Saudi Electricity Company

Saudi Electricity Company

World Rank (Jan-05-2024)
847
Market Cap (Jan-05-2024)
21.555 Billion USD
World Rank (Jul-30-2023)
747
Market Cap (Jul-30-2023)
25.155 Billion USD
World Rank (Jan-07-2022)
774
Market Cap (Jan-07-2022)
26.932 Billion USD
World Rank (Jan-01-2021)
783
Market Cap (Jan-01-2021)
23.666 Billion USD
Company Rank in Country in 2023
Rank in Saudi Arabia in July-2023 is 10
Headquarters Country
Saudi Arabia
CEO
Fahad bin Hussein Al-Sudairi
Chairman
Khalid Bin Saleh Al-Sultan
Employee Count
28,414
Employee Count as of Date
As on 2020
World Region
Asia
World Subregion
Western Asia
Annual Revenue in USD
19,221 Million USD
Annual Operating Income in USD
4,506 Million USD
Annual Net Income in USD
1,993 Million USD
Annual Results for Period Ending
Dec-2022 ending year
Total Assets in USD
127,860 Million USD
Total Liabilities in USD
59,313 Million USD
Total Equity in USD
68,545 Million USD
Balance Sheet for Period Ending
Dec-2022 ending year
Business Sector
Utilities
Energy
Electricity Generation
Power Generation
Electric Utilities
Company Website
SAUDI ELECTRICITY COMPANY
Wikipedia
Wikipedia
Yahoo
Yahoo @ SaudiArabia
Company Profile

Saudi Electricity Company (SECO) is Electric utility company with headquarters is in Riyadh, Saudi Arabia. Company generates electricity and distributes electricity. It is the leading producer of electricity and sole owner of the entire transmission and distribution network throughout the Kingdom, serving all types of customers.

SECO managing 37,000 megawatts of power across some 45 plants.

Annual Results Summary

SAUDI ELECTRICITY COMPANY - Yearly Revenue and Net Income - in Million SAR:

Year - EndingRevenueOperating IncomeNet Income
Dec-202272,07916,8997,473
Dec-202169,33817,9496,729
Dec-202068,7087,3922,098
Balance Sheet Summary

Total Assets as on Dec-2022 was 479,481 Million SAR.

Total Liabilities as on Dec-2022 was 222,430 Million SAR.

Total Equity as on Dec-2022 was 257,050 Million SAR.

Founded Year
2000
Stock Exchange
Tadawul

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