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The company specializes in spinning, weaving and coloring of synthetic and natural fibers used in the production of blankets, rugs and carpets.
Overview
The company was established in 1989 as a limited liability company, with a capital of SAR 40 million. The company manufactures rugs, carpets, carpet backings, blankets, in addition to fibers, dyes, color fixative, paper tubes as well as acrylic yarns, polypropylene yarns and nylon yarns.
Basic Information
City: | Riyadh |
Country | Saudi Arabia |
Ownership Type: | Joint Stock |
Establishment Date: | 1989 |
Commercial Register: | 1010073685 |
Website: | www.carpets.com |
saad@carpets.com | |
Phone | +966 11 2658888 |
Fax | +966 11 2655666 |
Address | Second industrial city - Riyadh 11421 |
PO Box | 859 |
Argaam Classification
Industry Peers
Naseej International Trading Co. |
Financials Highlights (M )
Trading Data
Stock Market : | TASI |
Fiscal Year End : | December |
Free Float (M) : | 30.47 |
Free Float % : | 37.50 |
Weight in Index % : | 0.02 |
3M Average Volume : | 486,539 |
3M Average Transactions : | 975 |
Change(12M) % : | (9.33) |
Major Shareholders
Name | Number of Shares (M) | Holding |
---|---|---|
Al Abdullatief Group Holding Co. | 48.75 | 60.00 % |
Omar S. S. Al Abdullatif | 4.62 | 5.68 % |
Subsidiaries & Associates
Company | Country | Percentage |
---|---|---|
The First Company for Carpets | Saudi Arabia | 100.00 % |
Retaj Al Waseel | Saudi Arabia | 100.00 % |
Al Abdullatif Company for Training | Saudi Arabia | 100.00 % |
Shahad Paper Manufacturing Tube | Saudi Arabia | 100.00 % |
Nadeen Arabian Colors | Saudi Arabia | 100.00 % |
ADFA | Saudi Arabia | 100.00 % |
WesTex | Saudi Arabia | 100.00 % |
ETEX | Saudi Arabia | 100.00 % |
NSC | Saudi Arabia | 100.00 % |
RESCAB | Saudi Arabia | 27.00 % |
Investments
Company | Percentage |
---|---|
RESRECO | 15.00 % |
Milestones
19-04-2008
Raised capital to SAR 812.5 million by a 25% bonus share issue
03-02-2007
Floated on the Saudi stock market (Tadawul)
12-2005
Raised capital to SAR 650 million by capitalization of SAR 100 million in retained earnings and reserves
20-12-2004
Raised capital to SAR 550 million
2004
Set up Nadeen Arabian Color Company
2004
Set up Shahd Paper Tube Factory
2004
Set up Eastern Textile Company
04-1997
Reduced capital to SAR 120 million
25-07-1996
Raised capital to SAR 200 million
1996
Set up the National Spinning Company
1994
Set up ADFA Blankets Company (Riyadh Blankets Factory)
1987
Transformed into a limited liability company
05-1981
Set up under the name the Saudi Carpet Factory
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