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Business
Producing and manufacturing and forming gold and jewelery.
Overview
The company was established as a sole proprietorship under the name” Saudi Gold & Pearl Factory” owned by Mr. Abdulaziz Saleh Al-Othaim, with capital of SAR 18.2 million. The company’s core activities include producing, manufacturing, shaping, and forging gold handicraft, jewelry, gold bars, precious stones, and gold sets wrought with precious stones. It is also engaged in the production and distribution of sunglasses, watches, accessories, pens, perfume, in addition to leather products, export of gold jewelry, gold and silver bars, as well as shaping, selling and buying precious metals and precious stones.
Basic Information
| City: | Riyadh |
| Country | Saudi Arabia |
| Ownership Type: | Joint Stock |
| Establishment Date: | 2006 |
| Commercial Register: | 1010221531 |
| Website: | www.lazurde.com |
| investors@lazurde.com | |
| Phone | +966 11 2651119 |
| Fax | +966 11 265 1662 |
| Address | Road No 198, 2nd Industrial City, 11521 |
| PO Box | 41270 |
Financials Highlights (M )
Company Size
| Chart | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 | 2012 | 2011 | ||
| No. of Employees | - | - | - | - | - | - | 2,132 | 2,777 | 2,378 | 2,217 | - | - | ||
| No. of Branches | - | - | - | - | - | - | - | - | - | - | - | - |
Trading Data
| Stock Market : | TASI |
| Fiscal Year End : | December |
| Free Float (M) : | 51.05 |
| Free Float % : | 88.79 |
| Weight in Index % : | 0.03 |
| 3M Average Volume : | 338,657 |
| 3M Average Transactions : | 709 |
| Change(12M) % : | (5.30) |
Subsidiaries & Associates
| Company | Country | Percentage |
|---|---|---|
| Izdiyad | Saudi Arabia | 100.00 % |
| L'Azurde Dubai | UAE | 99.67 % |
| Oro Egypt | Egypt | 99.13 % |
| L'Azurde Abu Dhabi | UAE | 99.00 % |
| Kenaz | Saudi Arabia | 98.00 % |
| Al Mujawharat Al Masiya | Saudi Arabia | 98.00 % |
| L'Azurde for Jewelry - Qatar | Qatar | 49.00 % |
Milestones
29-06-2016
2015
Raised capital to SAR 430 million
2009
a coalition of business includes Investcorp and Eastgate Inc. National Investor Acquired indirect ownership rights represent 77.5% of the capital of L'azurde Holding
2007
Raised capital to SAR 300 million
2007
Lazorde acquired a collection of 100% of the shares of Oro Egypt directly and indirectly
2006
Converting Lazorde for gold and jewelry factory and five of its branches to a closed joint stock company under the name Lazorde Jewelry Company with a capital of SAR 200 million
2003
Oro Egypt Co.was Established by Abdul Aziz Al-Othaim
1997
Changed the name of the institution to Lazorde for Gold and Jewelry Factory
1992
Founded as an individual institution was named the Saudi factory for gold and pearls with a capital of SAR 18.5 million
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