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Riyadh Steel Co.

9588
RIYADH STEEL
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  • 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
49.00
2024/04/01
Low
16.20
2023/12/06
Change**
0.0

PERFORMANCE

Start of Year
Year ago
3 Years ago

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Announcements

  • Riyadh Steel Co. announces its annual financial results for the year ended 31-12-2023

    9588
    RIYADH STEEL 3.84 %
    1445/09/18     28/03/2024 08:04:51
  • Riyadh Steel Company Announces the Board of Directors' Recommendation to Split The Nominal Value of its Shares

    9588
    RIYADH STEEL 3.84 %
    1445/06/13     26/12/2023 09:32:08
  • Riyadh Steel Co. Announces the Board’s Recommendation to Increase the Capital by Granting Bouns Shares

    9588
    RIYADH STEEL 3.84 %
    1445/06/13     26/12/2023 08:04:08
  • Riyadh Steel Co. Announces Resignation and Appointment Audit Committee Member

    9588
    RIYADH STEEL 3.84 %
    1445/05/22     06/12/2023 09:37:34
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Corporate Actions

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    Past Events

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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 Flow 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 Flow
      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
      2024-04-25 طارق عبدالرحمن محمد الغنام Chairman 3.2397400% 3.2397400% 0
      2024-04-25 احمد عبدالكريم ابراهيم النافع Board of Directors 4.9900000% 4.9900000% 0
      2024-04-25 سلطان توفيق احمد القصير Board of Directors 0.3000000% 0.3000000% 0
      2024-04-25 احمد عبدالكريم ابراهيم النافع Senior Executives 4.9900000% 4.9900000% 0
      2024-04-25 محمد عبدالله عبدالرحمن السيف Board of Directors 3.3022400% 3.3022400% 0
      2024-04-25 معن حمد محمد الجاسر Board of Directors 9.6354200% 9.6354200% 0
      2024-04-25 عبدالكريم ابراهيم عبدالكريم النافع Board of Directors 3.5164400% 3.5164400% 0
      2024-04-25 خالد حمد يحيى اليحيى Board of Directors 3.5164400% 3.5164400% 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 a sole proprietorship in the name of Maan Bin Hamad Al-Jasser Factory for Rolling Iron to its owner, Mr. Maan Bin Hamad Bin Mohammed Al-Jasser, and registered in the Commercial Register in Riyadh under No. (158433) and dated 14/01/1421H (corresponding to 04/19/2000G) and with a capital of SAR (1,177,500) one million One hundred and seventy-seven thousand five hundred Saudi riyals. On 16/12/1421 AH (corresponding to 11/03/2001 G) the branch of the Maan Bin Hamad Al-Jasser Factory was transformed into a limited liability company under the name of Riyadh Rolling Iron Company Limited, with a capital of SAR (5,000,000) five million Saudi riyals, on 11/04/1426H (corresponding to 06/12/2005G) the partners amended the trade name, and on 12/29/1430H (corresponding to 16/11/2009G) the partners increased the companys 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, and on 22/12/1442H (corresponding to 01/08/2021G) the partners increased the companys 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 profits, and on 01/05/1443H (corresponding to 09/08/2021G), the partners modified the companys term from (10) years to (99) years, and increased the companys capital from SAR (40,000,000) forty One million Saudi riyals to SAR (50,000,000) fifty million Saudi riyals, by capitalizing the retained earnings in the amount of SAR (10,000,000) ten million Saudi riyals, based on the recommendation of the Board of Directors on 04/18/1443H (corresponding to 11/23/2021G).

      Company Bylaws

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      Equity Profile

      • Authorized Capital (SAR) 50,000,000
      • Issued Shares 5,000,000
      • Paid Capital (SAR) 50,000,000
      • Par Value/Share 10
      • Paid Up Value/Share 10

      Last Update :2023-12-03

      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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          Start Date
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          End Date
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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
          -
        • Memebrship Character
          Board Member
          End Date
          -

        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
        • Memebrship Name
          Alinma Makkah 1st development fund
          Start Date
          -
        • Memebrship Character
          Board Member
          End Date
          -
        • Memebrship Name
          Alinma Makkah 2nd development fund
          Start Date
          -
        • Memebrship Character
          Board Member
          End Date
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          Alinma Masharif Al Awali Fund
          Start Date
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          Board Member
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          Alinma Logistic District Fund
          Start Date
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          Alinma Almohamadia Real Estate Fund
          Start Date
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          Alinma Hospitality REIT Fund
          Start Date
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          Board Member
          End Date
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        • Memebrship Name
          Alinma Retail REIT Fund
          Start Date
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          Alinma Ajyad Real Estate Fund
          Start Date
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          Alinma Al Khumra Real Estate Fund
          Start Date
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        • Memebrship Character
          Board Member
          End Date
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          Alinma Riyadh View Fund
          Start Date
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          Board Member
          End Date
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          Alinma Aljazira 1st Fund
          Start Date
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          Alinma Dhahiat Alriyadh Fund
          Start Date
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          Real Estate Fund
          Start Date
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        • Memebrship Name
          Saudi Frusiya Club
          Start Date
          -
        • Memebrship Character
          Board Member
          End Date
          -
        • Memebrship Name
          Riyadh Chamber
          Start Date
          -
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          Board Member
          End Date
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          Alinma Al madina Real Estate Fund
          Start Date
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          Board Member
          End Date
          -

        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:

      https://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.