ADES Holding Company

SASE:2382 Stock Report

Market Cap: ر.س15.5b

ADES Holding Management

Management criteria checks 2/4

ADES Holding's CEO is Mohamed Farouk Md. Abdul Majeed Khaleq, appointed in Jan 2012, has a tenure of 13.33 years. directly owns 0.4% of the company’s shares, worth SAR62.65M. The average tenure of the management team and the board of directors is 2.7 years and 2.2 years respectively.

Key information

Mohamed Farouk Md. Abdul Majeed Khaleq

Chief executive officer

ر.س216.0k

Total compensation

CEO salary percentagen/a
CEO tenure13.3yrs
CEO ownership0.4%
Management average tenure2.7yrs
Board average tenure2.2yrs

Recent management updates

Recent updates

ADES Holding Company Just Missed Earnings - But Analysts Have Updated Their Models

May 08
ADES Holding Company Just Missed Earnings - But Analysts Have Updated Their Models

Here's What To Make Of ADES Holding's (TADAWUL:2382) Decelerating Rates Of Return

Mar 03
Here's What To Make Of ADES Holding's (TADAWUL:2382) Decelerating Rates Of Return

Slowing Rates Of Return At ADES Holding (TADAWUL:2382) Leave Little Room For Excitement

Oct 10
Slowing Rates Of Return At ADES Holding (TADAWUL:2382) Leave Little Room For Excitement

CEO

Mohamed Farouk Md. Abdul Majeed Khaleq (58 yo)

13.3yrs
Tenure
ر.س216,000
Compensation

Dr. Mohamed Farouk Mohamed Abdul Majeed Abdul Khaleq is the Vice Chairman of Ades Holding Company since December 26, 2022. Dr. Khaleq has been CEO at Ades Holding Company. Dr. Khaleq serves as the Chief Ex...

Leadership Team

NamePositionTenureCompensationOwnership
Mohamed Farouk Md. Abdul Majeed Khaleq
Vice Chairman13.3yrsر.س216.00k0.40%
SAR 62.6m
Hussein Mohammed Abdul Salam Badawy
Chief Financial Officerno datano datano data
Montaser Mohamed Samy Naguib
Chief Operations Officerno datano datano data
Wissam Hamed Morsi Al Adani
Chief Information Officerno datano datano data
Morcos William Ekladious
General Counsel & Company Secretary9.8yrsno datano data
Manoj Parmesh
Chief Human Resources Officer2.3yrsno datano data
Ahmed Mohamed Abdel Othman
Chief Commercial & Strategy Officer3yrsno datano data
Mohammed Saad Al Sira
Vice President of Asset Management2.4yrsno datano data
Mehdi Hamel
Vice President of QHSSE & Sustainabilityno datano datano data
Mohamed Khalil
Vice President of Operationsno datano datano data
Ammar Abbas
Vice Chairman of Supply Chain Management1.8yrsno datano data
2.7yrs
Average Tenure
48.5yo
Average Age

Experienced Management: 2382's management team is considered experienced (2.7 years average tenure).

Board Members

NamePositionTenureCompensationOwnership
Mohamed Farouk Md. Abdul Majeed Khaleq
Vice Chairman9yrsر.س216.00k0.40%
SAR 62.6m
Mohamed Walid Cherif
Independent Director1.3yrsر.س234.00kno data
Hatem Ahmed Al Suleiman
Non Independent Non-Executive Director6.2yrsر.س216.00kno data
Ayman Mamdouh Mohamed Abbas
Non-Executive Chairman9yrsر.س266.00kno data
Meteb Mohamed Al Shathri
Non Independent Non-Executive Director2.2yrsر.س216.00kno data
Fadi Adel Al Saeed
Non Independent Non-Executive Director2.2yrsر.س224.00kno data
Abdulrahman Khalid Al Zamil
Non Independent Non-Executive Director2.4yrsر.س224.00kno data
Haitham Muhammed Alfayez
Independent Director1.3yrsر.س216.00kno data
Kamel Naceur
Independent Director1.3yrsر.س216.00kno data
2.2yrs
Average Tenure
48yo
Average Age

Experienced Board: 2382's board of directors are not considered experienced ( 2.2 years average tenure), which suggests a new board.

Company Analysis and Financial Data Status

DataLast Updated (UTC time)
Company Analysis2025/05/22 06:36
End of Day Share Price 2025/05/22 00:00
Earnings2025/03/31
Annual Earnings2024/12/31

Data Sources

The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.

PackageDataTimeframeExample US Source *
Company Financials10 years
  • Income statement
  • Cash flow statement
  • Balance sheet
Analyst Consensus Estimates+3 years
  • Forecast financials
  • Analyst price targets
Market Prices30 years
  • Stock prices
  • Dividends, Splits and Actions
Ownership10 years
  • Top shareholders
  • Insider trading
Management10 years
  • Leadership team
  • Board of directors
Key Developments10 years
  • Company announcements

* Example for US securities, for non-US equivalent regulatory forms and sources are used.

Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more.

Analysis Model and Snowflake

Details of the analysis model used to generate this report is available on our Github page, we also have guides on how to use our reports and tutorials on Youtube.

Learn about the world class team who designed and built the Simply Wall St analysis model.

Industry and Sector Metrics

Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on Github.

Analyst Sources

ADES Holding Company is covered by 18 analysts. 12 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.

AnalystInstitution
Jassim Al-JubranAljazira Capital Company
Madhu AppissaAl Rajhi Capital
Mazen Al-SudairiAl Rajhi Capital