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Lazurde Company For Jewelry jsc (Saudi Arabia)

Main Activities: Jewelry and Silverware Manufacturing | Jewelry Stores
Full name: Lazurde Company For Jewelry jsc Profile Updated: January 31, 2024
Buy our report for this company USD 29.95 Most recent financial data: 2022 Available in: English Download a sample report

Lazurde Company for Jewelry is a Saudi Arabian company, headquartered in Riyadh, specialized in the production of gold wares, jewellery, precious stones and gold sets with precious stones. It also deals with distribution of accessories, glasses, watches, pens, perfumes and leather products. It was originally set up in 1992 under the name Saudi Gold and Pearl Factory, then in 1997 changed name to Lazurde Gold and Jewellery Factory and finally in 2006 it became Lazurde Company for Jewelry. It maintains stores and showrooms in Egypt and the UAE. Lazurde is the one of the world’s five largest gold and jewellery manufacturers.

Headquarters
Second Industrial Area- St. No. 198, Banks District, P.O Box 41270
Riyadh; Al-Riyadh; Postal Code: 11521

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Website: http://www.lazurde.com

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:
2006
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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Chief Executive Officer
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Chief Financial Officer
Ownership Details
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11.21%
Subsidiaries
Izdiad Commercial Company Of Arabia Limited Liability Company
100%
L'Azurde Company For Jewelry (United Arab Emirates)
99.67%
Oro Egypt Company For Manufacturing Precious Metals (Egypt)
99.13%
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
-3.75%
Total operating revenue
-3.75%
Operating profit (EBIT)
9.77%
EBITDA
-9.1%
Net Profit (Loss) for the Period
38.33%
Total assets
4.39%
Total equity
-12.54%
Operating Profit Margin (ROS)
0.66%
Net Profit Margin
0.85%
Return on Equity (ROE)
4.28%
Debt to Equity Ratio
-156.65%
Quick Ratio
0.02%
Cash Ratio
-0.02%

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