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Saudi Fisheries Company Company Snapshot
Saudi Fisheries Co SJSC (Alasmak) is a Saudi Arabia-based joint stock company engaged in fishing and exploiting marine resources in the Saudi and international waters; processing and marketing its products inside and outside Kingdom of Saudi Arabia; offering sea food; shrimp farming; the import and export of fish and shrimp feedstock, as well as manufacture of cleaning and packaging materials. The Company's products fall into four divisions: Value added products, Individually Quick Frozen, Fish Products and Alasmak Tuna. The Company operates through its own fleet of fishing vessels, seafood processing plants, and a network of retail shops. Alasmak has four processing plants located in Dammam, Jazan, Jeddah and Reyadh. The Company produces polystyrene boxes, which are used for the Company's products. In addition, the Company's hatcheries project has two hatcheries that supply its shrimp farm with all shrimp larvae required for operations.

Sales Analysis. Saudi Fisheries Company reported sales of 40.59 million Saudi Riyals (US$10.82 million) for the year ending December of 2016. This represents a sharp decrease of 51.3% versus 2015, when the company's sales were 83.37 million Saudi Riyals.
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Saudi Fisheries Company
  Stock Performance Chart for Saudi Fisheries Company
  Stock Data: Recent Stock Performance:
  Current Price (1/19/2017): 12.40
(Figures in Saudi Riyals)
1 Week -1.2%   13 Weeks -7.5%  
4 Weeks 39.3%   52 Weeks 24.6%  
Saudi Fisheries Company Key Data:
  Ticker: 6050 Country: Saudi Arabia
  Exchanges: Major Industry: Food, Beverage & Tobacco
    Sub Industry: Finfish
  2016 Sales 40,594,169
(Year Ending Jan 2017).
Employees: N/A
  Currency: Saudi Riyals Market Cap: 663,865,000
  Fiscal Yr Ends: December Shares Outstanding: 53,537,500
  Share Type: Ordinary Closely Held Shares: 11,505,209
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