Saudi Electricity Company

5110

SA0007879550

Electric Utilities

End-of-day quote Saudi Arabian S.E. Other stock markets 06:00:00 2024-04-24 pm EDT			5-day change	1st Jan Change
19.36 ^SAR	0.00%		-2.81%	+2.00%

Apr. 04	Saudi Electricity Co. Fully Redeems $1.5 Billion Sukuk	MT
Mar. 28	Bawan Co Secures Contracts Worth SAR410 million from Saudi Electricity Co	MT

Saudi Electricity Company Reports Earnings Results for the Second Quarter Ended June 30, 2022

August 23, 2022 at 09:05 am EDT

Saudi Electricity Company reported earnings results for the second quarter ended June 30, 2022. For the second quarter, the company reported sales was SAR 19,401.68 million compared to SAR 18,936.09 million a year ago. Net income was SAR 5,502.27 million compared to SAR 5,828.07 million a year ago.

Latest news about Saudi Electricity Company

Saudi Electricity Co. Fully Redeems $1.5 Billion Sukuk	Apr. 04	MT
Bawan Co Secures Contracts Worth SAR410 million from Saudi Electricity Co	Mar. 28	MT
Saudi Electricity Logs Lower FY23 Net Profit; Revenue Grows	Mar. 06	MT
Saudi Electricity Company Announces Formation of Audit Committee	Jan. 24	CI
Saudi Electricity Company Unveils Two Executive Appointments	Jan. 24	CI
Saudi Electricity Company Reports Earnings Results for the Full Year Ended December 31, 2023	Jan. 14	CI
Saudi Electricity Company Reports Earnings Results for the Third Quarter and Nine Months Ended September 30, 2023	Nov. 14	CI
Saudi Arabia's wealth fund launches electric vehicle infrastructure company	23-10-08	RE
Saudi Electricity Company Reports Earnings Results for the Second Quarter and Six Months Ended June 30, 2023	23-08-12	CI
Saudi Company Sells More Than 2.2 Million Metric Tons of Carbon Credits at Auction -- OPIS	23-06-14	DJ
Saudi Electricity Company Appoints Mohammed Bin Abdulaziz Bin Abdullah Al Shetwey as of Investment and Cash Management	23-06-12	CI
Saudi Electricity Company Reports Earnings Results for the First Quarter Ended March 31, 2023	23-05-14	CI
SAUDI ELECTRICITY CO. SETS SPREAD AT 120 BPS OVER UST FOR 10-YR…	23-04-03	RE
Saudi Electricity Company Reports Earnings Results for the Full Year Ended December 31, 2022	23-03-20	CI
Saudi Electricity Company Reports Earnings Results for the Third Quarter and Nine Months Ended September 30, 2022	22-11-16	CI
Saudi Electricity Co. Announces Resignation of David Crane as (Independent) Board Member	22-08-28	CI
Saudi Electricity Company Reports Earnings Results for the Second Quarter Ended June 30, 2022	22-08-23	CI
Saudi Electricity Company Appoints Khalid Hamad Algnoon as CEO	22-06-20	CI
Ministry of Energy, Industry and Mineral Resources, Saudi Arabia and Ministry of finance - Kingdom Of Saudi Arabia acquired Saudi Power Procurement Company from Saudi Electricity Company	22-05-31	CI
Saudi Electricity Company Reports Earnings Results for the First Quarter Ended March 31, 2022	22-05-22	CI
Saudi Electricity Company Approves Dividend for the Fiscal Year Ended on December 31, 2021, Payable on June 6, 2022	22-05-18	CI
Saudi Electricity Company Reports Earnings Results for the Full Year Ended December 31, 2021	22-03-20	CI
Saudi Electricity Company received a letter of intent from Minister of Energy to acquire Saudi Power Procurement Company.	21-11-28	CI
Saudi Electricity Company Reports Earnings Results for the Third Quarter Ended September 30, 2021	21-11-07	CI
Saudi Electricity Company Announces Board Changes	21-08-25	CI

Chart Saudi Electricity Company

Duration

Period

More charts

Company Profile

Saudi Electricity Company SJSC is a Saudi Arabia-based company, which is mainly engaged in the generation, transmission and distribution of electric power. The Company is serving governmental, industrial, agricultural, commercial and residential consumers. The Company operates under the following segments: Generation, which is engaged in the generation and provision of electric power; Transmission, which is engaged in the transmission of electric power from generation stations, using a transmission network, to a distribution network as well as the operation and maintenance of an electricity transmission system, and Distribution and Customer Services, which includes receipt of electric power from the transmission network and distribution to the Companyâs subscribers, as well as the issuance, distribution and collection of electric consumption bills.

Sector

Electric Utilities

Calendar

2024-04-29 - Q1 2024 Earnings Release (Projected)

More about the company

Income Statement Evolution

More financial data

Ratings for Saudi Electricity Company

Trading Rating

Investor Rating

ESG Refinitiv

More Ratings

Analysts' Consensus

Sell

Buy

Mean consensus

HOLD

Number of Analysts

Last Close Price

19.36 SAR

Average target price

22.13 SAR

Spread / Average Target

+14.33%

Consensus

EPS Revisions

Estimates Revisions

Quarterly revenue - Rate of surprise

Company calendar

Sector Other Electric Utilities

	1st Jan change	Capi.
SAUDI ELECTRICITY COMPANY	+2.00%	21.51B
NEXTERA ENERGY	+8.64%	136B
IBERDROLA, S.A.	-2.19%	77.98B
DUKE ENERGY CORPORATION	+0.69%	75.38B
ENEL S.P.A.	-8.92%	66.47B
CONSTELLATION ENERGY CORPORATION	+61.15%	59.36B
AMERICAN ELECTRIC POWER COMPANY, INC.	+4.97%	44.9B
DOMINION ENERGY, INC.	+7.34%	42.26B
GE VERNOVA INC.	0.00%	41.94B
EXELON CORPORATION	+3.96%	37.31B

Other Electric Utilities