Market: Tadawul
Symbol: 4230

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, the RSAH was formed to 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 15.66
Change (%) -0.89
Volume 62,647
Number of Shares (mln) 60
Market Cap (mln) 940
FINANCIAL HIGHLIGHTS, SAR'000 2015 2016 2017
Revenues 1,027,892 1,030,417 773,120
Gross profit 256,802 263,341 75,153
(Loss) profit for the year 76,097 92,229 -69,737
Total assets 1,585,626 1,483,315 1,303,017
Total liabilities 629,596 555,655 493,808
Total equity 956,030 927,660 809,209
Basic and diluted (loss) earnings per share (SAR) 1.27 1.51 -1.09
Dividend per share (SAR) 1.00 0.75 0.75