Saudi Fisheries Company Overview
Pro stress-test →Saudi Fisheries Company engages in exploiting, processing, marketing, and selling of marine resources, including kanaad, tilapia, shrimp and fish. The firm operates through aquaculture, fishing, commercial, and manufacturing segments. The state owns 40 percent through the Public Investment Fund, with 60 percent owned by individual investors.
Strategic Profile
Pro stress-test →Saudi Fisheries is a pioneering company with advanced infrastructure in sea fishing, aquaculture, logistics services, seafood food industries, and trade. The company operates shrimp and seafood grilling shops and operates seafood restaurants. However, recent financial performance has been challenging, with operations facing structural profitability issues.
Competitive Landscape
Pro stress-test →Saudi Fisheries operates in Saudi Arabia's aquaculture and seafood processing sector. Competitors include Tabuk Agricultural Development Company and Al Gassim Investment Holding Company. The company's integrated model from production to retail positioning differentiates it, but current losses suggest competitive pressures or operational inefficiencies exceeding peers.
Industry Context
Saudi Fisheries Company operates in Food Production - Seafood & Aquaculture.
Key facts
Founded: 1980 · Headquarters: Riyadh, Saudi Arabia · Revenue: 52.21M SAR (2023) · Market cap: 384M-625M SAR