Saudi Advanced Industries Company

Saudi Stock Exchange 2120.SR

Saudi Advanced Industries Company Revenue for the year ending December 31, 2023: USD 47.97 M

Saudi Advanced Industries Company Revenue is USD 47.97 M for the year ending December 31, 2023, a 55.58% change year over year. Revenue is the total amount of money generated from the sales of goods or services by a company during a specific period.
  • Saudi Advanced Industries Company Revenue for the year ending December 31, 2022 was USD 30.83 M, a 14.23% change year over year.
  • Saudi Advanced Industries Company Revenue for the year ending December 31, 2021 was USD 26.99 M, a 175.75% change year over year.
  • Saudi Advanced Industries Company Revenue for the year ending December 31, 2020 was USD 9.79 M, a -16.74% change year over year.
  • Saudi Advanced Industries Company Revenue for the year ending December 31, 2019 was USD 11.76 M, a -1.03% change year over year.
Key data
Date Revenue Gross Profit Operating Income EBIT
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Saudi Stock Exchange: 2120.SR

Saudi Advanced Industries Company

CEO Mr. Muhannad Mustafa Al Ashqar
IPO Date March 4, 2010
Location Saudi Arabia
Headquarters Takhasusi Street with Othman bin Affan Road
Employees 4
Sector Industrials
Industries
Description

Saudi Advanced Industries Company invests in various industrial projects in the Kingdom of Saudi Arabia. It operates in Petrochemical, Glass Industry, Industrial Services, Financial Services and Investments, and Other segments. The company, through its investments, offers heavy maintenance and modification services for civil and military aircrafts; and aromatic or cyclic compounds, purified tralic acids, and polyester granules for bottles and packaging. It also provides marine and geophysical studies; ocean study; and seismic survey, as well as geodetic studies and mapping for the exploration and development of hydrocarbons, minerals, groundwater resources, and natural resources. In addition, the company operates heavy sealers and multi-purpose marine self-propelled platforms for drilling in the gulf waters and oil wells, as well as provides drilling services for oil and gas extraction. Further, it manufactures petrochemicals; and provides mortgage services to individuals and banks. Additionally, the company wholesales and retails glass; provides raw materials for glass and accessories, as well as offers coloring, cutting, and installation of glass. Saudi Advanced Industries Company was founded in 1987 and is headquartered in Riyadh, the Kingdom of Saudi Arabia.

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StockViz Staff

January 15, 2025

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