Saudi Automotive Services Co (SASCO) News - Mubasher Info
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Saudi Automotive Services Co (4050)

Last update: 02:34 PM market time.
83.50
27.70
49.64%
Open 84.80
Previous Close 55.80
High 84.80
Low 82.80
Stock Statistics
Volume 65,814
Turnover 5,501,622.20
All data are 15 minutes late during market session

News

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28 March 01:23 PM SASCO’s board proposes dividends, capital hike
Riyadh – Mubasher: The board of Saudi Automotive Services Company (SASCO) has recommended the distribution of SAR 45 million, or SAR 0.75 per share, in additional cash dividends for the fiscal year 2023. The board also proposed increasing capital …
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24 March 12:57 PM SASCO’s net profits up to SAR 105.5m in 2023
Riyadh – Mubasher: Saudi Automotive Services Company (SASCO) generated net profits amounting to SAR 105.49 million in 2023, up 40.32% from SAR 75.18 million a year earlier. Revenues witnessed an annual surge of 16.05% to SAR 9.11 billion as of 31 …
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25 October 2023 11:04 AM SASCO posts SAR 6.77bn revenues in 9M-23; profits down
Riyadh – Mubasher: Saudi Automotive Services Company (SASCO) registered a 34.63% drop in net profit after Zakat and tax to SAR 40.03 million during the first nine months (9M) of 2023, versus SAR 61.24 million in 9M-22. The earnings per share (EPS) …
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27 July 2023 11:13 AM SASCO registers SAR 27m net profits in H1-23
Riyadh – Mubasher: Saudi Automotive Services Company (SASCO) achieved net profits after Zakat and tax worth SAR 27.05 million in the first half (H1) of 2023, down 28.25% from SAR 37.70 million in H1-22. Revenues hiked by 33.50% year-on-year (YoY) …
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8 May 2023 02:55 PM SASCO logs 75% leap in Q1-23 net profits
Riyadh – Mubasher: The net profits after Zakat and tax of Saudi Automotive Services Company (SASCO) hiked by 75.44% to SAR 14.07 million in the first quarter (Q1) of 2023 from SAR 8.02 million in Q1-22. Revenues amounted to SAR 2.22 billion in …
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8 March 2023 00:01 PM SASCO records nearly SAR 90m net profits in 2022
Riyadh – Mubasher: Saudi Automotive Services Company (SASCO) achieved net profits after Zakat and tax worth SAR 89.71 million in 2022, signalling an annual rise of 76.45% from SAR 50.84 million. The earnings per share (EPS) increased to SAR 1.50 …
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20 December 2022 00:14 PM SASCO to pay SAR 30m dividends for Q3-22
Riyadh – Mubasher: The board of Saudi Automotive Services Company (SASCO) decided to distribute cash dividends worth SAR 30 million, representing 5% of the capital, for the third quarter (Q3) of 2022. SASCO will disburse SAR 0.50 per share for 60 …
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27 October 2022 03:42 PM SASCO’s profits near SAR 61.5m in 9M-22 interim financials
Riyadh – Mubasher: Saudi Automotive Services Company (SASCO) recorded an annual leap of 72.51% in net profit after Zakat and tax to SAR 61.24 million during the first nine months (9M) of 2022, versus SAR 35.50 million. Revenues widened by 95.92% …
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6 September 2022 01:18 AM SASCO announces SAR 30m dividends for H1-22
Riyadh – Mubasher: The board of Saudi Automotive Services Company (SASCO) decided to distribute cash dividends worth SAR 30 million for the first half (H1) of 2022, according to a bourse filing. The Saudi listed firm will disburse a dividend of …
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22 August 2022 09:38 PM SASCO’s profits hike 56.5% in H1-22
Riyadh – Mubasher: Saudi Automotive Services Company (SASCO) logged net profits after Zakat and tax worth SAR 37.70 million in the first half (H1) of 2022, up 56.50% from SAR 24.09 million in H1-21. The company registered revenues of SAR 3.33 …
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15 June 2022 04:59 PM SASCO to pay 2.5% of capital as additional dividends for 2021
Riyadh – Mubasher: The shareholders of Saudi Automotive Services Company (SASCO) have approved an additional cash dividends distribution of SAR 15 million, representing 2.50% of the capital, for 2021. SASCO will disburse a dividend of SAR 0.25 per …
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24 April 2022 04:55 PM SASCO logs 33% lower profits in Q1-22 initial results
Riyadh – Mubasher: Saudi Automotive Services Company (SASCO) reported net profits after Zakat and tax worth SAR 8.02 million during the first quarter (Q1) of 2022, an annual decline of 33.22% from SAR 12.01 million. Earnings per share went down to …
14 April 2022 06:27 PM SASCO pens SAR 375m facility agreement with Bank Albilad
Riyadh – Mubasher: The Saudi Automotive Services Company (SASCO) has inked a Sharia-compliant bank facility agreement worth SAR 375 million with Bank Albilad. The 10-year deal includes a long-term financing worth SAR 300 million in addition to a …
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10 March 2022 06:05 PM SASCO’s profits jump 27% in 2021
Riyadh – Mubasher: Saudi Automotive Services Company (SASCO) has logged net profits after Zakat and tax worth SAR 50.84 million in 2021, a year-on-year (YoY) jump of 26.68% from SAR 40.13 million. The revenues reached SAR 4.06 billion in 2021, a …
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2 March 2022 01:39 PM SASCO liquidates majority of investment portfolio
Riyadh – Mubasher: The Saudi Automotive Services Company (SASCO) has liquidated 99% of its investment portfolio on 27 February. The liquidation transaction generated profits of around SAR 8 million from selling shares, according to a recent bourse …
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21 February 2022 10:38 AM SASCO inks SAR 504m facility with Riyad Bank
Riyadh – Mubasher: The Saudi Automotive Services Company (SASCO) has inked a Sharia-compliant bank facility agreement worth SAR 504 million with Riyad Bank. The facilities include ten-year financing worth SAR 450 million with a hedging limit of …
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26 January 2022 01:59 PM SASCO acquires 80% stake in NAFT Services
Riyadh – Mubasher: The Saudi Automotive Services Company (SASCO) has acquired 80% of NAFT Services Limited Company’s share capital in exchange for SAR 1.1 billion. The transaction was funded through SASCO’s self-resources and bank facilities, …
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28 December 2021 09:33 AM SASCO to distribute 2% dividends for Q3-21
Riyadh – Mubasher: The board of Saudi Automotive Services Company (SASCO) has approved to distribute cash dividends, equivalent to 2% of the capital, for the third quarter (Q3) of 2021. The cash dividend distribution stands at 20 halalh per share, …
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27 October 2021 06:07 PM SASCO’s Q3 profits shrink 35%
Riyadh – Mubasher: Saudi Automotive Services Company (SASCO) posted a decrease of 34.6% year-on-year (YoY) in net profits after Zakat and tax to SAR 11.4 million during the third quarter (Q3) of 2021 from SAR 17.45 million. Revenues soared by …
SASCO will pay SAR 18 million dividends
9 September 2021 10:27 AM SASCO announces SAR 18m dividends for H1
Riyadh – Mubasher: The board of Saudi Automotive Services Company (SASCO) decided to distribute a cash dividend worth SAR 0.3 per share, representing 3% of the share’s par value, for the first half (H1) of 2021. SASCO will pay SAR 18 million for …
The profit per share stood at SAR 0.4 in H1-21
3 August 2021 05:04 PM SASCO records 92% higher profits in H1-21
Riyadh – Mubasher: The Saudi Automotive Services Company (SASCO) registered net profits after Zakat and tax worth SAR 24.09 million in the first half (H1) of 2021, higher by 91.7% than SAR 12.56 million in H1-20. The profit per share stood at SAR …
The financial impact could not be determined
29 July 2021 05:42 PM SASCO extends lease agreement with Falcom
Riyadh – Mubasher: The Saudi Automotive Services Company (SASCO) has extended its contract with Falcom Financial Services Company for three months starting 29 July 2021. The listed company first signed a non-binding memorandum of understanding …
SASCO will later announce the distribution date
17 June 2021 10:44 AM SASCO to distribute dividends worth SAR 12m for 2020
Riyadh – Mubasher: The shareholders of Saudi Automotive Services Company (SASCO) approved the board’s recommendation of paying an additional cash dividend of SAR 0.2 per share for 2020. SASCO will pay a total of SAR 12 million, representing 2% of …
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9 May 2021 01:49 PM SASCO achieves SAR 12m net profits in Q1
Riyadh – Mubasher: The Saudi Automotive Services Company (SASCO) recorded an annual increase of 47.9% in net profits after Zakat and tax to SAR 12.01 million during the first quarter (Q1) of 2021 from SAR 8.12 million. SASCO’s profit per share …
SASCO has invested SAR 20.9 million in four of the stations
13 April 2021 10:29 AM SASCO operates eight new fuel stations across KSA
Riyadh – Mubasher: Saudi Automotive Services Company (SASCO) started operating eight new stations for fuel services on 11 April, according to a bourse filing. The facilities include convenience stores, branded restaurants, coffee shops, and ATM …