Home / Red Sea International Co. / 2019 Annual Results

Red Sea International Co. 2019 Annual Results

Revenue

SAR 499M

Net Profit

SAR -72M

Red Sea International Co. (4230) reported full year 2019 revenue of SAR 499M, down 8.5% from SAR 546M in 2018. Net profit came in at SAR -72M, up 20.7% year on year. All figures sourced from CMA-mandated XBRL filings on the Saudi Exchange, processed by Sahm Screener.

Key Financial Metrics

Metric	2019	2018
Revenue	SAR 499M	SAR 546M
Net Profit	SAR -72M	SAR -91M
Gross Profit	SAR 142M	SAR 150M
Net Margin	-14.4%	-16.6%
ROE	-11.4%	-12.8%
Total Assets	SAR 1.18B	SAR 1.16B
Total Equity	SAR 631M	SAR 711M

Year on Year Comparison

Revenue decreased by 8.5% compared to 2018. Net profit increased by 20.7%. Revenue declined but profit grew — indicating improved efficiency or cost control.

View full company profile →

View all years:

2024 2023 2022 2021 2020 2019 2018

Financial data sourced from CMA-mandated XBRL filings published on the Saudi Exchange (Tadawul). Data processed and structured by Sahm Screener (sahmscreener.com). Updated nightly. Last updated: 2020-03-19.