ARTEX Industrial Investment Company
"Sector" = median of Consumer Cyclical across 95 companies
About ARTEX Industrial Investment Company
AI-generatedARTEX Industrial Investment Company is a Saudi Arabian textile manufacturer listed on the Saudi Exchange under ticker 2340. The company engages in the production and sale of various textile products, including yarns, fabrics, and finished garments. It operates through its subsidiaries and factories located in Saudi Arabia, focusing on both industrial and consumer textile needs. ARTEX serves as a key player in the domestic textile supply chain, providing materials for apparel, home furnishings, and industrial applications.
ARTEX generates revenue primarily from the sale of textile products. Its business model involves manufacturing yarns and fabrics, which are sold to garment producers, retailers, and industrial customers. The company also produces finished garments for local and regional markets. Revenue is derived from both direct sales and contracts with wholesalers and distributors. The recent quarterly data shows fluctuating revenues, with 2026Q1 at 151.40M SAR and net income of 14.27M SAR, indicating some recovery after a loss in 2025Q2.
ARTEX operates in the consumer cyclical sector, specifically the textile manufacturing industry. This sector is highly competitive, with players ranging from large integrated mills to specialized producers. ARTEX positions itself as a vertically integrated manufacturer, controlling parts of the production process from yarn to finished goods. However, its financial metrics reveal challenges: a low gross margin of 7.62%, negative operating margin of -1.30%, and high debt of 216.70M SAR relative to cash of 25.62M SAR. The EV/EBITDA of 21.66 suggests a premium valuation despite weak profitability.
ARTEX's primary customers are garment manufacturers, retailers, and industrial buyers within Saudi Arabia and the broader Middle East region. The company targets both B2B clients (wholesalers, factories) and B2C segments through finished garments. Its geographic focus is domestic, with potential exports to neighboring Gulf countries. The textile industry in Saudi Arabia benefits from local demand and government initiatives to boost manufacturing, but faces competition from low-cost Asian producers.
An auto-generated descriptive profile based on company data, for informational purposes only.
No 24-hour summary has been generated yet.
Financial highlights
Latest saved period: March 2026 · 2026-03-31
Dividend history
Cash dividends by ex-date, not an investment recommendation.
| Ex-date | Amount | Payment date | Period |
|---|---|---|---|
| Mar 28, 2019 | 0.25 SAR | — | — |
| May 2, 2018 | 0.50 SAR | — | — |
| Apr 12, 2017 | 0.50 SAR | — | — |
| Apr 13, 2016 | 0.30 SAR | — | — |
| Dec 1, 2015 | 1.25 SAR | — | — |
| Apr 5, 2015 | 0.50 SAR | — | — |
| Dec 15, 2014 | 1.50 SAR | — | — |
| Apr 24, 2014 | 1.00 SAR | — | — |
| Nov 21, 2013 | 2.00 SAR | — | — |
| Apr 30, 2013 | 1.25 SAR | — | — |
| Nov 27, 2012 | 1.25 SAR | — | — |
| Mar 26, 2012 | 1.50 SAR | — | — |
| Apr 26, 2011 | 1.00 SAR | — | — |
| Nov 23, 2010 | 1.50 SAR | — | — |
Revenue
↑ 21.0%Net Income
↑ 395.2%Free Cash Flow
↓ 153.6%Diluted EPS
↑ 400.0%ARTEX Industrial Investment Company (2340) analysis
Wrqti brings ARTEX Industrial Investment Company data into one page covering available price, financial statements, valuation ratios, margins, cash-flow metrics, news, and alerts. This page helps you understand the numbers and is not a buy or sell recommendation.
Financial statements and ratios
When available, the page shows quarterly and annual statements plus ratios such as PE, price to book, profit margin, and free cash flow. Latest financial period shown: March 2026.
Important investor note
Wrqti content depends on available data and third-party sources and may include delays or errors. Review official company filings and consult a licensed financial advisor before making investment decisions. Read the data methodology.