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Red Sea Housing Services Company Snapshot
Red Sea Housing Services Co SJSC is a Saudi Arabia-based company engaged in the design, manufacture, finance and management of large-scale accommodation and infrastructure facilities. It provides living and working environments for industrial and residential communities. The Company sets up the infrastructure and facilities required for global companies to house large numbers of employees, including housing units, offices, utility services, telecommunications networks, catering and recreation facilities. Red Sea Housing Services Co SJSC operates manufacturing facilities in Saudi Arabia, the United Arab Emirates and Ghana. The Company is a subsidiary of Dabbagh Group Holding Company Limited based in Jubail, Saudi Arabia.

Sales Analysis. Red Sea Housing Services reported sales of 1.03 billion Saudi Riyals (US$274.11 million) for the year ending December of 2015. This represents a decrease of 7.0% versus 2014, when the company's sales were 1.10 billion Saudi Riyals. Contributing to the drop in overall sales was the 24.7% decline in Manufacturing and Selling, from 724.13 million Saudi Riyals to 545.33 million Saudi Riyals. . However, these declines were partially offset by the increase in sales of Rent (up 21.7% to 438.77 million Saudi Riyals) and Painting Materials (up 115.1% to 43.79 million Saudi Riyals) .
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Red Sea Housing Services
  Stock Performance Chart for Red Sea Housing Services
  Stock Data: Recent Stock Performance:
  Current Price (1/12/2017): 28.20
(Figures in Saudi Riyals)
1 Week -2.1%   13 Weeks -0.7%  
4 Weeks 19.5%   52 Weeks 49.2%  
Red Sea Housing Services Key Data:
  Ticker: 4230 Country: Saudi Arabia
  Exchanges: Major Industry: Materials
    Sub Industry: Mobile Homes
  2015 Sales 1,027,892,000
(Year Ending Jan 2016).
Employees: 2,800
  Currency: Saudi Riyals Market Cap: 1,692,000,000
  Fiscal Yr Ends: December Shares Outstanding: 60,000,000
  Share Type: Ordinary Closely Held Shares: 44,040,000
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