Al Abdullatif Industrial Investment Company

Saudi Stock Exchange 2340.SR

Al Abdullatif Industrial Investment Company Gross Profit Margin for the year ending December 31, 2023: -2.08%

Al Abdullatif Industrial Investment Company Gross Profit Margin is -2.08% for the year ending December 31, 2023, a -280.80% change year over year. Gross Profit Ratio is the ratio of gross profit to net sales, indicating the percentage of revenue that exceeds the cost of goods sold and reflects the efficiency of a company in managing its production or procurement and sales.
  • Al Abdullatif Industrial Investment Company Gross Profit Margin for the year ending December 31, 2022 was 1.15%, a -60.79% change year over year.
  • Al Abdullatif Industrial Investment Company Gross Profit Margin for the year ending December 31, 2021 was 2.93%, a -54.95% change year over year.
  • Al Abdullatif Industrial Investment Company Gross Profit Margin for the year ending December 31, 2020 was 6.50%, a -4.88% change year over year.
  • Al Abdullatif Industrial Investment Company Gross Profit Margin for the year ending December 31, 2019 was 6.83%, a -26.77% change year over year.
Key data
Date Gross Profit Margin Operating Income Margin EBT Margin Net Income Margin
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Saudi Stock Exchange: 2340.SR

Al Abdullatif Industrial Investment Company

CEO Mr. Abdullatif Omar Suleiman Al Abdullatif
IPO Date March 3, 2010
Location Saudi Arabia
Headquarters 2nd New Industrial City
Employees 2,990
Sector Consumer Discretionary
Industries
Description

Al Abdullatif Industrial Investment Company, together with its subsidiaries, manufactures and sells carpets in the Kingdom of Saudi Arabia, Asia, North America, Africa, Europe, and Australia. The company operates through two segments, Carpet, Rugs and Related Products; and Blankets. It offers tufted and woven carpets, BCF yarns, carpet backings, masterbatches and colors, paper tubes, and blankets, as well as rugs for industrial, floor, travel, and prayer applications. The company is also involved in the production of yarn, polycarbonate filaments, plastic pipes and colorants, and carpet linings; and the provision of employees catering, transportation, and training services. It sells its products to manufacturers, exporters, importers, and retailers. The company was formerly known as Saudi Carpet Factory and changed its name to Al Abdullatif Industrial Investment Company in 2007. The company was founded in 1981 and is headquartered in Riyadh, the Kingdom of Saudi Arabia. Al Abdullatif Industrial Investment Company is a subsidiary of Al-Abdullatif Group Holding Company.

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StockViz Staff

January 15, 2025

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