Saudi Arabian Mining Company (Ma'aden)

Saudi Stock Exchange 1211.SR

Saudi Arabian Mining Company (Ma'aden) Gross Profit for the year ending December 31, 2023: USD 1.84 B

Saudi Arabian Mining Company (Ma'aden) Gross Profit is USD 1.84 B for the year ending December 31, 2023, a -57.36% change year over year. Gross profit is the difference between revenue and the cost of revenue, representing the profit earned from core business operations.
  • Saudi Arabian Mining Company (Ma'aden) Gross Profit for the year ending December 31, 2022 was USD 4.32 B, a 77.29% change year over year.
  • Saudi Arabian Mining Company (Ma'aden) Gross Profit for the year ending December 31, 2021 was USD 2.43 B, a 256.42% change year over year.
  • Saudi Arabian Mining Company (Ma'aden) Gross Profit for the year ending December 31, 2020 was USD 683.18 M, a 11.42% change year over year.
  • Saudi Arabian Mining Company (Ma'aden) Gross Profit for the year ending December 31, 2019 was USD 613.18 M, a -54.85% change year over year.
Key data
Date Gross Profit Operating Income EBIT EBITDA
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Saudi Stock Exchange: 1211.SR

Saudi Arabian Mining Company (Ma'aden)

CEO Mr. Robert G. Wilt
IPO Date March 3, 2010
Location Saudi Arabia
Headquarters Building Number 395
Employees 7,197
Sector Materials
Industries
Description

Saudi Arabian Mining Company (Ma'aden), together with its subsidiaries, operates as a mining and metals company in the Kingdom of Saudi Arabia, Indian Subcontinent, Japan, the United States, Europe, Australia, Brazil, Africa, GCC, and internationally. The company operates through Phosphate, Precious and Base Metals, and Aluminium segments. It primarily mines for gold, phosphate rock, bauxite, kaolin, and magnesite, as well as copper, zinc, and silver concentrates. The company sells phosphate fertilizers, ammonia, and industrial minerals, as well as aluminum and flat rolled products directly to customers and through marketing agents. It principally holds interests in the Mahd Ad-Dahab, Bulghah, Al-Amar, Sukhaybarat, As Suq, Ad Duwayhi, Al-Jalamid, Al-Khabra, Az Zabirah, Al-Ghazallah, and Al-Ba'itha mines. The company also produces aluminum and T-shape ingots, slabs, sheets, and billets; and urea, phosphate, and potassium fertilizers, as well as manages and develops infrastructure projects. Saudi Arabian Mining Company (Ma'aden) was incorporated in 1997 and is based in Riyadh, the Kingdom of Saudi Arabia.

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StockViz Staff

January 15, 2025

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