Last SR12.76 SAR
Change Today +0.16 / 1.27%
Volume 1.4M
SCACO On Other Exchanges
Saudi Arabia
As of 9:30 AM 07/24/14 All times are local (Market data is delayed by at least 15 minutes).

saudi cable co (SCACO) Snapshot

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52 Week High
05/26/14 - SR15.15
52 Week Low
09/9/13 - SR11.40
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saudi cable co (SCACO) Details

Saudi Cable Company manufactures and markets electrical and telecom cables in Saudi Arabia and internationally. Its products comprise energy cables, overhead lines conductors, copper conductor and fiber optics communication cables, and metallic cables. The company also produces and supplies cable materials, such as copper rods, cable-grade plastics, and wooden reels; and engages in turnkey cable projects, including underground cable system, overhead transmission line, and telecommunication projects, as well as offers field support services. In addition, it supplies cable accessories consisting of terminations, joints, lugs, etc., as well as specialized electrical products, such as towers, insulators, OPGW, transformers, and switchgears. The company serves government agencies and public utilities, as well as customers in the power cables, telecables, materials, and installations market in approximately 60 countries. Saudi Cable Company was founded in 1975 and is based in Jeddah, Saudi Arabia.

Founded in 1975

saudi cable co (SCACO) Top Compensated Officers

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saudi cable co (SCACO) Key Developments

Saudi Cable Co. Reports Earnings Results for the Second Quarter and Six Months Ended June 30, 2014

Saudi Cable Co. reported earnings results for the second quarter and six months ended June 30, 2014. For the quarter, the company's net loss was SAR 50.6 million, compared to a net loss of SAR 131.75 million for the same quarter ended June 30, 2013. For the six months, the company's net loss was SAR 91.7 million, or SAR 1.21 loss per share, compared to a net loss of SAR 147.2 million, or SAR 1.94 loss per share, for the same period ended June 30, 2013.

Saudi Cable Company Announces Executive Changes

With reference to the deliberations of the meeting of the Board of Directors of Saudi Cable Company on 13 January 2014 and based on the Chairman decision on 19 January 2014, Saudi Cable Company announced the appointment of Mr. Dion Metzemaekers as the Company President effective February 1, 2014. Mr. Metzemaekers brings with him to SCC an experience of thirty two years, out of which fourteen years have been in the cable industry of which the last ten years, he has held chief executive roles at various global cable companies. The company expresses thanks and appreciation for the great effort put in by Eng. Abdullah Bukhari during his management of the company as Acting President; he will now resume his earlier responsibilities.

Saudi Cable Co Names Abdullah Ruhaimi as a Board Member

Saudi Cable Co announced that it has named Abdullah Ruhaimi as a board member, effective September 18, 2013. The newly-appointed board member will have a term until September 2014.


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Valuation SCACO Industry Range
Price/Earnings NM Not Meaningful
Price/Sales 0.5x
Price/Book 1.7x
Price/Cash Flow NM Not Meaningful
TEV/Sales 0.4x

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