Shaker Group

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.

Brand Portfolio

Group Timeline

1950

Business established

by late Sheikh Ibrahim Mohamad Shaker First showrooms in Jeddah, Riyadh & Khobar

1950

1982

ISC
Ibrahim Shaker Company Limited

Specialized in the wholesale and retail of wide range of the Home Appliances.

1982

1994

HGISC
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

1994

2006

IHSPMC
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

2006

2006

LGSC
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.

2006

2010

New Vision
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

2010

2013

EMS
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.

2013

2015

ASDAA
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.

2015

Recent News

Al Hassan Ghazi Ibrahim Shaker Co. announces the interim financial results for the period ending on 30-09-2017 (Nine Months)

ELEMENT CURRENT QUARTER SIMILAR QUARTER FOR PREVIOUS YEAR % CHANGE CURRENT PREVIOUS QUARTER % CHANGE PREVIOUS Net profit (loss) -49,172 4,039 – -21,094 -133.11 Gross profit (loss) 29,293 94,408 -68.97 74,248 -60.55 Operational profit (loss) -38,664 11,832 – -15,009 -157.61 All figures are in (Thousands) Saudi Arabia, Riyals ELEMENT CURRENT PERIOD SIMILAR PERIOD FOR PREVIOUS

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CSR

In collaboration with the Charity Committee for Orphans Care (Insan) SHAKER GROUP SUPPORTS ORPHANS IN THE HOLY MONTH OF RAMADAN

Shake Group, in collaboration with the Charity Committee for Orphans Care “Insan”, recently organized a happy event of Iftar together with orphans with the goal of bringing them pleasure in the holy month of Ramadan. The event included many entertaining programs, including gifts distribution that extend joy and draw smiles amongst the orphans. Orphans were

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Uncategorized

Shaker Group is the First Saudi Company to be Fully Accredited by The Saudi Energy Efficiency Center (SEEC)

haker Group, through its (ESCO) subsidiary specialized in Energy Solutions, has attained another new success by obtaining the Certificate of Qualification granted by the Saudi Energy Efficiency Center (SEEC) as the first Saudi company in the private sector to honor this all-inclusive accreditation. The Company’s entitlement to this position is attributed to its fulfillment of

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Al Hassan Ghazi Ibrahim Shaker Co. announces the interim financial results for the period ending on 30-06-2017 (Six Months)

ELEMENT CURRENT QUARTER SIMILAR QUARTER FOR PREVIOUS YEAR % CHANGE CURRENT PREVIOUS QUARTER % CHANGE PREVIOUS Net profit (loss) -21,094 47,003 – -14,890 -41.67 Gross profit (loss) 74,248 135,401 -45.16 67,085 10.68 Operational profit (loss) -15,009 41,547 – -22,674 33.81 All figures are in (Thousands) Saudi Arabia, Riyals ELEMENT CURRENT PERIOD SIMILAR PERIOD FOR PREVIOUS

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Al Hassan G.I. Shaker Company announces the resignation of the Managing Director (CEO) and the assignment of Chief Executive Officer.

Shaker Company announces that its Board of Directors accepted on 31/5/2017 the resignation of Mr. Jameel Al Molhem from the executive offices of MD and Chief Executive Officer due to personal reasons, while keeping his membership on the board. Mr. Al Molhem’s resignation will take effect as of 25/7/2017.Further, the Board also decided on 31/5/2017

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