AFG International Company
TTADAWUL:424011.74
SAR
-0.66
(-5.32%)
ISIN
SA000A0LB2R6
Return %
Stock
S&P 500
1Y
-50.23
14.20
3Y
-37.22
81.12
5Y
-65.69
68.34
Capital Structure
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in mil. unless spec.Working Capital
SAR
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in mil. unless spec.Growth Rates
SAR
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in mil. unless spec.Quarterly Revenue
SAR
•
in mil. unless spec.Quarterly Earnings Per Share
SAR
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in mil. unless spec.Quarterly Dividends Per Share
SAR
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in mil. unless spec.Company Description
- CEO
- Sameer Jain
- Full Time Employees
- 4,107
- Sector
- Retail trade
- Industry
- Apparel/Footwear retail
- Address
- A3 Building Riyadh Riyadh Province Saudi Arabia 12373
- IPO Date
- Dec 23, 2006
- Website
- cenomiretail.com
- Similar Companies
- Business
- Fawaz Abdulaziz Al Hokair & Company (Cenomi Retail), a Saudi joint stock company listed on the Tadawul (ticker: 4240.SR) and founded in 1990 with headquarters in Riyadh, Kingdom of Saudi Arabia, operates as a leading franchise retailer in the fashion, electronics, and food and beverage sectors. The company engages in wholesale and retail trading of ready-made clothes for men, women, and children; footwear, accessories, sportswear, and related items; textiles; house and office furniture; perfumes; natural cosmetics; beauty materials; traditional jewelry; eyeglasses; sunglasses; contact lenses; optical equipment; Abayas; robes; scarves; embroidered gowns; gold and silver; communication equipment; consumer food products; and operates restaurants, coffee shops, and entertainment centers through an extensive network of outlets and subsidiaries. Its operations span the Kingdom of Saudi Arabia, Jordan, Egypt, Kazakhstan, Azerbaijan, Georgia, Armenia, Uzbekistan, and the United Arab Emirates, targeting diverse consumer segments across apparel, lifestyle, and leisure industries with segments including fashion retail (primarily apparels, footwear, and accessories), electronics (smartphones, computers, video games, smart TVs), and food and beverage (cafes and restaurants); it employs approximately 4,637 people and manages numerous wholly-owned and majority-owned subsidiaries focused on retail activities. In recent developments, the company underwent a major ownership change in September 2025, when Al-Futtaim Group, through Al Futtaim Retail Company, acquired a 49.95% stake (57.3 million shares) from selling shareholders including Fawaz bin Abdulaziz Alhokair and others for SAR 2.52 billion at SAR 44 per share, positioning Al Futtaim Group as the ultimate parent. Concurrently, it secured a SAR 1.6 billion banking facility from Emirates NBD and a SAR 1.35 billion shareholder loan from Al Futtaim Private Company LLC (with conversion option into equity), both to refinance debts and bolster financial stability, following full settlement of prior facilities with Saudi National Bank (SAR 2.4 billion equivalent) and others by mid-September 2025. The group also disposed of three underperforming brands in the nine months ended September 2025 (after 24 in 2024), restructured its brand portfolio toward high-performers, implemented cost-cutting measures yielding positive gross profit of SAR 499 million and operating profit of SAR 27 million for the period, and continues debt restructuring supported by its major shareholder.