- SECO

Saudi Stock Exchange (Kingdom of Saudi Arabia)
16.46 Last Update 25/09/2018 16:51 KSA
× lblWarning! {{companyMessage}}
  • :16.52
  • :16.2
  • ('000):4,166,594
  • (SAR '000):68,582,137
  • :0.81


  • 1,845,987
  • :1,188,517
  • :1.55
  • 52-W L52-W H
    16.46
    15.9425.85
  • 36.32%
  • 3.26%


  • 1,250

  • (SAR):

    30,283,222.02
  • (SAR):21,772,621
  • :1.39
  • Performance Comparison

Activities

Saudi Electricity Company (SEC) is a joint stock company with a monopoly on the generation, transmission and distribution of electric power in Saudi Arabia. SEC owns and operates 45 power generation plants in the country. It was formed in 2000 as a joint stock company with a paid up capital of more than SR 41 billion, when the Council of ministers merged Saudi electricity companies that were working in central, eastern, western and southern regions along with 10 other companies working in the northern region. General Electricity Corporation was also merged into this new entity. In 2002, the company underwent restructuring after which specialized business units were launched, namely Generation, Transmission &Distribution, Customer Services, Shared Business and Support Services. National Grid SA is a limited liability company, working under SEC and is tasked with electricity transmission in the kingdom. Energy trading and new ventures business lines were launched in 2014. SEC has expanded its business activities and revenue streams by launching specialized companies like Dawiyat working in fiber optics and electric networks communication. Electricity Sukuk Company provides services and support for local bonds. Saudi ElectricityGlobal Sukuk Company issues international bonds and Sukuk (Islamic bonds). Lastly, The Green Saudi Company for Carbon Devices develops and manages carbon emission reduction, corresponding systems and CDM projects. SEC has 6 different Research and Development centers working in different categories and fields to enhance the performance and profitability of the company. Their focus ranges from smart grid stations to digital simulation and from fuel efficiency to renewable energy.

  • Chairman:
    Khalid S. Al Sultan
  • Vice-chairman:
    Najm A. Al Zaid
  • CEO:
    Ziyad M. Al Shiha
  • Board Members:

    Abdulaziz F. Al-Khayyal

    Abdulkareem A. Al Ghamdi

    Abdulmalik A. Al Hoqail

    Gerard Mestrallet

    Issam A. Al Bayat

    Raed N. Al Rayes

    Rashid I. Shareef

  • Auditors:

    Ernst & Young

Saudi Electricity Announces a Successful Closing of a USD2.0 bil Dual Tranche International Sukuk Issuance (Tadawul - 25/09/2018)

With reference to the Saudi Electricity Company (SEC) announcement published on Tadawul on 03/01/1440HD ...

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Saudi Electricity Co second quarter net profit falls 17.3% (Gulf News - 30/07/2018)

Saudi Electricity Co (SEC), the Gulf’s largest utility firm, reported a 17.3 per cent drop in second-quarter ...

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SEC, GE stress on long-standing partnership (Trade Arabia - 23/07/2018)

Saudi Electricity Company (SEC) and GE, in a statement, have stressed on the importance of their long-standing ...

Read More ...

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Announced On Period As Of Net Profit (SAR Mil) Growth (%)
29/07/2018 6-Month 30/06/2018 633 -91.17
08/05/2018 3-Month 31/03/2018 -1,214 0
21/03/2018 12-Month 31/12/2017 6,908 51.99
06/11/2017 9-Month 30/09/2017 12,429 95.06
19/07/2017 6-Month 30/06/2017 7,167 396.33
Market Cap
US$ Mil
Last Price
Local Cry
Price Change (%)
1 Day
Price Change (%)
1 Year
P/E TTM P/B MRQ Dividend Yield (%) Beta ROA (%) ROE (%)
SECO 18,285.61 16.46 1.35 -30.98 183.93 0.89 4.25 0.81 1.83 10.54
QEWS 5,727.06 191 0.73 7.42 12.89 2.32 3.83 0.62 10.23 0
TAQA 1,865.82 1.13 0 68.66 21.04 2.06 0 0.74 -17.21 -532.15
NGIC 540.26 27 1.31 -16.98 21.31 1.72 5.18 0.6 11.39 15.5
PHPC 436.16 0.12 0 -5.74 10.18 0.99 0 0.71 3.07 0
APBS 323.62 0.78 0 0.52 18.1 2.07 0 0.1 5.63 15.85
SMNP 309.57 0.6 0 -11.01 13.59 3.12 4.37 -0.03 4.06 24.19
SUWP 216.75 0.12 -1.71 -15.83 10.26 0.89 0 0.35 1.98 6.54
BATP 211.76 0.12 -2.48 -7.63 10 0.94 0 0.3 1.67 5.61
KPCS 94.84 0.38 0 21.79 16.03 1.25 0 0.06 5.24 6.52
SHPS 65.33 0.11 0 -26.45 5.28 0.84 3.35 0.15 1.26 6.04
ONES 48.21 0.17 0 23.09 12.9 0.72 4.61 0.49 2.38 8.65
UECS 17.84 3.44 0 -3.1 32.3 4.48 5 0.21 29.42 38.56