Batic Investments and Logistics Co.
TTADAWUL:41101.56
SAR
-0.07
(-4.29%)
ISIN
SA0007879808
Return %
Stock
S&P 500
1Y
-30.97
14.20
3Y
-14.29
81.12
5Y
-43.72
68.34
Capital Structure
SAR
•
in mil. unless spec.Working Capital
SAR
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in mil. unless spec.Growth Rates
SAR
•
in mil. unless spec.Quarterly Revenue
SAR
•
in mil. unless spec.Quarterly Earnings Per Share
SAR
•
in mil. unless spec.Quarterly Dividends Per Share
SAR
•
in mil. unless spec.Company Description
- CEO
- Mohammed Saud Abdulaziz Al-Zamil
- Full Time Employees
- 24
- Sector
- Transportation
- Industry
- Trucking
- Address
- BATIC Building Riyadh Riyadh Province Saudi Arabia 11663
- IPO Date
- Jan 10, 1999
- Website
- batic.sa
- Similar Companies
- Business
- Batic Investments and Logistics Company (Batic), a Saudi joint-stock company listed on the Saudi Exchange under ticker 4110, provides diversified services across transportation and logistics, real estate investment, security and cash solutions, parking and smart city solutions, and facilities management through more than 15 subsidiaries and affiliates including Arab Security & Safety Services Company, Saudi Transport and Investment Company (Mubarrad), Batic Real Estate, Abeen Healthcare, AMNCO Facility Management Company, and Smart Cities ICT Solutions Company; its core offerings encompass land freight transportation of goods domestically and across Gulf and Middle East countries including contract-based and truck-leasing services, rental of cars, trailers, and cold stores, operation of fuel stations and maintenance workshops, general construction of residential and non-residential buildings such as schools, hospitals, and hotels along with restoration, road construction, finishing, maintenance, and property management, purchase and sale of lands and real estate with subdivision and leasing activities, provision of private civil security guard services to banks and companies, transportation of cash, precious metals, and valuable documents to and from banks and ATMs with insurance, cash and mail collection, sorting, and counting, wholesale and retail trade in surveillance, security, safety, electronic devices, fire prevention, protection equipment, and electronic alarm systems with installation and maintenance, building maintenance, cleaning, crowd organization, general building cleaning services, towing and roadside assistance, repair and maintenance of wireless telephone devices, home medical and physiotherapy services with supply of medical equipment and devices, and smart parking concession rights under IFRIC 12; the company operates primarily in the Kingdom of Saudi Arabia with headquarters in Riyadh's Batic Tower on Al-Arz Street in the Al-Olaya District and was founded in 1984 as Saudi Refrigerated Transport Company, formerly known as Saudi Transport and Investment Company - Mubarrad before rebranding to Batic in April 2017 following shareholder approval, listed on Tadawul in 1991 with current share capital of SAR 600 million divided into 600 million shares after a 2021 increase from SAR 300 million and a 2023 bylaws amendment splitting share nominal value from SAR 10 to SAR 1 per share while canceling the statutory reserve and transferring its balance to retained earnings. Recent developments include a memorandum of understanding signed in September 2024 with Parkin Company to enhance smart city parking solutions by integrating Parkin's technology with Batic's public parking network managed by subsidiary Smart City Solutions Company (SCSC) and exploring paid parking expansions with municipalities, developers, and venue operators, an increase in direct ownership of Smart Cities ICT Solutions Company to 88.4% in Q2 2024 via transfer of 8% shares from AMNCO Facility Management with completed regulatory procedures, ongoing logistics projects by subsidiaries including commencement of two warehouse constructions in Riyadh, additions to property and equipment, investment properties, intangible assets, and right-of-use assets for buildings and trucks in Q3 2024 financials showing net cash generated from operating activities of SAR 80.9 million, and strategic investments in short-term financial assets at fair value through profit or loss alongside proceeds from disposals supporting operational growth amid Vision 2030 alignment.