overview
Establishment Date: 14/12/1999
Paid-Up Capital (SAR): 41,665,938,150
Par Value Per Share (SAR): 10.00
No. of Employees: 28315
Major Shareholders
Saudi Government 74.30%
Saudi Arabian Oil Co. (ARAMCO) 6.90%
Activity
Saudi Electricity Co. is engaged in generating and distributing electricity power supply in the Kingdom of Saudi Arabia directly or through its wholly or partially owned subsidiaries.
Subsidiaries, Associates & Joint Ventures
Company
Electricity Co. for Sukuk
Rabigh Electric Co.
Water & Electricity Co.
GCC Interconnection Authority
Ras Al Zuwar Water & Electricity Co.
Al Shuaiba Holding Co.
Al Shuqaiq Water & Electricity Co.
Shuaiba Water & Electricity Co.
Al Jubail Water & Electricity Co.
more details

Corporate Announcements Company News
Net profit announced for the 9 months ending on 30/9/2009, SAR 1.67 billion, an increase of 11%. 19/10/2009
Net loss announced for the 1st Half of the year 2009, SAR 56 million, compare to net profit of SR 9.97 million for the same period last year. 19/07/2009
Net loss announced for the 1st Quarter of the year 2009, SR 771 million.19/04/2009
Cash dividend of SR 0.7 per share approved for the year 2008.07/04/2009
Cash dividend of SR 0.7 per share announced for the year 2008.25/02/2009
more...
$1bn solar plant to be set up in Jubail  (Arab News - 18/11/2009)
First Energy, PMD to set up polysilicon venture  (Trade Arabia - 17/11/2009)
ABB wins SR450m SEC deal to power women university  (Arab News - 12/11/2009)
SEC awards $64m power line contract   (Reuters - 28/10/2009)
Saudi Electricity to spend SR75bn on 6 IPP projects  (Arab News - 27/10/2009)
more...

Key People Contacts
Vice Chairman: Dr. Saleh H. Al-Awajji
CEO: Ali S. Al Barrak
Board Members: Abdulaziz S. Al Fareef
Dr. Abdullah M. Ba Sudan
Issam A. Al Biat
Khalid A. Al Sabti
Saleh S. Al Muhanna
Saoud M. Al Nimr
Sulaiman A. Al Kadi
Senior Management: Abdulsalam A. Alyamani - (Board Committee Secretary)
Auditors: Deloitte & Touche Bakr Abulkhair & Co.
E-mail Address: riecmg@se.com.sa
Website: http://www.se.com.sa
Postal Address: P.O. Box 22955 Riyadh 11416
Phone: +966 1 4053227
Fax: +966 1 4069015
 
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