Company Advance International Company for Communication and Information Technology

Equities

9524

SA15E1N4KQ13

IT Services & Consulting

Market Closed - Saudi Arabian S.E. 05:50:01 26/06/2024 pm IST 5-day change 1st Jan Change
5.05 SAR -0.39% Intraday chart for Advance International Company for Communication and Information Technology -4.54% +25.31%

Business Summary

Advance International Communication & Information Technology Co is a Saudi Arabia-based entity, which is primarily engaged in providing information technology and communications services. The Company’s services include crowd organization solution, software platforms solutions, security inspection, Closed-circuit television (CCTV) solutions, time attendance solution, parking management solutions, and hotel management solutions, among others. The Company owns a private factory that manufactures, assemble and develop products that serve the local market in the fields of technology and artificial intelligence. The Company is providing the services to the customers in the Kingdom of Saudi Arabia and the Middle East.

Sales per Business

SAR in Million2022Weight2023Weight Delta
Projects
69.0 %
34 80.5 % 33 69.0 % -3.03%
Wholesale
31.0 %
8 19.5 % 15 31.0 % +80.42%

Sales per region

SAR in Million2022Weight2023Weight Delta
Saudi Arabia
100.0 %
42 100.0 % 47 100.0 % +13.21%

Managers

Managers TitleAgeSince
Chief Executive Officer 33 -

Members of the board

Members of the board TitleAgeSince
Chief Executive Officer 33 -
Director/Board Member 48 29/12
Director/Board Member 40 29/12
Chairman 39 29/12

Share class

VoteQuantityFree-FloatCompany-owned sharesTotal Float
Stock A 1 64,000,000 30,720,000 ( 48.00 %) 0 48.00 %

Shareholders

NameEquities%Valuation
23,040,000 36.00 % 31 M ﷼
10,240,000 16.00 % 14 M ﷼

Company contact information

Advance International Co. for Communication & Info Tech

King Fahd Road Olaya District

12313, Riyadh

+

http://www.aictec.com
address Advance International Company for Communication and Information Technology(9524)
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