Makkah Construction & Development Co operates in the Apartment building operators sector.
In addition to historical fundamental analyses, the complete report available to purchase compares Makkah Construction & Development Co with three other
Real estate operators in Middle East:
Commercial Real Estate Co KPSC
sales of 33.30 million Kuwaiti Dinars [US$108.83 million]
of which 82%
was Real Estate Sector),
Al-Mazaya Holding Company KSCP
(27.86 million Kuwaiti Dinars [US$91.06 million]
Taiba Investments Company SJSC
(387.53 million Saudi Arabian Riyals [US$103.31 million]
of which 56%
was Real Estate).
Makkah Construction & Development Co reported sales of 477.34 million Saudi Arabian Riyals (US$127.26 million)
December of 2019.
decrease of 15.3%
versus 2018, when the company's sales were 563.36 million Saudi Arabian Riyals.
Contributing to the drop in overall sales was the 22.0% decline
in Makkah Hilton Hotel and Towers, from 407.79 million Saudi Arabian Riyals to 318.05 million Saudi Arabian Riyals.
However, these declines were partially offset by the increase in sales of
Shopping Mall (up 1.6% to 154.23 million Saudi Arabian Riyals)
Other (up 34.0% to 5.06 million Saudi Arabian Riyals)