Saudi Industrial Development Co. (2130.SR) SAU

Currency In SAR

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Saudi Industrial Development Co.

Address

Prince Mohammed bin Abdulaziz Street

Jeddah, Makkah Province 21473

Saudi Arabia

Phone

966 1 2610 2222

Sector

Consumer Cyclical

Industry

Furnishings, Fixtures & Appliances

Employees

166

First IPO Date

March 03, 2010

Key Executives

NameTitlePayYear Born
Essam ShammaaChief Accountant0N/A
Ahmed Hassan ShtiwiChief Financial Officer0N/A
Bandar Bin Abdullah Ibrahim Al HumaidiExecutive Vice Chairman & MD0N/A
Subhi Abdulhamid KhayyatTop Key Executive0N/A
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Description

Established in Jeddah, Saudi Arabia, in 1992, Saudi Industrial Development Co. manages a broad range of operations. Its primary business involves the production and distribution of mattresses and various sponges, including specialized pressure sponges, along with mattress frames, beds, and related accessories, serving customers both domestically and globally. The company also maintains a significant presence in wholesale and retail trade, offering a wide selection of building essentials such as cement, gypsum, natural and engineered marbles, piping, kitchen fittings, ceramic tiles, faience, porcelain, tools, and sanitary installations. Their retail offerings extend to furniture, home decor items, wooden products, office and household equipment, luxury goods, bathroom fixtures, clothing, carpets, rugs, silverware, crystal, traditional jewelry, and precious stones. Additionally, Saudi Industrial Development Co. is active in general contracting for a diverse portfolio of projects, including residential, commercial, governmental, industrial, and healthcare complexes. The company further diversifies its manufacturing into tire components, seat covers, polyester for mattress padding, toiletries, ceramic wall and floor tiles, and acrylic bathtubs.

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