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Al Alabdullatif Industrial Company Snapshot
Al Abdullatif Industrial Investment Co. SJSC (AIIC) is a Saudi Arabia-based company that specializes in the manufacture and distribution of carpets, blankets and rugs; the production of intermediate products, such as polyester, acrylic, polypropylene and nylon threads; carpet and moquette linings; colored dyes, and paper tubes. The Company operates in two segments: Production of carpet, rugs and other accessories, and Production of blankets. AIIC's products include Tufted carpets, such as polyester tufted carpet, nylon tufted carpet, polypropylene tufted carpet, acrylic tufted carpet, 80/20 wool/nylon tufted carpet and grass tufted carpet; Woven carpets include polypropylene Billion Cubic Feet (BCF) carpet, polypropylene heatset carpet, acrylic carpet, viscose carpet and shaggy carpet, among others, and Non-woven carpets. The Company operates through its subsidiaries, and tufting and weaving plants.

Sales Analysis. Al Alabdullatif Industrial reported sales of 668.41 million Saudi Riyals (US$178.25 million) for the year ending December of 2017. This represents a decrease of 10.3% versus 2016, when the company's sales were 745.12 million Saudi Riyals. Contributing to the drop in overall sales was the 12.7% decline in Carpets, from 699.73 million Saudi Riyals to 610.58 million Saudi Riyals. . However, these declines were partially offset by the increase in sales of Quilts (up 27.4% to 57.83 million Saudi Riyals) .
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Al Alabdullatif Industrial
  Stock Performance Chart for Al Alabdullatif Industrial
  Stock Data: Recent Stock Performance:
  Current Price (2/14/2019): 11.60
(Figures in Saudi Riyals)
1 Week 0.9%   13 Weeks 1.9%  
4 Weeks 1.0%   52 Weeks -10.8%  
Al Alabdullatif Industrial Key Data:
  Ticker: 2340 Country: Saudi Arabia
  Exchanges: Major Industry: Consumer Durables & Apparel
    Sub Industry: Carpets & Rugs
  2017 Sales 668,411,000
(Year Ending Jan 2018).
Employees: N/A
  Currency: Saudi Riyals Market Cap: 942,500,000
  Fiscal Yr Ends: December Shares Outstanding: 81,250,000
  Share Type: Ordinary Closely Held Shares: 53,625,000
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