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Riyadh Steel Co.

9588
RIYADH STEEL
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Stats Overview

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  • Open N/A
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  • No. of Trades
  • Avg. Trade size* N/A
  • Volume Traded
  • Value Traded (SAR)

Performance

RIYADH STEEL
- ( - )
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Name Price Change %
Riyadh Steel Co. %
Note: Prices are delayed minimum 5 minutes
  • *Average Trade Size = Cumulative / # of Trades
  • **52 Week Price Change =   (Current Price - Price year ago) / Price year ago x 100
  • Historical prices & volume traded data are adjusted to account for all corporate actions.
  • MO: Market Order

Trade Updates

Last Trade

Price
-
% Change
-
Volume Traded
0

Best Bid

Price -
Volume -

Best Offer

Price -
Volume -

52 WEEK

High
3.50
2024/04/01
Low
1.16
2023/12/06
Change**
0.0

PERFORMANCE

Start of Year
Year ago
3 Years ago

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Announcements

  • Riyadh Steel Co. Announces the Establishment of a Strategic Planning Committee

    9588
    RIYADH STEEL 0.99 %
    1446/03/30     03/10/2024 09:49:27
  • Riyadh Steel Co. Announces the Results of the Extraordinary General Assembly Meeting, ( First Meeting )

    9588
    RIYADH STEEL 0.99 %
    1446/03/22     25/09/2024 08:01:00
  • Riyadh Steel Co. Board invites its shareholders to attend the Extraordinary General Assembly Meeting the (First Meeting)

    9588
    RIYADH STEEL 0.99 %
    1446/02/24     28/08/2024 16:12:43
  • Riyadh Steel Co. Announces Obtaining a Short-Term Banking Facilities Agreement (Compatible With the Provisions of Islamic Sharia)

    9588
    RIYADH STEEL 0.99 %
    1446/02/23     27/08/2024 08:04:05
  • Riyadh Steel Co. announces its Interim Financial results for the period ending on 2024-06-30 ( Six Months )

    9588
    RIYADH STEEL 0.99 %
    1446/02/15     19/08/2024 15:56:36
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      Dividends

      Announced Date Eligibility Date Distribution Date Distribution Way Dividend Amount

      CompanyProfilev2Financials

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      Financials

      • FINANCIAL INFORMATION
      • FINANCIAL STATEMENTS AND REPORTS
      • Annually
      • Quarterly
      Balance Sheet 2023-12-31 2022-12-31
      Total Assets
      125,651
      85,326
      - -
      Total Liabilities
      50,718
      20,991
      - -
      Total Shareholders Equity (After Deducting the Minority Equity)
      74,933
      64,335
      - -
      Total Liabilities and Shareholders Equity
      125,651
      85,326
      - -
      Statement of Income 2023-12-31 2022-12-31
      Total Revenue (Sales/Operating)
      134,201
      156,102
      - -
      Net Profit (Loss) before Zakat and Tax
      12,968
      6,455
      - -
      Zakat and Income Tax
      -1,824
      -1,362
      - -
      Net Profit (Loss) after Zakat and Tax
      11,144
      5,093
      - -
      Total Comprehensive Income
      10,598
      4,342
      - -
      Profit (Loss) per Share
      2.23
      1.02
      - -
      Cash Flows 2023-12-31 2022-12-31
      Net Cash From Operating Activities
      -1,288
      9,396
      - -
      Net Cash From Investing Activities
      -8,703
      -643
      - -
      Net Cash From Financing Activities
      12,092
      -11,257
      - -
      Cash and Cash Equivalents, Beginning of the Period
      11,241
      13,745
      - -
      Cash and Cash Equivalents, End of the Period
      13,342
      11,241
      - -
      All Figures in Thousands Thousands
      All Currency In SAR SAR
      Last Update Date 2024-04-01 2024-04-02

      The Capital Market Authority and Saudi Exchange take no responsibility for the contents of this disclosure, make no representations as to its accuracy or completeness, and expressly disclaim any liability whatsoever for any loss arising from, or incurred in reliance upon, any part of this disclosure, and the issuer accepts full responsibility for the accuracy of the information contained in it and confirms, having made all reasonable enquiries, that to the best of their knowledge and belief, there are no other facts or information the omission of which would make the disclosure misleading, incomplete or inaccurate. The above information does not replace detailed financial statements, as detailed financial statements are the reliable source that must be consulted to obtain accurate financial information.

      Balance Sheet
      Total Assets
      Total Liabilities
      Total Shareholders Equity (After Deducting the Minority Equity)
      Total Liabilities and Shareholders Equity
      Statement of Income
      Total Revenue (Sales/Operating)
      Net Profit (Loss) before Zakat and Tax
      Zakat and Income Tax
      Net Profit (Loss) after Zakat and Tax
      Total Comprehensive Income
      Profit (Loss) per Share
      Cash Flows
      Net Cash From Operating Activities
      Net Cash From Investing Activities
      Net Cash From Financing Activities
      Cash and Cash Equivalents, Beginning of the Period
      Cash and Cash Equivalents, End of the Period
      All Figures in
      All Currency In
      Last Update Date

      The Capital Market Authority and Saudi Exchange take no responsibility for the contents of this disclosure, make no representations as to its accuracy or completeness, and expressly disclaim any liability whatsoever for any loss arising from, or incurred in reliance upon, any part of this disclosure, and the issuer accepts full responsibility for the accuracy of the information contained in it and confirms, having made all reasonable enquiries, that to the best of their knowledge and belief, there are no other facts or information the omission of which would make the disclosure misleading, incomplete or inaccurate. The above information does not replace detailed financial statements, as detailed financial statements are the reliable source that must be consulted to obtain accurate financial information.

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      Shareholding Information

      • Board Of Directors
      • Foreign Ownership
      • Substantial Shareholders
      Time Period
      -
      Search
      Trading Date Shareholders Designation Shares Held Trading Day Shares Held Prev Trading Day Change
      2024-11-07 طارق عبدالرحمن محمد الغنام Chairman 3.2397286% 3.2397286% 0
      2024-11-07 خالد حمد يحيى اليحيى Board of Directors 3.5021429% 3.5021429% 0
      2024-11-07 عبدالكريم ابراهيم عبدالكريم النافع Board of Directors 3.2581071% 3.2581071% 0
      2024-11-07 معن حمد محمد الجاسر Board of Directors 9.6354143% 9.6354143% 0
      2024-11-07 محمد عبدالله عبدالرحمن السيف Board of Directors 3.3022286% 3.3022286% 0
      • The listed company (Publisher) shall be responsible for the accuracy of the published information pertaining to the ownership of the Board of Directors, Chief Executive Officer or highest executive position, and the Chief Financial Officer. The listed company shall also be responsible for updating these information thereof. Therefore, the Saudi Stock Exchange (Tadawul) shall not be liable for the information contained therein, nor for any consequences that may result from the said information.
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      Riyadh Steel Co.
      Price -
      Market Cap (SAR MN)
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      Index Name Index Level 1D Return
      Riyadh Steel Co. %
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      Company Profile

      Company overview

      The company is one of the largest factories for the production of steel bars (angles and flats) in the Kingdom of Saudi Arabia. The company''s business is divided into three business lines: Purchase of Sheared and unsheared scrap. Manufacture of iron blocks (Billets). Manufacture of iron bars (angle and flat).

      Company History

      Riyadh Steel Company was established as a branch of Maan Bin Hamad Al-Jasser Factory for Rolling Iron, a sole proprietorship owned by Mr. Maan Bin Hamad Bin Mohammed Al-Jasser. It was officially registered in the Commercial Registry in Riyadh under No. (158433), dated 14/01/1421H (corresponding to 19/04/2000G) and with a share capital of SAR (1,177,500) One million one hundred and seventy-seven thousand five hundred Saudi riyals. On 16/12/1421H (corresponding to 11/03/2001G) the branch of the Maan Bin Hamad Al-Jasser Factory transitioned into a limited liability company under the name of Riyadh Iron Rolling Company Limited, with a share capital of SAR (5,000,000) Five million Saudi riyals. Subsequently, on 04/11/1426H (corresponding to 06/12/2005G) the partners modified the trade name. On 29/12/1430H (corresponding to 16/11/2009G) the partners increased the company share capital from SAR (5,000,000) Five million Saudi riyals to SAR (10,700,000) Ten million seven hundred thousand Saudi riyals divided into (10,700) Ten thousand seven hundred shares. Further changes occurred on 22/12/1442H (corresponding to 01/08/2021G) when the partners raised the company capital from SAR (10,700,000) Ten million seven hundred thousand Saudi riyals to SAR (40,000,000) Forty million Saudi riyals by transferring retained earnings. On 01/05/1443H (corresponding to 09/08/2021G), the partners extended the company term from (10) years to (99) years and increased the share capital from SAR (40,000,000) Forty million Saudi riyals to SAR (50,000,000) Fifty million Saudi riyals, by capitalizing retained earnings worth SAR (10,000,000) Ten million Saudi riyals, based on the Board of Directors recommendation on 18/04/1443H (corresponding to 23/11/2021G). The company capital was further increased from SAR (50,000,000) Fifty million Saudi riyals to SAR (70,000,000) Seventy million Saudi Riyals, by transferring a portion of retained earnings amounting to SAR (20,000,000) Twenty million Saudi riyals, as resolved in the Extraordinary General Assembly meeting held on 24/12/1445H (corresponding to 30/06/2024G).

      Company Bylaws

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      Equity Profile

      • Authorized Capital (SAR) 70,000,000
      • Issued Shares 70,000,000
      • Paid Capital (SAR) 70,000,000
      • Par Value/Share 1
      • Paid Up Value/Share 1

      Last Update :2024-09-25

      Investment limits

      There are no investment limits on the company's shares as per the amended Rules for Qualified Foreign Financial Institutions Investment in Listed Securities and Instructions for the Foreign Strategic Investors Ownership in Listed Companies based on Company's bylaw and the issued Instructions by related regulators and supervisory authorities.

       

      • Company Details
      • BOARD OF DIRECTORS AND SENIOR EXECUTIVES INFORMATION
      • Date Established

        2001/11/03

      • Financial Year End

        31/12

      • Listing Date

        2023/12/03

      • External Auditors

        [RSM Allied Accountants Professional Services Co]

      • ISIN CODE

        SA15TG8KLQ14

      • Number of Employees

        298

      • Chairman

        Tariq Abdulrahman Alghannam
        Independent

        Tariq Abdulrahman Alghannam
        • BD Session Start
          2022-01-18
          Designation
          Chairman
        • BD Session End
          2027-01-18
          Classification
          Independent
        • Qualification
          Bachelor degree in Civil Engineering, University of Nebraska, USA.
      • Board of Directors

        Maan Hamad Aljasser Deputy Chairman - Non Executive

        Maan Hamad Aljasser
        • BD Session Start
          2022-01-18
          Designation
          Board of Directors
        • BD Session End
          2027-01-18
          Classification
          Deputy Chairman - Non Executive
        • Qualification
          Bachelor degree in Industrial Management, University of Petroleum & Minerals , Dhahran. Bachelor degree in Industrial Management, University of Petroleum & Minerals , Dhahran.

        Mohammed Abdullah Alsaif Independent

        Mohammed Abdullah Alsaif
        • BD Session Start
          2022-01-18
          Designation
          Board of Directors
        • BD Session End
          2027-01-18
          Classification
          Independent
        • Qualification
          Bachelor of Nutrition Sciences, University of Indiana, USA. Bachelor of Nutrition Sciences, University of Indiana, USA.

        Abdulkarim Ibrahim Alnafie Non - Executive

        Abdulkarim Ibrahim Alnafie
        • BD Session Start
          2022-01-18
          Designation
          Board of Directors
        • BD Session End
          2027-01-18
          Classification
          Non - Executive
        • Qualification
          Bachelor degree in Business Administration and Accounting, University of Whitworth, USA.
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        Khalid Hamad Alyahya Independent

        Khalid Hamad Alyahya
        • BD Session Start
          2022-01-18
          Designation
          Board of Directors
        • BD Session End
          2027-01-18
          Classification
          Independent
        • Qualification
          Bachelor and Master degrees in Civil Engineering - University of Wisconsin, Madison, USA
        Companies Membership
        • Memebrship Name
          Dividend Gate Capital
          Start Date
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        • Memebrship Character
          Board Member
          End Date
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        Sultan Tufique Alqsair Independent

        Sultan Tufique Alqsair
        • BD Session Start
          2022-01-18
          Designation
          Board of Directors
        • BD Session End
          2027-01-18
          Classification
          Independent
        • Qualification
          Bachelor degree in Business Administration, Villanova University, USA.
        Companies Membership
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          Alinma Makkah 1st development fund
          Start Date
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        • Memebrship Character
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          Alinma Makkah 2nd development fund
          Start Date
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        • Memebrship Character
          Board Member
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          Alinma Hospitality REIT Fund
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          Start Date
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          Start Date
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          Real Estate Fund
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          Saudi Frusiya Club
          Start Date
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          Board Member
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          Riyadh Chamber
          Start Date
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        Ahmed Abdulkarim Alnafie Executive

        Ahmed Abdulkarim Alnafie
        • BD Session Start
          2022-01-18
          Designation
          Board of Directors
        • BD Session End
          2027-01-18
          Classification
          Executive
        • Qualification
          Bachelor of Business Administration with honors, in Accounting, Entrepreneurship and Innovation, Seattle University, USA. Master in Accounting, Seattle University, USA.
      • Senior Executives

        Ahmed Abdulkarim Alnafie CEO

        Ahmed Abdulkarim Alnafie
        • BD Session Start
          2020-10-01
          Designation
          Senior Executives
        • BD Session End
          -
          Classification
          CEO

        Mohammad Usman Khan CFO

      Mohammad Usman Khan
      • BD Session Start
        2021-12-20
        Designation
        Senior Executives
      • BD Session End
        -
        Classification
        CFO

      Investor Relations

      Contact Name:

      Muath Mohammed Aloraini

      Company Address:

      Riyadh - Al Shuhada

      Contact Details:

      Telephone: 00966112694804
      Fax : 00966112697048
      Email : finance@riyadhsteel.com.sa

      Company Website:

      www.riyadhsteel.com.sa


      Name Of Subsidiary Percentage Of Property Main Business Location Of Operation Country Of Operation
      Baydaa Alyamama Industrial Company 100.00% Transformative Industries Riyadh Riyadh
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      The Capital Market Authority and Saudi Exchange take no responsibility for the contents of these disclosures, make no representations as to its accuracy or completeness, and expressly disclaim any liability whatsoever for any loss arising from, or incurred in reliance upon, any part of these disclosures, and the issuer accepts full responsibility for the accuracy of the information contained in it and confirms, having made all reasonable enquiries, that to the best of their knowledge and belief, there are no other facts or information the omission of which would make the disclosure misleading, incomplete or inaccurate.