Al-Salem Johnson Controls showcases rental solutions at Hajj expo

Al-Salem Johnson Controls (YORK) exhibits at the Hajj expo.
Updated 19 March 2018
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Al-Salem Johnson Controls showcases rental solutions at Hajj expo

The Ministry of Hajj and Umrah and related government entities work to ensure the comfort of pilgrims by offering diversified services. These include air conditioning and cooling solutions, which are especially important now that the since recent Hajj and Umrah seasons and Ramadan have lately coincided with the summer season.
The Coordination Council of Local Hajj Operators recently organized an exhibition under the theme “Equipping Hajj with Integrated and Supportive Services.” A number of service providers from different sectors participated in the event. Al-Salem Johnson Controls (YORK), a leading multi-industrial company and provider of integrated solutions that incorporate HVAC equipment, fire and security systems, building management systems and controls, participated in the exhibition.
The company has successfully offered its services in the past years to huge outdoor projects that witness overcrowding, including at the Two Holy Mosques.
During the exhibition, Al-Salem Johnson Controls presented the company’s services and solutions to the participating companies, highlighting its rental solutions.
The company is expanding holistic rental services of the air conditioning units and electrical power generators as it believes that the rental services are the ideal solution for cooling the Two Holy Mosques and the pilgrims’ camps.
It is also ideal for peak pilgrimage seasons when extra air conditioning units are needed, as well as for periodic maintenance, emergencies and abrupt breakdowns.
With warehouses located across Saudi Arabia, it is easy for Al-Salem Johnson Controls to have an immediate response to HVAC requirements by supplying air conditioning units and electrical power generators.
The company’s specialized team provides immediate integrated solutions that include initial diagnosis of the situation, installation of equipment, operation and maintenance as well as the dismantling and removal of equipment after the rental period is completed, which may vary between long- and short-term rentals based on the requirements.
Al-Salem Johnson Controls has been successfully operating and maintaining the world’s second largest cooling plant for the Holy Mosque in Makkah, one of the world’s largest cooling stations for the Prophet’s Mosque in Madinah, the Zamzam station, the hospital in Mina and the Jamarat area.
The company has previously provided its rental solutions to the Mataf expansion project at the Holy Mosque, the expansion of the Jamarat area, the Saudi Project for Utilization of Hajj Meat, and the Mina tents project.


Mobily quarterly loss down by 49%

Updated 30 min 9 sec ago
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Mobily quarterly loss down by 49%

Saudi telecom provider Mobily decreased its quarterly losses in Q1 2018 by 49 percent to SR93 million ($24.84 million) compared with SR182 million in Q4 2017. This was mainly due to a growth of revenues driven by a better mix of products mainly from data, the increase of efficiency in managing operational expenses, the impact of implementing IFRS 9 and 15, and the reversal of certain provisions that are no longer required, according to the company.

Revenues improved for the second consecutive quarter reaching SR2,833 million in Q1 2018 compared with SR2,827 million in Q4 2017, a slight increase of 0.2 percent, despite the following:

l The impact on sales at the beginning of the year due to the implementation of the value-added tax (VAT). 

l The reduction in interconnection rates by 45 percent.

l The seasonality of handset sales, and its increase in Q4 2017.

l The seasonal decrease related to the number of days in Q1. 

Without the decrease of the interconnection rates, revenues would have grown by 2 percent.

Mobily’s gross profit increased in Q1 2018 by 6.6 percent to SR1,663 million compared with SR1,560 million in Q4 2017. This increase is mainly due to the reduction in interconnection rates during Q1 2018 compared with those of Q4 2017 and the reduction in equipment costs in Q1 2018 compared with Q4 2017.

Mobily managed to grow its revenues for the second consecutive quarter. Q1 2018 revenues slightly decreased by one percent (SR33 million) to SR2,833 million compared with SR2,865 million in Q1 2017. Mobily achieved a stable level in revenues despite the general economic and regulatory changes, including the impact on sales in the beginning of the year due to the implementation of VAT, and the reduction in interconnection rates by 45 percent.

Without the decrease of the interconnection rates, the revenues would have grown by one percent year over year.

The gross profit stabilized at SR1,663 million in Q1 2018 compared to SR1,665 million in Q1 2017 with a slight decrease by 0.12 percent, despite the slight decrease in revenues.