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Red Sea International Company JSC (Saudi Arabia)

Main Activities: Real Estate Property Managers
Full name: Red Sea International Company JSC Profile Updated: March 12, 2024
Buy our report for this company USD 29.95 Most recent financial data: 2022 Available in: English Download a sample report

Red Sea Housing Services Company is a Saudi joint-stock company, incorporated in 2003. Its headquarters are in Jubail city, which is situated on the Persian Gulf coast. It offers a range of commercial and residential housing solutions offering temporary and permanent structures, including accommodation units, offices, kitchen and dining units, recreation facilities, laundry centers, labor quarters, drilling and rig camps, dormitories, guardhouses, hospitals and clinics, hotels, relief housing facilities and schools. The company’s projects include Sitemaster-3 Series, Sitemaster-25 Series, Seaway Series, Steel Roughneck and Premier Series. Red Sea Housing Services is also involved in property investment and development activities. The company has subsidiaries in Ghana, Algeria and Qatar and branches in Dubai, Afghanistan and Equatorial Guinea.

Headquarters
P.O Box:9371, Al-Rimal District, Airport Street
Al Derriyah, Riyadh; Postal Code: 11413

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Website: http://www.rsh.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:
1967
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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51%
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10%
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9%
Subsidiaries
Premier Paints Company (Ppc)
Red Sea Building Materials And Equipments Trading Company (Rsbm)
Red Sea Construction Llc (United Arab Emirates)
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
28.98%
Total operating revenue
29.58%
Operating profit (EBIT)
62.57%
EBITDA
N/A
Net Profit (Loss) for the Period
55.77%
Total assets
4.82%
Total equity
-76.09%
Operating Profit Margin (ROS)
28.7%
Net Profit Margin
30.21%
Return on Equity (ROE)
-64.62%
Debt to Equity Ratio
798.59%
Quick Ratio
0.4%
Cash Ratio
0.45%

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