Shaker Company announces the Appointment of a new Chief Executive Officer and the Cancellation of Assignment of its Acting Chief Executive Officer

Shaker Company Announces its Board decision to cancel the assignment of its Country Manager Mr. Hakam Abu Risheh from his post as acting CEO ,  and the appointment of Eng. Azzam Almudaiheem as a new Chief Executive Officer for the Company effective 19-11-2017. Eng. Al Mudaiheem  holds a BSc – Mechanical Engineering with Honors from …

Shaker Company announces the Appointment of a new Chief Executive Officer and the Cancellation of Assignment of its Acting Chief Executive Officer Read More »

Shaker Company announces the Appointment of a new Chief Executive Officer and the Cancellation of Assignment of its Acting Chief Executive Officer

Shaker Company Announces its Board decision to cancel the assignment of its Country Manager Mr. Hakam Abu Risheh from his post as acting CEO, and the appointment of Eng. Azzam Almudaiheem as a new Chief Executive Officer for the Company effective 19-11-2017.Eng. Al Mudaiheem holds a BSc Mechanical Engineering with Honors from King Saud University, …

Shaker Company announces the Appointment of a new Chief Executive Officer and the Cancellation of Assignment of its Acting Chief Executive Officer Read More »

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 …

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

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 …

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

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 …

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

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 …

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

Al Hassan Ghazi Ibrahim Shaker Co. announces the interim financial results for the period ending on 31-03-2017 (Three Months)

ELEMENT CURRENT QUARTER SIMILAR QUARTER FOR PREVIOUS YEAR % CHANGE CURRENT PREVIOUS QUARTER % CHANGE PREVIOUS Net profit (loss) -14,890 27,984 – -29,556 49.62 Gross profit (loss) 67,085 98,659 -32 69,496 -3.47 Operational profit (loss) -22,674 23,094 – -17,755 -27.7 Earning or loss per share, Riyals -0.24 0.44 – – – All figures are in …

Al Hassan Ghazi Ibrahim Shaker Co. announces the interim financial results for the period ending on 31-03-2017 (Three Months) Read More »

Reducing Energy Consumption up to 53% plus 10 Years Warranty Shaker Group launches the New Generation of Dual Inverter ACs

Shaker Group, the sole distributor of LG Air Conditioners in Saudi Arabia, conducted recently the annual dealer’s conventions in five Saudi cities. The events were attended by over 1,500 VIP guests, including LG Air Conditioners’ dealers, contractors, developers and media people.  Commented on the event, Mr. Jameel bin Abdullah Al Molhem, Managing Director of Shaker …

Reducing Energy Consumption up to 53% plus 10 Years Warranty Shaker Group launches the New Generation of Dual Inverter ACs Read More »

Al Hassan Ghazi Ibrahim Shaker Co. announces the annual financial results for the period ending on 31-12-2016

ELEMENT CURRENT YEAR PREVIOUS YEAR % CHANGE Net profit (loss) 47,524 136,536 -65.19 Earning or loss per share, Riyals 0.75 2.17 – Gross profit (loss) 397,964 434,857 -8.48 Operational profit (loss) 49,747 91,454 -45.6 All figures are in (Thousands) Saudi Arabia, Riyals ELEMENT EXPLAINATION Reasons of annual financial results The decrease in current period net, …

Al Hassan Ghazi Ibrahim Shaker Co. announces the annual financial results for the period ending on 31-12-2016 Read More »

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