Red Sea International Company

Saudi Stock Exchange 4230.SR

Red Sea International Company Capital Expenditure for the year ending December 31, 2023: USD -2.77 M

Red Sea International Company Capital Expenditure is USD -2.77 M for the year ending December 31, 2023, a -617.20% change year over year. Capital expenditure is cash spent on acquiring or maintaining fixed assets, such as property, plants, and equipment (PP&E).
  • Red Sea International Company Capital Expenditure for the year ending December 31, 2022 was USD -385.77 K, a 63.69% change year over year.
  • Red Sea International Company Capital Expenditure for the year ending December 31, 2021 was USD -1.06 M, a 20.39% change year over year.
  • Red Sea International Company Capital Expenditure for the year ending December 31, 2020 was USD -1.33 M, a 29.45% change year over year.
  • Red Sea International Company Capital Expenditure for the year ending December 31, 2019 was USD -1.89 M, a 36.94% change year over year.
Key data
Date Capital Expenditure Free Cash Flow Depreciation And Amortization Deferred Income Tax
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Saudi Stock Exchange: 4230.SR

Red Sea International Company

CEO Mr. Marwan Sayegh
IPO Date March 3, 2010
Location Saudi Arabia
Headquarters PO Box 1531
Employees 2,800
Sector Industrials
Industries
Description

Red Sea International Company manufactures and sells modular building solutions worldwide. The company develops, builds, sells, and leases residential and commercial buildings. Its Industrial Housing division offers various types of industrial modular buildings for temporary or semi-permanent structures, workforce accommodation units, offices, kitchen and dining units, recreation facilities, laundry areas, labor quarters, drilling and rig camps, dormitories, guardhouses, hospitals and clinics, hotels, relief housing facilities, schools, and religious facilities. The company's Affordable Housing division provides a range of housing solutions and services to the private and public sectors in the form of integrated communities or standalone housing neighborhoods. This division offers its housing units to communities of single homes, apartment buildings, or a combination of both. Its Building Materials division manufactures and supplies paints and coatings to industrial and residential sectors. The company is also involved in the general contracting, maintenance, and construction of utilities; civil works; provision of food services; trade and supply of food products; and investment and rental of properties. Red Sea International Company serves the oil and gas, infrastructure, government, building and construction, mining, defense, offshore, and manufacturing sectors. It has operations in the Kingdom of Saudi Arabia, the United Arab Emirates, Ghana, Papua New Guinea, Algeria, Malaysia, and internationally. The company was founded in 1967 and is based in Jubail, the Kingdom of Saudi Arabia. Red Sea International Company is a subsidiary of Al Dabbagh Group Holding Company Limited.

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StockViz Staff

January 15, 2025

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