Last SR37.00 SAR
Change Today -0.85 / -2.25%
Volume 1.2M
ALBABTAI On Other Exchanges
Saudi Arabia
As of 9:30 AM 07/23/14 All times are local (Market data is delayed by at least 15 minutes).

al babtain power & telecommu (ALBABTAI) Snapshot

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Day High
Day Low
52 Week High
05/18/14 - SR40.10
52 Week Low
07/30/13 - SR27.50
Market Cap
Average Volume 10 Days
Shares Outstanding
Dividend Yield

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al babtain power & telecommu (ALBABTAI) Details

Al-Babtain Power & Telecommunication Co. designs, manufactures, and sells power and telecommunication products worldwide. The company offers outdoor lighting products comprising lighting poles and luminaries for use in highways/road, area, sports/stadium, and airport/seaport lighting applications; and transmission and distribution products, such as transmission towers, transmission monopoles, distribution poles, and testing station services for use in high, medium, and low voltage over head transmission lines, as well as in testing high, medium, and low voltage transmission towers, monopoles, and distribution poles. It is also involved in engineering, manufacturing, and installing lattice type and monopole communication towers, including fixed line, GSM, microwave, roof top structures, antenna mounts, etc. In addition, the company provides galvanizing services to small customers, and large engineering and manufacturing companies in various industries comprising power transmission and distribution, pre-engineered, structural steel supplies in petrochemicals, oil and gas sector, telecommunications, irrigation, civil construction, etc. Al-Babtain Power & Telecommunication Co. is based in Riyadh, Saudi Arabia.

al babtain power & telecommu (ALBABTAI) Top Compensated Officers

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al babtain power & telecommu (ALBABTAI) Key Developments

Al- Babtain Power and Telecommunication Company Announces Earnings Results for the Year 2013

Al- Babtain Power and Telecommunication Company announced earnings results for the year 2013. The company registered an 31.2% year-on-year rise in net profit to SAR 102.7 million (USD 27.4 million/EUR 20.2 million) for 2013. The company attributed the increase to lower sales expenses, coupled with better prices of its products. The earnings per share (EPS) stood at SAR 2.41 in 2013, versus SAR 1.84 a year ago. The operating profit reached SAR 101.2 million.

Al- Babtain Power and Telecommunication Company Wins USD 40.5 Million Contract to Supply Transmission Poles to Saudi Electricity Co

Al- Babtain Power and Telecommunication Company will supply electricity transmission poles to Saudi state-run utility Saudi Electricity Co, under a SAR 152 million (USD 40.5 million /EUR 30.9 million) contract. The contract, to be carried out over a period of 12 months, is expected to have a positive impact on Al-Babtain's sales, starting fourth quarter of 2013.

Al- Babtain Power and Telecommunication Company Announces Executive Changes, Effective July 1, 2013

Al- Babtain Power and Telecommunication Company announced that the management board accepted the resignation of Wessa Hannawi Mikhail as CEO, effective July 1, 2013. The board also approved the appointment of Ahmed bin Ali al-Dakhil.


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