Shaker Group is an extension of the work that Late Sheikh Ibrahim Shaker had established in 1950, to be amongst the first in Kingdom to enter the Air Conditioning & Home Appliances devices. Shaker Group is honored to be the exclusive importer & distributor of several leading international brands, and Shaker is the sole agent of LG Air Conditioners in Saudi Arabia. Throughout the years, Shaker Group has positioned its name within the top Saudi companies, providing a range of integrated solutions in terms of Air Conditioners and Home Appliances in the Saudi market and the region. Being a public company in Tadawul, Shaker group is achieving a steady growth in efficiency level. Currently, Shaker Group represents more than 8 global brands and has a nationwide footprint through a strong network of exclusive sales outlets, service centers, warehousing facilities, training academies, and extensive network of distributors including modern retailing channel through specialty retailers and hypermarkets.
by late Sheikh Ibrahim Mohamad Shaker First showrooms in Jeddah, Riyadh & Khobar
Ibrahim Shaker Company Limited
Specialized in the wholesale and retail of wide range of the Home Appliances.
Al Hassan Ghazi Ibrahim Shaker Company
Is the parent Company. It was initially established in 1994 as a Limited Liability Company (“LLC”). On the 18th of August, 2008 the Company was converted from an LLC to a Closed Joint Stock Company. HGISC deals in the manufacturing, wholesale and retail trade of Air Conditioning Products
Ibrahim Hussein Shaker Project and Maintenance Company
It was established in 2006. IHSPMC is the commercial arm of Shaker Group to serve the governmental entities and projects
LG Shaker Company Ltd: LG Shaker Company
Is a Coalition Inc. established in 2006, with the objective of manufacturing the LG branded Air Conditioners in Saudi Arabia in LG-Shaker Factory in Riyadh.
For Electronics and Electrical Appliances
It is a private shareholding Company in Hashemite Kingdom of Jordan, with the objective of manufacturing and distributing the home and electronic appliances
Energy Management Services
It is is a limited liability company, established in Dubai to provide energy management solutions, supplying reliable and cost-competitive energy commodities and services.
Asdaa Alkhaleej Co.
Asdaa Alkhaleej Co. is a limited liability Saudi company. The company`s capital is SR 500.000, and its headquarter in Riyadh, KSA. The company, which is a wholesale and retail dealer of electric appliances, is the Sole exclusive distributor of electric appliances of “Bissel” brand.
Shaker reports SAR 10.1 million net profit in first profitable year since 2016; annual revenue growth of 5.6%
Breakthrough Program, completed in 2020, had significant impact on top- and bottom-line results 12M net profit of SAR 10.1 million compared to net loss of SAR 50.9 million in 2019 12M revenue of SAR 932.7 million improved by 5.6% from 2019 Earnings per share improved to SAR 0.15 Agile response to Covid-19 and economic
Material impact of Breakthrough Program turnaround strategy demonstrated by results 12-month gross profit of SAR 165.6 million improved by 65.8% year-on-year 12-month revenue of SAR 882.8 million improved by 14.1% from 2018 12-month net loss narrowed by 74.8% to SAR 49.8 million Earnings per share improved to loss of SAR 0.79, from SAR 3.12 in
Correcting announcement from Al Hassan Ghazi Ibrahim Shaker Co. in regards to its Interim Financial Results for the Period Ending on 2019-09-30 ( Nine Months )
ELEMENT LIST EXPLANATION Date of Publishing the Previous Announcement Sought to be Corrected on Tadawul’s Website 2019-11-06 Corresponding to 1441-03-09 Incorrect statements in the previous announcement losses per share for current period -67 and for similar period for previous year -162 Correct Statement losses per share for current period -0.67 and for similar period for
Al Hassan Ghazi Ibrahim Shaker Co. announces its Interim Financial Results for the Period Ending on 2019-09-30 ( Nine Months )
ELEMENT LIST CURRENT QUARTER SIMILAR QUARTER FOR PREVIOUS YEAR %CHANGE PREVIOUS QUARTER % CHANGE Sales/Revenue 247,842 173,980 42.454 253,531 -2.243 Gross Profit (Loss) 49,053 27,292 79.733 48,282 1.596 Operational Profit (Loss) -6,158 -31,188 -80.255 -5,833 5.571 Net Profit (Loss) after Zakat and Tax -6,656 -46,782 -85.772 -9,938 -33.024 Total Comprehensive Income -6,708 -46,782 -85.661 -10,831
Shaker Group is participating in the Saudi Air Conditioning Exhibition (HVAC R EXPO) in Jeddah during January 14-16 2018, in recognition of its leading position in the Air Conditioning industry for more than 65 years of collective expertise. Shaker’s contribution in HVAC Exhibition reflects its enthusiasm to keenly participate in the vital economic activities that
Shaker Group, the sole distributor for LG Air Conditioners in Saudi Arabia, has inaugurated the expansion and advancement of its integrated LG Air Conditioning Academy. The Academy, funded by LG Air Conditioners, was announced at Shaker’s premises in Riyadh and attended by LG & Shaker top management and representatives. The Academy embraces a wide range