Al Rashid Industrial Co.
9580.SR
Saudi Exchange34.94
SAR
+2.74
- -
Al Rashid Industrial Co.
9580.SR
(Saudi Exchange)
Recent
price
34.94
P/E
ratio
- -
div
yld
- -
ROIC.AI
Capital Structure
FRC
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in mil. unless spec.Working Capital
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in mil. unless spec.Growth Rates
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in mil. unless spec.Quarterly Revenue
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in mil. unless spec.Quarterly Earnings Per Share
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in mil. unless spec.Quarterly Dividends Per Share
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in mil. unless spec.- Similar Companies
- Business
- Al Rashid Industrial Co. Al Rashid Industrial Co. (9580.SR), founded in 1969 and headquartered in Riyadh, Saudi Arabia, manufactures and sells plastic packaging products to government and commercial sectors primarily within the kingdom; it operates four factories spanning over 44,000 square meters, supported by branches and warehouses across multiple regions, and employs 378 people under CEO Badr bin Eid Al-Harbi. Core offerings include food containers for refrigerators, trays, and casseroles; medical packaging and containers; boxes for creams, personal care products, saffron, incense, Maamoul, dates, sweets, and citrus fruits; single-use items such as heated and transparent cans, sushi trays, cake containers, egg storage boxes, fruit boxes, and cake cans; as well as hygienic medical supplies produced via extrusion, injection, thermoforming, and blowing techniques for sectors including food, household appliances, dates packaging, sweets, pastries, and disposable food containers, with products available online through lastmade.com. In October 2024, the company completed the self-financed acquisition of a factory site from International Factory for Jewel Boxes in Qassim 1st Industrial City for SAR 9.2 million including VAT, encompassing the site, buildings, machinery, equipment, vehicles, and transfer of 13,722 square meters in lease contracts approved by relevant authorities including MODON, aimed at boosting production capacity and market share locally and internationally with financial impacts expected in 2025; this follows its July 2024 announcement of the purchase and aligns with ongoing expansion to support Vision 2030 contributions.