Red Sea International Co.

Red Sea International Co. (4230) is a Saudi Arabian company operating in the real estate services sector. The company provides integrated real estate services including property management, facility management, and maintenance services. It also engages in real estate development and investment, focusing on residential, commercial, and industrial properties. The company is listed on the Saudi Exchange and is headquartered in Riyadh.

Red Sea International generates revenue primarily through property management fees, facility management contracts, and real estate development projects. Its business model relies on long-term service agreements with property owners and developers, providing recurring income from management and maintenance services. The company also earns from leasing and selling developed properties. Recent quarterly revenues have ranged from SAR 631 million to SAR 986 million, indicating significant scale.

The company operates in the competitive real estate services industry in Saudi Arabia, where demand is driven by urbanization, population growth, and government initiatives like Vision 2030. Red Sea International positions itself as a comprehensive service provider, covering the full spectrum from development to ongoing management. Its financial metrics show a low price-to-sales ratio of 0.34 and a moderate EV/EBITDA of 9.40, but profit margins are thin with a net loss margin of -1.25%.

Red Sea International serves a diverse client base including property owners, real estate developers, government entities, and commercial tenants. Its primary geographic market is Saudi Arabia, with a focus on major cities like Riyadh, Jeddah, and Dammam. The company's services cater to both residential and commercial sectors, and it benefits from the country's growing real estate market and infrastructure projects.

An auto-generated descriptive profile based on company data, for informational purposes only.