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 22.80
Change (%) -2.31
Volume 908,108
Number of Shares (mln) 60
Market Cap (mln) 1,368
FINANCIAL HIGHLIGHTS, SAR'000 2017 2018 2019
Revenues 773,120 658,616 641,081
Gross profit 75,153 79,734 51,689
(Loss) profit for the year -69,737 -90,692 -75,298
Total assets 1,303,017 1,162,110 1,183,653
Total liabilities 493,808 464,286 563,646
Total equity 809,209 697,824 620,007
Basic and diluted (loss) earnings per share (SAR) -1.09 -1.43 -1.20
Dividend per share (SAR) 0.75