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Meyar Company (Saudi Arabia)

Main Activities: Cement and Concrete Product Manufacturing
Full name: Meyar Company Profile Updated: October 30, 2024
Buy our report for this company USD 29.95 Most recent financial data: 2023 Available in: English Download a sample report

The Company established in 1999, It works in the field of contracting and a small brick production factory. It is considered one of the leading companies in the field of manufacturing ready-mixed concrete, blocks, interlock and cement blocks through the Timex Cement Products Factory. The company with long experience in this field. At this time, the company is considered a leading vital conglomerate in the field of cement industries in the Sudair region. It played an active role in the development of the region's infrastructure over the past five decades, and it continues to support the wheel of development and growth in our dear homeland.
-Our goals :
Customers :
- Customer satisfaction is our highest goal.
- Providing the best products and services with high quality.
Employees :
- Providing a healthy and sustainable work environment and providing allowances and incentives.
The local community :
- In the field of serving it and preserving its environment free from pollution of all kinds.
- Social and awareness initiatives.
We will work hard to maintain those foundations and standards that we have set for ourselves, which is to provide the best products and the finest services from Standard Company, a closed Saudi joint stock company

Headquarters
Al Majmaah - King Abdullah District, Sheikh Abdul Aziz Bin Abdul Mohsen Al-Tuwaijri Street, Building No. 4084
Al Majmaa, Riyadh; Postal Code: 15365

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Website: http://www.meyar.sa

Basic Information
Outstanding Shares:
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Financial Auditors:
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Incorporation Date:
1999
Key Executives
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Chairperson
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Vice Chairperson
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Chief Executive Officer
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Chief Financial Officer
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Outside Director
Ownership Details
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15.04%
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14.88%
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14.88%
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14.018%
Subsidiaries
Ajjar Standard Mining Company
Meyar Al-Asas Company For Ready-Mixed Concrete
Company Performance
Financial values in the chart are available after Meyar Company report is purchased.
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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
4.88%
Total operating revenue
4.88%
Operating profit (EBIT)
-279.75%
EBITDA
216.67%
Net Profit (Loss) for the Period
-214.89%
Total assets
17.35%
Total equity
-1.15%
Operating Profit Margin (ROS)
-7.43%
Net Profit Margin
-9.38%
Return on Equity (ROE)
-5.04%
Debt to Equity Ratio
-0.62%
Quick Ratio
-2.04%
Cash Ratio
-1.21%

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