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Business
SACO is an importer, exporter and seller of hardware, tools, houseware, furniture, among other things.
Overview
Saudi Company for Hardware (SACO) was set up in 1984 as a limited liability company with a capital of ten million riyals, then turned into a closed joint stock company in 2011.
The Riyadh-based firm specializes in the hardware retail and wholesale business. Its range of products includes hardware, tools, house-ware, furniture, sports-ware, accessories, among others.
Basic Information
| City: | Riyadh |
| Country | Saudi Arabia |
| Ownership Type: | Joint Stock |
| Establishment Date: | 1984 |
| Commercial Register: | 1010056595 |
| Website: | www.saco.sa |
| investors@saco-ksa.com | |
| Phone | +966 11 4993500 |
| Fax | +966 11 4993522 |
| Address | Unit No 117 - 2790 Prince Sultan bin Abdul Aziz Street - Northern Maather - Riyadh - 11622 |
| PO Box | 86387 |
Financials Highlights (M )
Company Size
Trading Data
| Stock Market : | TASI |
| Fiscal Year End : | December |
| Free Float (M) : | 32.423 |
| Free Float % : | 90.063 |
| Weight in Index % : | 0.039 |
| 3M Average Volume : | 107,251 |
| 3M Average Transactions : | 518 |
| Change(12M) % : | (9.333) |
Major Shareholders
| Name | Number of Shares (M) | Holding |
|---|---|---|
| Abdel Rahman Hassan Sharbatly | 6.426 | 17.85 % |
| Abrar International Holding Co. | 6.426 | 17.85 % |
| Al-Hamidi Contracting Co. | 4.342 | 12.06 % |
| Samir Muhammad Abdulaziz Al-Hamidi | 1.948 | 5.41 % |
Subsidiaries & Associates
| Company | Country | Percentage |
|---|---|---|
| Medscan Terminal | Saudi Arabia | 100.00 % |
Investments
| Company | Percentage |
|---|---|
| Ace International Hardware | 2.30 % |
Milestones
26-05-2014
Raised capital from SAR 16 mln to SAR 240 mln
30-04-2011
Became a closed joint stock company
30-12-1990
Raised capital from SAR 10 mln to SAR 16 mln
19-11-1981
Set up as a limited liability company with capital SAR 10 mln
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