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Arriyadh Development Co. JSC (Saudi Arabia)

Main Activities: Other Financial Investment Activities | Lessors of Real Estate
Full name: Arriyadh Development Co. JSC Profile Updated: March 12, 2024
Buy our report for this company USD 29.95 Most recent financial data: 2023 Available in: English Download a sample report

Ar-Riyadh Development Company (Ardco) is a Saudi joint stock company incorporated in 1994 in Riyadh. The company’s main activities are related to project development. It is achieved via partnership with the public sector on the basis of BOT agreements. Thus, it develops, rents and markets commercial, residential and industrial facilities, such as public utility buildings, touristic and entertainment centres, housing compounds, and commercial and industrial showrooms. Its projects include Batha Meat and Vegetable Market, Riyadh Wholesale and Retail Market, Public Transportation Centre, Riyadh Vegetable and Fruits Wholesales Market, Sunrise Cities, Technical Service City, Riyadh Hills and Riyadh International Car Auction. Also, the company is engaged in investment activities in commercial and residential properties and investment in other companies that are engaged in related activities.

Headquarters
Ruling Palace Area King Fahad Road, Aldera District,Attameer Center, 3Rd. Floor P.O.Box 94542
Riyadh; Al-Riyadh; Postal Code: 11614

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Website: http://www.riyadh.dev

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:
1993
Key Executives
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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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Chief Executive Officer
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Chief Financial Officer
Ownership Details
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5.02%
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
31.01%
Total operating revenue
0.77%
Operating profit (EBIT)
-6.77%
EBITDA
-8.03%
Net Profit (Loss) for the Period
-9.59%
Total assets
7.48%
Total equity
8.34%
Operating Profit Margin (ROS)
-36.69%
Net Profit Margin
-35.95%
Return on Equity (ROE)
-2.26%
Quick Ratio
-0.64%
Cash Ratio
0.03%

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