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Advance International Company for Communication and Information Technology

9524
AICTEC
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Performance

AICTEC
- (-%)
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Name Price Change %
Advance International Company for Communication and Information Technology - - -
Note: Prices are delayed minimum 5 minutes
  • *Average Trade Size = Cumulative / # of Trades
  • **52 Week Price Change =   (Current Price - Price year ago) / Price year ago x 100
  • Historical prices & volume traded data are adjusted to account for all corporate actions.
  • MO: Market Order

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Last Trade

Price
-
% Change
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Volume Traded
0

Best Bid

Price -
Volume -

Best Offer

Price -
Volume -

52 WEEK

High
5.40
2024/07/23
Low
2.57
2025/07/08
Change**
0.0

PERFORMANCE

Start of Year
Year ago
3 Years ago

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Announcements

  • Announcement by Advance International Company for Communication and Information Technology regarding the conversion of one of its branches into an independent Limited Liability Company (subsidiary) under the name Nabah Technology Company, as part of the separation of the Technical Projects Execution

    9524
    AICTEC -2.26 %
    1447/01/18     13/07/2025 08:15:29
  • Advance International Company for Communication and Information Technology announces signing a Memorandum of Understanding with Signmax Advertising Limited Co

    9524
    AICTEC -2.26 %
    1447/01/04     29/06/2025 09:48:32
  • Advance International Communications and Technology (AICTEC) announces the conversion of one of its branches into an independent limited liability company (a subsidiary) under the name Innovation Passage Technology Company, as part of the process of separating the wholesale business sector.

    9524
    AICTEC -2.26 %
    1446/12/23     19/06/2025 08:07:43
  • Advance International Company for Communication and Information Technology announces the completion of issuing Murabaha Sukuk denominated in Saudi Riyals

    9524
    AICTEC -2.26 %
    1446/12/21     17/06/2025 08:02:58
  • Advance International Company for Communication and Information Technology (“the Company”) announces the adoption of a comprehensive strategic plan to restructure its technical and operational sectors.

    9524
    AICTEC -2.26 %
    1446/12/02     29/05/2025 08:08:42
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Corporate Actions

Upcoming Events

    Past Events

    • AICTEC 9524
      -2.26%
      Forward Shares Split
      Eligibility Date | 25/09/2023
    • AICTEC 9524
      -2.26%
      Bonus Shares
      Eligibility Date | 20/06/2023
    • AICTEC 9524
      -2.26%
      Bonus Shares
      Eligibility Date | 18/08/2022
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    Dividends

    CompanyProfilev2Financials

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    Financials

    • FINANCIAL INFORMATION
    • FINANCIAL STATEMENTS AND REPORTS
    • Annually
    • Quarterly
    Balance Sheet 2024-12-31 2023-12-31
    Total Assets
    69,146
    62,941
    - -
    Total Liabilities
    30,410
    25,635
    - -
    Total Shareholders Equity (After Deducting the Minority Equity)
    38,736
    37,306
    - -
    Total Liabilities and Shareholders Equity
    69,146
    62,941
    - -
    Statement of Income 2024-12-31 2023-12-31
    Total Revenue (Sales/Operating)
    43,288
    47,277
    - -
    Net Profit (Loss) before Zakat and Tax
    2,211
    3,682
    - -
    Zakat and Income Tax
    -663
    -576
    - -
    Net Profit (Loss) after Zakat and Tax
    1,547
    3,106
    - -
    Total Comprehensive Income
    1,430
    3,051
    - -
    Profit (Loss) per Share
    0.02
    0.05
    - -
    Cash Flows 2024-12-31 2023-12-31
    Net Cash From Operating Activities
    2,014
    2,699
    - -
    Net Cash From Investing Activities
    -3,975
    -3,591
    - -
    Net Cash From Financing Activities
    2,023
    2,420
    - -
    Cash and Cash Equivalents, Beginning of the Period
    3,431
    1,903
    - -
    Cash and Cash Equivalents, End of the Period
    3,493
    3,431
    - -
    All Figures in Thousands Thousands
    All Currency In ^ ^
    Last Update Date 2025-03-31 2024-03-18

    The Capital Market Authority and Saudi Exchange take no responsibility for the contents of this disclosure, make no representations as to its accuracy or completeness, and expressly disclaim any liability whatsoever for any loss arising from, or incurred in reliance upon, any part of this disclosure, and the issuer accepts full responsibility for the accuracy of the information contained in it and confirms, having made all reasonable enquiries, that to the best of their knowledge and belief, there are no other facts or information the omission of which would make the disclosure misleading, incomplete or inaccurate. The above information does not replace detailed financial statements, as detailed financial statements are the reliable source that must be consulted to obtain accurate financial information.

    Balance Sheet
    Total Assets
    Total Liabilities
    Total Shareholders Equity (After Deducting the Minority Equity)
    Total Liabilities and Shareholders Equity
    Statement of Income
    Total Revenue (Sales/Operating)
    Net Profit (Loss) before Zakat and Tax
    Zakat and Income Tax
    Net Profit (Loss) after Zakat and Tax
    Total Comprehensive Income
    Profit (Loss) per Share
    Cash Flows
    Net Cash From Operating Activities
    Net Cash From Investing Activities
    Net Cash From Financing Activities
    Cash and Cash Equivalents, Beginning of the Period
    Cash and Cash Equivalents, End of the Period
    All Figures in
    All Currency In
    Last Update Date

    The Capital Market Authority and Saudi Exchange take no responsibility for the contents of this disclosure, make no representations as to its accuracy or completeness, and expressly disclaim any liability whatsoever for any loss arising from, or incurred in reliance upon, any part of this disclosure, and the issuer accepts full responsibility for the accuracy of the information contained in it and confirms, having made all reasonable enquiries, that to the best of their knowledge and belief, there are no other facts or information the omission of which would make the disclosure misleading, incomplete or inaccurate. The above information does not replace detailed financial statements, as detailed financial statements are the reliable source that must be consulted to obtain accurate financial information.

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    Shareholding Information

    • Board Of Directors
    • Foreign Ownership
    • Substantial Shareholders
    Time Period
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    Trading Date Shareholders Designation Shares Held Trading Day Shares Held Prev Trading Day Change
    2025-07-16 عبدالله محمد عبدالله آل شريم Chairman 16.0000000% 16.0000000% 0
    2025-07-16 سعود محمد عبدالله ال شريم Senior Executives 36.0000000% 36.0000000% 0
    2025-07-16 مشعل محمد ناصر الكثيري Board of Directors 1.6000000% 1.6000000% 0
    2025-07-16 احمد ناصر احمد الصائغ Board of Directors 1.0309484% 1.0309484% 0
    • The listed company (Publisher) shall be responsible for the accuracy of the published information pertaining to the ownership of the Board of Directors, Chief Executive Officer or highest executive position, and the Chief Financial Officer. The listed company shall also be responsible for updating these information thereof. Therefore, the Saudi Stock Exchange (Tadawul) shall not be liable for the information contained therein, nor for any consequences that may result from the said information.
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    Advance International Company for Communication and Information Technology
    Price -
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    Created with Highcharts 10.0.0TimePriceChart context menuExportZoomZoom ▾5D1M3M1Y3YAll
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    Company Profile

    Company overview

    The company''s current actual activity is the import, sale, installation, operation and maintenance of security surveillance cameras, bag and parcel inspection devices, security fences, biometric magnetic card entry and exit gates, burglar alarm devices and systems, metal and explosives detection gates, electronic works, communications technology, networks and computer software.

    Company History

    Advance International Company for Communications and Information Technology was established as a limited liability company under the name Advance International for Communications and Information Technology and under Commercial Registration No. (1010998871) dated 12/07/1437 AH (corresponding to 19/04/2016 AD) issued in Riyadh. The Company was converted from a limited liability company to a closed joint stock company with a paid-up share capital of twenty million Saudi riyals (SAR 20,000,000), divided two million (2,000,000) ordinary shares with a nominal value of ten Saudi riyals (SAR 10) each. The company was registered in the Joint Stock Companies Register under Ministerial Resolution No. (139) On 07/05/1442H (corresponding to 12/22/2021G) and Ministerial Resolution No. (151) issued on 05/12/1442 AH (corresponding to 12/27/2020 AD), and Commercial Registration No. (1010998871) dated 07/12/1437 AH (corresponding to 04/19/2016 AD) issued in Riyadh.

    Company Bylaws

    Click here

    Equity Profile

    • Authorized Capital  (^) 32,000,000
    • Issued Shares 64,000,000
    • Paid Capital  (^) 32,000,000
    • Par Value/Share 0.50
    • Paid Up Value/Share 0.5

    Last Update :2023-09-26

    Investment limits

    There are no investment limits on the company's shares as per the amended Rules for Qualified Foreign Financial Institutions Investment in Listed Securities and Instructions for the Foreign Strategic Investors Ownership in Listed Companies based on issued instructions by the related regulators and supervisory authorities.

     

    • Company Details
    • BOARD OF DIRECTORS AND SENIOR EXECUTIVES INFORMATION
    • Date Established

      2016/04/19

    • Financial Year End

      31/12

    • Listing Date

      2022/01/06

    • External Auditors

      [RSM United Accountants for Professional Consulting]

    • ISIN CODE

      SA15E1N4KQ13

    • Number of Employees

      56

    • Chairman

      Abdullah Muhammad Abdullah Al Shuraim
      Non - Executive

      Abdullah Muhammad Abdullah Al Shuraim
      • BD Session Start
        2023-12-29
        Designation
        Chairman
      • BD Session End
        2027-12-28
        Classification
        Non - Executive
      • Qualification
        Diploma in Business Administration from the Saudi Technical College in 2008
      Companies Membership
      • Memebrship Name
        Managing Director and CEO of Leen Al Khair Trading Company
        Start Date
        -
      • Memebrship Character
        executive
        End Date
        -
    • Board of Directors

      Mishal Muhammad Nasser Al-Kathiri Non - Executive

      Mishal Muhammad Nasser Al-Kathiri
      • BD Session Start
        2023-12-29
        Designation
        Board of Directors
      • BD Session End
        2027-12-28
        Classification
        Non - Executive
      • Qualification
        Holds a bachelor degree in Naval and Military Sciences from King Fahd Naval College Kingdom of Saudi Arabia in 2005
      Companies Membership
      • Memebrship Name
        Member of the Board of Directors of Al Kathiri Holding Company
        Start Date
        -
      • Memebrship Character
        executive
        End Date
        -
      • Memebrship Name
        Vice Chairman of the Board of Directors of Lin Al Khair Trading Company
        Start Date
        -
      • Memebrship Character
        Non-executive
        End Date
        -
      • Memebrship Name
        Vice Chairman of the Board of Directors of Al Manassa Agricultural Company
        Start Date
        -
      • Memebrship Character
        Non-executive
        End Date
        -

      Ahmed Nasser Mohammed Al-Sayegh Independent

      Ahmed Nasser Mohammed Al-Sayegh
      • BD Session Start
        2023-12-29
        Designation
        Board of Directors
      • BD Session End
        2027-12-28
        Classification
        Independent
      • Qualification
        -

      Mustafa Muhammad Hassan Ali Independent

      Mustafa Muhammad Hassan Ali
      • BD Session Start
        2023-12-29
        Designation
        Board of Directors
      • BD Session End
        2027-12-28
        Classification
        Independent
      • Qualification
        He obtained a Bachelor of Laws degree from Ain Shams University in the Arab Republic of Egypt in 2005 and works as a legal consultant in a law firm.
    • Senior Executives

      Saud Mohammed Abdullah Al Shuraim CEO

      Saud Mohammed Abdullah Al Shuraim
      • BD Session Start
        2023-12-30
        Designation
        Senior Executives
      • BD Session End
        2027-12-28
        Classification
        CEO
      • Qualification
        He holds a diploma in business administration from King Saud University in 2022 He holds a diploma in electricity from the Saudi Electricity Company in 2009.
      Companies Membership
      • Memebrship Name
        Chairman of the Board of Directors of Lin Al Khair Trading Company
        Start Date
        -
      • Memebrship Character
        Non-executive
        End Date
        -
      • Memebrship Name
        Chairman of the Board of Directors of the Agricultural Platform Company
        Start Date
        -
      • Memebrship Character
        Non-executive
        End Date
        -

      Musaab Bassem Fakhri Afaneh CFO

    Musaab Bassem Fakhri Afaneh
    • BD Session Start
      2024-01-07
      Designation
      Senior Executives
    • BD Session End
      -
      Classification
      CFO
    • Qualification
      He obtained a Bachelors degree in Accounting in 2020 from Zarqa Private University, with a good grade

    Investor Relations

    Contact Name:

    Abdulmalek ghanem mahdi

    Company Address:

    Riyadh - King Fahd Road - Olaya District 7792 PO Box 54823 Riyadh 12313 Kingdom Saudi Arabia

    Contact Details:

    Telephone: +966 920021721
    Fax : +966114667009
    Email : info@aictec.com

    Company Website:

    www.aictec.com


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    The Capital Market Authority and Saudi Exchange take no responsibility for the contents of these disclosures, make no representations as to its accuracy or completeness, and expressly disclaim any liability whatsoever for any loss arising from, or incurred in reliance upon, any part of these disclosures, and the issuer accepts full responsibility for the accuracy of the information contained in it and confirms, having made all reasonable enquiries, that to the best of their knowledge and belief, there are no other facts or information the omission of which would make the disclosure misleading, incomplete or inaccurate.