Red Sea International Company manufactures and sells modular building solutions worldwide. 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, installation, and construction of utilities; civil works and subcontracting; wholesale and retail of sanitary and electrical equipment, and buildings machineries and equipment; and production and distribution of architectural paints, and industrial and marine coatings. In addition, it engages in the real estate development and investment, including purchase and lease of buildings and properties. Further, the company imports, sells, leases, installs, and maintains prefabricated buildings and related equipment; and invests in industrial, commercial, agricultural, and services and real estate projects. Red Sea International Company serves oil and gas, infrastructure, government, building and construction, mining, defense, offshore, and manufacturing sectors. The company was founded in 1967 and is based in Jeddah, the Kingdom of Saudi Arabia. Red Sea International Company is a subsidiary of Al Dabbagh Group Holding Company Limited.

22.42 SAR
As of 01/26/2022

Security Information
Category1:  Global Equity
Category2:  Common stocks
Category3:  Emerging markets
GICS sector:  Real Estate
Industry:  Real Estate Services
Index country:  Saudi Arabia
Country of incorporation:  Saudi Arabia
IPO date:  03/03/2010
Stock exchange:    Saudi Stock Exchange
Exchange country:   Saudi Arabia
Market cap:   1,424,400,000 SAR
Current dividend yield:   3.15%
Sedol:      B1L6PM0

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