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Tourism Enterprise Co. JSC (Saudi Arabia)

Main Activities: Hotels (except Casino Hotels) and Motels
Full name: Tourism Enterprise Co. JSC Profile Updated: July 15, 2024
Buy our report for this company USD 29.95 Most recent financial data: 2023 Available in: English Download a sample report

Tourism Enterprise Company (Shams) is a Saudi Arabia-based joint stock company founded in 1990 and owned by Saudi Shares Holders with a paid-up capital of SR 101.500.00, whose main activity is the ownership and management of the Palm Beach Resort. The Company's resort stretches along meters of private beach and offers chalets and more than suites and cabanas. Palm Beach Resort's sports and recreational services include a ladies' sports club with swimming pool, men's sports and fitness center, football, tennis, basketball and squash courts, a sauna and steam bath, a swimming pool for children, gardens for families and a 24-hour security service. The Resort offers meeting and event facilities services such as conference rooms in addition to business lunches and cocktails.

Headquarters
Eastern Region - Half Moon Bay, Po Box 8383 Dahran
Dammam; Eastern Province; Postal Code: 31482

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Website: http://www.shamstourism.com.sa

Basic Information
Total Employees:
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Outstanding Shares:
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Registered Capital:
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Financial Auditors:
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Incorporation Date:
1991
Key Executives
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Chairperson
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Chief Executive Officer
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Vice Chief Executive Officer
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Chief Financial Officer
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Outside Director
Ownership Details
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6.678%
Company Performance
Financial values in the chart are available after Tourism Enterprise Co. JSC 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
-9.6%
Total operating revenue
-9.6%
Operating profit (EBIT)
18.11%
EBITDA
-54.09%
Net Profit (Loss) for the Period
37.62%
Total assets
-3.88%
Total equity
-7.57%
Operating Profit Margin (ROS)
14.08%
Net Profit Margin
44.2%
Return on Equity (ROE)
0.52%
Quick Ratio
-34.36%
Cash Ratio
17.35%

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