Saudi Cable Company (SCC) was established in 1975 as a limited liability company. It was converted into a joint stock firm in 1988 and floated. It is engaged in the manufacture and supply of electrical and telecommunications cables, copper rod, polyvinyl chloride (PVC) compounds, wooden reels and related products.

The company is based in Jeddah and its principal manufacturing centre is in the Jeddah industrial estate. In September 1998, it was announced that SCC had won a contract to supply power lines to Lebanon's Council for Development & Reconstruction.

SCC completed a one-for-three rights issue on 10 November 1997 as the first stage of a plan to increase paid-in capital to SR 500 million ($133.3 million) from SR 300 million ($80 million). All shareholders registered on 30 October 1997 were eligible to apply for shares, which were priced at SR 100 ($26.

70). The second stage of the capital increase took place in early 1998 and SCC currently has paid-in capital of SR 500 million and 10 million issued shares. The new capital will be used to open a plant for high-voltage cables.

SCC is one of the few Saudi companies bidding for work in the US. In 1999, it announced it was applying to prequalify to supply high-voltage cables to the US. The move into export markets reflects the difficulties the company has been experiencing in the Saudi market.

This was reflected in losses during most of the 1990s. In 1998, the company reported a deficit of SR 23.6 million ($6.3 million), a figure that was 36 per cent lower than the loss in 1997. However, sales in the year were 15 per cent lower at SR 785 million ($209 million).

The company has paid no dividend since the early 1990s.

Individuals	N/A
Institutions	N/A
Floating	N/A
Government	N/A

Director	Abdullah Alireza
Director	Adnan Maimani
Director	Ahmed Abdullatif
Director	Ibrahim Shugdar
Chairman	Khalid Alireza
Director	Majed Al Gosaibi
Director	Saleh Binladin

	2005	2004	2003
Total Assets	117,562,850	1,230,278	1,099,663
Shareholder's Equity	46,262,336	524,233	358,603
NIAT	20,467	20,467	-89,651
Dividends	N/A	N/A	N/A

	2005	2004	2003
Assets Growth	9,455.80%	11.88%	-2.20%
Earning Growth	-100.00%	0.00%	0.00%
ROaA	0.00%	1.76%	-8.06%
ROaE	0.00%	4.64%	-24.31%
No. Of Shares	12,800,000	12,800,000	10,000,000
EPS	0.00	1.60	-8.97
EPS Growth	N/A	0.00%	0.00%
Payout Ratio	N/A	N/A	N/A

	Trailing
PE
PB
DVPS
Div Yield
EV
EV/Equity

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