Saudi Automotive Services Company (4050.SR) SAU
Currency In SAR
- General
- Statistics
- Historical Data
- Profile
- Financials
Saudi Automotive Services Company
Address
Building No. 4870
Riyadh, Riyadh Province 12411
Saudi Arabia
Phone
966 11 206 8855
Website
Sector
Consumer Cyclical
Industry
Specialty Retail
Employees
1950
First IPO Date
March 04, 2010
Key Executives
| Name | Title | Pay | Year Born |
| Riyadh Bin Saleh Hamad Almalik | Chief Executive Officer & Director | 541,632 | 1967 |
| Mamdouh Al-Rakhimi | Chief Executive Officer of Oil Services Company | 0 | N/A |
| Sultan Bin Mohammed Alhudaithi | MD & Deputy Chairman of the Board | 4.64M | N/A |
| Islam Muhammad Khairi Ahmed | Chief Financial Officer | 0 | N/A |
| Saud Sulieman Al-Otaiby | Director of the Operations Department | 0 | N/A |
| Mustafa Mansour Hassan | Technical Affairs Manager | 0 | N/A |
| Abdul Azeem Ahmad | Investor Relations Manager | 0 | N/A |
| Hassan Al-Manasif | Executive Director of the Saudi Automobile & Touring Club | 0 | N/A |
| Mohammed Al Deeb | General Manager of Fleet Transport Company | 0 | N/A |
| Saleh Al-Dossary | Human Resources Manager | 0 | N/A |
Description
Saudi Automotive Services Company (SASCO), established in 1981 and headquartered in Riyadh, Saudi Arabia, operates as a multifaceted service provider with a diverse portfolio. Its primary business involves managing a comprehensive network of automotive service stations throughout Saudi Arabia, offering vehicle maintenance, repair, and fuel and water transportation services. These stations are equipped with various amenities for travelers, including restrooms, motels, restaurants, and provisions for meals, drinks, and refreshments, alongside car washing and lubrication facilities. Beyond its core service station operations, SASCO is deeply involved in various other automotive sectors. This includes running an automobile association responsible for issuing international driving licenses and customs transit books. The company also imports and sells vehicles, spare parts, tools, and equipment. Furthermore, SASCO actively participates in and manages local and international car and motorcycle clubs, circuits for motorsports, and organizes racing events. SASCO's ventures extend significantly into real estate, where it engages in the acquisition, development, purchase, sale, and leasing of land and properties. The company also undertakes contracts for the construction, management, maintenance, and operation of both residential and commercial buildings, as well as road construction and infrastructure projects, including bridges. Additionally, the company diversifies its revenue through the import and supply of foodstuffs, beverages, and raw materials. Saudi Automotive Services Company also provides financial services.