Saudi Automotive Services Co "SASCO" is a Saudi public shareholding company. It has been established by the ministerial decree No. 563 dated 23/12/1402H corresponding to 10/12/1982. SASCO’s activities are represented in car service centers, a number of motels, restaurants, fuel transportation, the import and sale of equipment, as well as the provision of beverages supplied.
The Company offers its services through four business divisions, namely Retailing and Operation division, which offers fuel services, commissary services, catering services, guest services and vehicle maintenance; Transportation division, which operates trailers and provides fuel transport services and water transport services; Saudi Automobile & Touring Association (SATA), which issues Custom Transit (Triptik) Books for vehicles departing from Saudi Arabia, issues international licenses and organizes sport related to cars and motorcycles, and Investment division, which includes the establishment and administration of shareholdings in subsidiaries and associated companies and the ownership and development of land and other real estate for operation, sale and lease.
Basic Information
Key Executives
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Chairperson
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Director / Member of the Management Board
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Director / Member of the Management Board
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Director / Member of the Management Board
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Director / Member of the Management Board
Ownership Details
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11.56%
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7.25%
Subsidiaries
Imtiaz Sasco for Investment and Commercial Development Ltd
100%
Company Performance
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Key Financial Highlights
Annual growth percentages for latest two years in local currency SAR. Absolute financial data is included in the purchased report.
Net sales revenue
-15.31%▼
Total operating revenue
-15.31%▼
Operating profit (EBIT)
110.55%▲
Net Profit (Loss) for the Period
11.04%▲
Operating Profit Margin (ROS)
3.38%▲
Return on Equity (ROE)
-0.14%▼
Debt to Equity Ratio
-69.49%▼