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Al-Saif Stores For Development And Investment Company A Saudi Closed Joint Stock Company (Saudi Arabia)

Main Activities: Household Appliance Stores
Full name: Al-Saif Stores For Development And Investment Company A Saudi Closed Joint Stock Company Profile Updated: March 13, 2024
Buy our report for this company USD 29.95 Most recent financial data: 2023 Available in: English Download a sample report

Al-Saif Stores for Development & Investment Company (Alsaif Gallery) is a Saudi closed joint stock company. Тhe Company was incorporated as a sole proprietorship owned by Suleiman bin Muhammad Alsaif. In 2014 the company was converted from a sole proprietorship into a closed joint stock company named Alsaif Stores Development & Investment Holding Company (Saudi Closed Joint Stock Company). The company operates in the home utensils and appliances retail sector, where it operates around 58 Alsaif Gallery-branded stores spread over 29 cities in the Kingdom. The company's online store targets customers inside the Kingdom and in GCC countries. Through its stores, the company aims to fulfil customer needs for home utensils and appliances such as small home appliances, kitchenware and other home accessories.

Headquarters
Imam Saud Bin Abdulaziz Bin Muhammad Street, Altaawon Distrct, P.O. Box 10448
Riyadh; Al-Riyadh; Postal Code: 11626

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Website: http://www.alsaifgallery.com

Basic Information
Total Employees:
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Outstanding Shares:
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Financial Auditors:
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Incorporation Date:
1993
Key Executives
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Chairperson
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Vice Chairperson
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Director / Member of the Management Board
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Director / Member of the Management Board
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Chief Executive Officer
Ownership Details
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62.5%
Subsidiaries
Al Saif Gallery Kuwait (Kuwait)
Alsaif Gallery Trading, A Single-Person Limited Liability Company (United Arab Emirates)
Company Performance
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Key Financial Highlights
Annual growth percentages for latest two years in local currency SAR. Absolute financial data is included in the purchased report.
Net sales revenue
-2.62%
Total operating revenue
-2.62%
Operating profit (EBIT)
-21.21%
EBITDA
-5.15%
Net Profit (Loss) for the Period
-24.34%
Total assets
44.19%
Total equity
-2.08%
Operating Profit Margin (ROS)
-3.89%
Net Profit Margin
-3.92%
Return on Equity (ROE)
-7.18%
Debt to Equity Ratio
57.29%
Quick Ratio
-0.74%
Cash Ratio
-0.31%

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