Saudi Fisheries
| Name | Saudi Fisheries | |
| Sector | Agriculture Forestry and Fisheries - Livestock & Fishery | |
| Trading | Tadawul | |
| RIC Code | 6050.SE | |
| Location | SAUDI ARABIA |
Profile and Background
Saudi Fisheries Company was created in 1981 to develop fisheries in a more coherent way in Saudi territorial waters. Government agencies own 40 per cent of the company's shares. It has invested in fleets of fishing and shrimping vessels and in a network of fish retail outlets.
Saudi Fisheries has also set up two fish processing factories, one in Dammam and the other in Jizan in the far southwest of the kingdom. They have capacity to deal with about 60 tonnes of fish a day. The company's five cold stores have total capacity of 2,740 tonnes.
After losses in 1996, Saudi Fisheries crept in profit in 1997 on the back of a 12 per cent contraction in the cost of sales. Sales fell by 4 per cent to SR 208.4 million ($55.6 million). The Saudi recession in 1998 dealt a fresh blow to the company.
Sales revenues fell modestly to SR 204 million ($54 million). As a result, the company moved back into the red and reported a loss for the year of almost SR 10 million ($2.7 million).
Saudi Fisheries has also set up two fish processing factories, one in Dammam and the other in Jizan in the far southwest of the kingdom. They have capacity to deal with about 60 tonnes of fish a day. The company's five cold stores have total capacity of 2,740 tonnes.
After losses in 1996, Saudi Fisheries crept in profit in 1997 on the back of a 12 per cent contraction in the cost of sales. Sales fell by 4 per cent to SR 208.4 million ($55.6 million). The Saudi recession in 1998 dealt a fresh blow to the company.
Sales revenues fell modestly to SR 204 million ($54 million). As a result, the company moved back into the red and reported a loss for the year of almost SR 10 million ($2.7 million).
Shareholding Groups
| Individuals | N/A |
| Institutions | N/A |
| Floating | N/A |
| Government | 40% |
Stock Performance
Market Information
| Stock | Saudi_Arabia Index | |
| Last Closing | SAR 79.5 | 3424.18 |
| YTD % |  -5.102% |  0% |
| Weekly % | -2.448% |  5.55% |
| Year High | SAR 143.95 | 9083.39 |
| Year Low | SAR 50.98 | 3296.01 |
| 52 Week High | SAR 409.85 | 4532.55 |
| 52 Week Low | SAR 25.99 | 2983.01 |
| BETA | 1.51 | |
| Outstanding Shares | 20,000,000 | |
| Market Cap | SAR 1,590,000,000 | |
| Market Cap in $ | USD $424,000,000 | |
| % of Saudi_Arabia Market | 0.13% | |
| % of Sector | 14.81% | |
| Rank by Cap | 55 |
Key Figures in '000 SAR
| 2004 | 2003 | 2002 | |
| Total Assets | 183,919 | 215,570 | 243,764 |
| Shareholder's Equity | 139,926 | 169,685 | 191,822 |
| NIAT | -29,059 | -22,982 | 2,938 |
| Dividends | N/A | N/A | N/A |
Financial Ratios
| 2004 | 2003 | 2002 | |
| Assets Growth | -14.68% | -11.57% | -3.38% |
| Earning Growth | 0.00% | 0.00% | -51.77% |
| ROaA | -14.55% | -10.01% | 1.18% |
| ROaE | -18.77% | -12.72% | 1.52% |
| No. Of Shares | 2,000,000 | 2,000,000 | 2,000,000 |
| EPS | -14.53 | -11.49 | 1.47 |
| EPS Growth | 0.00% | 0.00% | -51.77% |
| Payout Ratio | N/A | N/A | N/A |
Valuation Ratios
| Trailing | |
| PE | |
| PB | |
| DVPS | |
| Div Yield | |
| EV | |
| EV/Equity |
The information is this section is provided by SHUAA Capital PSC. The information contained in this section is not intended to be an offer, a recommendation, or a solicitation to buy or sell securities or investment products.
The information and opinions contained in this section have been compiled from, or arrived at in good faith, from sources believed to be reliable but no guarantee or warranty is made by SHUAA Capital or AME Info as to the accuracy or completeness of the information contained herein.
All opinions expressed herein are subject to change without notice.
Replication or redistribution in whole or in part is expressly prohibited without the prior written consent of AME Info FZ LLC.
© SHUAA Capital PSC. All rights reserved.
Web Feeds