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Saudi Arabian Mining Company Saudi Arabian Joint Stock Company (Saudi Arabia)

Main Activities: Gold Ore Mining | Sand, Gravel, Clay, and Ceramic and Refractory Minerals Mining and Quarrying | Phosphate Rock Mining
Full name: Saudi Arabian Mining Company Saudi Arabian Joint Stock Company Profile Updated: March 13, 2024
Buy our report for this company USD 29.95 Most recent financial data: 2023 Available in: English Download a sample report

Saudi Arabian Mining Company, commonly known as Ma'aden, is a Saudi mining and minerals company headquartered in the city of Riadh. It was incorporated in 1997 and its shares have been listed on the Saudi Stock Exchange since 2008. The company’s main activities are four types: operating five gold mines in KSA, phosphate, aluminium and industrial materials production. Maaden's exploration teams are trying to expand available resources in existing business areas and to broaden the company's mineral portfolio as well. The company is cooperating the the Government to develop an effective framework for the managing of the mining industry in the country.

Headquarters
Abi Bakr Asseddiq Road, South Exit 6, Northern Ring Road - Building Number 395, P.O Box 68861
Riyadh; Al-Riyadh; Postal Code: 11537

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Website: http://www.maaden.com.sa

Basic Information
Total Employees:
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Outstanding Shares:
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Registered Capital:
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Financial Auditors:
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Incorporation Date:
1997
Key Executives
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Chairperson
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Vice Chairperson
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Director / Member of the Management Board
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Director / Member of the Management Board
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Director / Member of the Management Board
Ownership Details
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67.184%
Subsidiaries
African Investment Group Limited (Seychelles)
Agora Limited (Malawi)
Agroserve S.A. (Mauritius)
Company Performance
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Key Financial Highlights
Annual growth percentages for latest two years in local currency SAR. Absolute financial data is included in the purchased report.
Net sales revenue
-27.32%
Total operating revenue
-27.48%
Operating profit (EBIT)
-69.23%
EBITDA
-51.48%
Net Profit (Loss) for the Period
-86%
Total assets
0.26%
Total equity
1.29%
Operating Profit Margin (ROS)
-20.88%
Net Profit Margin
-24.31%
Return on Equity (ROE)
-18.63%
Debt to Equity Ratio
-7.76%
Quick Ratio
-0.38%
Cash Ratio
0.23%

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