Market: Tadawul
Symbol: 4230
ISIN: SA000A0KEWM4

Red Sea International Company, a Saudi Public Joint Stock Company comprises the businesses of Red Sea Housing Services (RSHS), the Industrial Housing Division, Red Sea Affordable Housing (RSAH), the affordable housing arm, and Red Sea Building Materials (RSBM), the Building Materials Division. Since the establishment of our first subsidiary 4 decades ago, RSHS has become the largest and most advanced modular building solution provider throughout Middle East, Africa, and Asia. Our innovative building techniques and business spread is reflected through the diversified product portfolio and successful imprint across industry sectors. Whilst establishing our footprint in over 65 countries worldwide, we have actively embedded our presence and reputation as the leader in off-site modular construction.

Being one of the largest producers of modular building systems in the Middle East and North Africa, we also leverage our expertise and know-how to provide affordable housing solutions to communities who are in need, across the globe.

The RSBM was formed by a shareholder’s agreement with Sherwin-Williams, a leading US based paints manufacturer, when it acquired 81% share of Premier Paint Company.

Currency SAR
Last Closing Price 42.00
Change (%) -1.41
Volume 168,498
Number of Shares (mln) 30
Market Cap (mln) 1,270
FINANCIAL HIGHLIGHTS, SAR'000 2022 2023 2024
Revenues 404,207 1,378,489 2,984,238
Gross profit -56,596 109,599 347,045
(Loss) profit for the year 197,769 -23,131 4,061
Total assets 778,744 2,673,084 2,887,560
Total liabilities 685,070 2,182,458 2,393,091
Total equity 93,674 490,626 494,469
Basic and diluted (loss) earnings per share (SAR) -6.49 -1.59 -2.06
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