Saudi Electricity Company

World Rank (Jul-30-2023)
747
Market Cap (Jul-30-2023)
25.155 Billion USD
World Rank (Dec-25-2022)
664
Market Cap (Dec-25-2022)
25.555 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
Company Rank in Saudi Arabia in July-2023 is 10
Annual Revenue in USD
19,221 Million USD
Annual Net Income in USD
1,993 Million USD
Total Assets in USD
127,860 Million USD
Total Liabilities in USD
59,313 Million USD
Annual Results for Year ending in
Deec-2022 month
Headquarters Country
Saudi Arabia
Company Business
Utilities
Energy
Electricity Generation
Power Generation
Electric Utilities
Stock Exchange
Tadawul
Company Rank in Country in 2022
Company Rank in Saudi Arabia in 2022 is 6
Rank in Country (Jan-2021)
Company Rank in Saudi Arabia in 2021 is 6
Number of Employees
28,414
Employee Count as on Date
As on 2020
Chairman
Khalid Bin Saleh Al-Sultan
CEO:
Fahad bin Hussein Al-Sudairi
Yahoo
Yahoo @ SaudiArabia
Wikipedia
Wikipedia
Company Website:
SAUDI ELECTRICITY COMPANY
About Company Business:

Saudi Electricity Company (SECO) is Electric utility company with headquarters 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.

Founded Year
2000
Annual Results Summary:

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

Year - Ending Revenue Operating Income Net Income
Dec-2022 72,079 16,899 7,473
Dec-2021 69,338 17,949 6,729
Dec-2020 68,708 7,392 2,098
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.

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