Al Ahsa Development Company Saudi Joint Stock Company was established under the Royal Decree number 573 dated 26 Rabi Thani 1414H ( Corresponding to 12 October 1993 ) and registered under commercial registration No. 2252021816 issued from Al-Ahsa dated 1st jumad Thani 1414H ( corresponding to 15 November 1993 .It manages & operates its subsidiaries and affiliated companies in diverse business segments, including industrial, real estate, tourism, education, textile, food processing and agriculture. It is engaged in investment activities primarily in industrial and services sectors. It is also involved in gypsum mining activities. The Company`s portfolio of investments includes, Al-Asha Medical Service Co., which operates Al-Ahsa Hospital; Saudi Japanese Textile Company, which manufactures woven textiles, and Al-Ahsa Recreation and Tourism, which is engaged in tourism and recreation projects.
Basic Information
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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Director / Member of the Management Board
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Director / Member of the Management Board
Ownership Details
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16.6%
Subsidiaries
Al Ahsa Food Industries Company
100%
Saudi Japanese Textile Industry Company
100%
Al Ahsa Medical Services Company
69.93%
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.
Total operating revenue
5.19%▲
Operating profit (EBIT)
N/A
Net Profit (Loss) for the Period
3734.02%▲
Operating Profit Margin (ROS)
N/A
Return on Equity (ROE)
3.28%▲
Debt to Equity Ratio
40.85%▲