Annual Reports

01/01/2026

Al-Rashid Industrial Company Board of Directors’ Annual Report for 2025

01/01/2025

Al-Rashid Industrial Company Board of Directors’ Annual Report for 2024

07/05/2024

Al-Rashid Industrial Company Board of Directors’ Annual Report for 2023

06/05/2024

Al-Rashid Industrial Company Board of Directors’ Annual Report for 2023

05/10/2023

Al-Rashid Industrial Company Announces the Purchase of Two Plots of Land for SAR 8,566,950 (Eight Million Five Hundred Sixty-Six Thousand Nine Hundred Fifty Saudi Riyals)

Item Description
Introduction Al-Rashid Industrial Company announces the purchase of two plots of land in the New Industrial City District in Riyadh.
Transaction Details With reference to the auction held by Nasser Fahad Al-Joufan Establishment under the supervision of the Enforcement and Liquidation Center (Infath), pursuant to an Enforcement Court decision for the sale of properties in Riyadh, Al-Rashid Industrial Company participated in the auction for two adjacent plots of land in the New Industrial City District in Riyadh, with a total area of 8,477 square meters and a total value of SAR 8,566,950. The first plot has an area of 3,808 square meters, while the second plot has an area of 4,669 square meters. Accordingly, the two plots were awarded to Al-Rashid Industrial Company, and the sale procedures, transfer of ownership, and registration were completed.
Transaction Value 8,566,950 (Eight Million Five Hundred Sixty-Six Thousand Nine Hundred Fifty Saudi Riyals)
Transaction Terms None
Transaction Parties Seller: Enforcement Court.

Auction Supervision: Enforcement and Liquidation Center (Infath).

Buyer: Al-Rashid Industrial Company.

Transaction Financing Method From the company's available cash.
Transaction Date 1445-03-12 corresponding to 2023-09-27
Description of the Activity of the Asset Subject to the Transaction Warehouses
Financial Data for the Last Three Years of the Asset Subject to the Transaction Not applicable
Transaction Rationale To support the company's investment plans to establish central warehouses in the Riyadh region.
Expected Impact of the Transaction on the Company and Its Operations It will improve the efficiency of storage, shipping, and distribution operations for the company's products.
Related Parties None

13/09/2023

Announcement of Al-Rashid Industrial Company on the Preliminary Financial Results for the Period Ended June 30, 2023 (Six Months)

Item Current Period Previous Year Comparable Period Change%
Sales/Revenue 67,163,752 55,679,227 20.63
Gross Profit (Loss) 21,275,574 16,267,344 30.79
Operating Profit (Loss) 11,192,247 7,393,812 51.37
Net Profit (Loss) After Zakat and Tax 10,550,892 7,831,846 34.72
Total Comprehensive Income 11,285,880 8,151,151 38.46
Total Shareholders' Equity (After Excluding Minority Interest) 111,590,785 106,304,905 4.97
Earnings (Loss) Per Share 1.32 0.98
All figures are in (actual) Saudi Riyals
Item Explanation
The reason for the increase (decrease) in net profit during this period compared to the previous period is The increase in net profit by 34.72% during the first six months compared to the same period of the previous year is attributable to:

1- An increase in gross profit by 30.79% due to increased revenues from sales of various production lines, as well as additional items and products introduced during the period, along with increased coverage of local markets.

2- A decrease in raw material prices compared to the same comparable period.

Nature of Auditor's Opinion Unmodified Opinion
Reclassification of Certain Comparative Figures Not applicable
Attached Files

20/08/2023

Registration Document for the Listing of Al-Rashid Industrial Company Shares on the Parallel Market (Nomu)

The Capital Market Authority announced that Al-Rashid Industrial Company is a closed Saudi joint stock company pursuant to Ministerial Resolution No. (Q/226) dated 09/07/1439 AH (corresponding to 26/03/2018 AD), and Ministerial Resolution No. (Q/249) dated 17/10/1439 AH (corresponding to 01/07/2018 AD), and pursuant to Commercial Registration No. (1010004905) dated 14/02/1389 AH (corresponding to 01/05/1969 AD), issued in Riyadh.

05/06/2023

Capital Market Authority Announcement Regarding the Approval to Register Al-Rashid Industrial Company Shares for the Purpose of Direct Listing on the Parallel Market (Nomu)

The Capital Market Authority (the "Authority") announces the issuance of the Authority's Board resolution dated 16/11/1444 AH, corresponding to 05/06/2023 AD, approving the request submitted by Al-Rashid Industrial Company (the "Company") to register its shares for the purpose of direct listing on the Parallel Market. Trading of these shares will be limited to Qualified Investors as defined in the Glossary of Defined Terms Used in the Regulations and Rules of the Capital Market Authority. The Registration Document will be published sufficiently in advance of the listing date. Qualified investors wishing to purchase the listed shares should carefully review and study the information disclosed in the Registration Document. If the contents of the Registration Document cannot be understood, it is recommended to consult a licensed financial advisor before making any investment decision. The Authority's approval of the application should not be considered an endorsement of the feasibility of investing in the Company's shares. The Authority's approval means that the applicable regulatory requirements under the Capital Market Law and its Implementing Regulations have been fulfilled. The Authority's approval of the application shall remain valid for a period of six (6) months from the date of the Authority's Board resolution. The approval shall be deemed cancelled if the Company's shares are not listed within this period.