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Al Abdullatif Industrial Investment Company SJSC Company Snapshot
Al Abdullatif Industrial Investment Company SJSC Formerly known as Al Alabdullatif Industrial. Al Abdullatif Industrial Investment Company SJSC 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. The Company'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 Abdullatif Industrial Investment Company SJSC reported sales of 600.51 million Saudi Arabian Riyals (US$160.09 million) for the year ending December of 2019. This represents a decrease of 3.3% versus 2018, when the company's sales were 621.19 million Saudi Arabian Riyals. Contributing to the drop in overall sales was the 5.1% decline in Carpets, from 558.46 million Saudi Arabian Riyals to 529.98 million Saudi Arabian Riyals. . However, these declines were partially offset by the increase in sales of Quilts (up 12.4% to 70.52 million Saudi Arabian Riyals) .
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Al Abdullatif Industrial Investment Company SJSC
  Stock Performance Chart for Al Abdullatif Industrial Investment Company SJSC
  Stock Data: Recent Stock Performance:
  Current Price (11/26/2020): 15.84
(Figures in Saudi Arabian Riyals)
1 Week 3.0%   13 Weeks 16.6%  
4 Weeks 23.8%   52 Weeks 46.4%  
Al Abdullatif Industrial Investment Company SJSC Key Data:
  Ticker: 2340 Country: Saudi Arabia
  Exchanges: SAR Major Industry: Consumer Durables & Apparel
    Sub Industry: Carpets & Rugs
  2019 Sales 600,506,000
(Year Ending Jan 2020).
Employees: N/A
  Currency: Saudi Arabian Riyals Market Cap: 1,287,000,000
  Fiscal Yr Ends: December Shares Outstanding: 81,250,000
  Share Type: Ordinary Closely Held Shares: 53,625,000
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