Saudi Industrial Development Co. Company Description
Saudi Industrial Development Co., together with its subsidiaries, manufactures and sells mattresses and sponge products in the Kingdom of Saudi Arabia and the Arab Republic of Egypt.
It operates through Mattresses and Sponges; Sanitary Ware; Transportation; Financial Investments; and Other segments.
The company offers pressures and structures of mattresses and beds, as well as its accessories; sanitary ware products comprising wash basins, bathtubs, showers, toilets, and other products; wall tiles, ceramic flooring, and acrylic bathtubs; furniture products made from wood; upholstery furniture products; woodwork; bedspreads, spring mattresses, polyurethane padding, and embroidered and ordinary foam mattresses; Arab seats and foam products; regular and compressed foam mattresses; car seat covers, polyester cushions, office sets, and special polyester stuffing mattresses; polyester fabric-covered foam mattresses and polyester pillows; zippers and cornices; and decorative requirements.
It also engages in the wholesale and retail sale of sanitaryware and its extensions, including washbasins, chairs, sinks, WCs, bathtubs, sauna bathroom appliances, and devices for saunas; heaters and water tanks; blankets, sheets, ready-made linens, bedspreads, and bedsheets; clothing accessories, such as gloves, neckties, pant suspenders, and rosaries; home furniture and furnishings; and perfumes.
In addition, the company is involved in the detailing of mattresses; embroidery of fabrics; fixing of sanitary ware and its extensions; bedding customization; furniture moving; general loading and unloading for goods; and operation of general stores and warehouses.
Further, it engages in the transportation of goods and equipment; investment in portfolios and shares; storage services; and e-commerce sales.
The company exports its products. Saudi Industrial Development Co. was founded in 1992 and is headquartered in Jeddah, the Kingdom of Saudi Arabia.
| Country | Saudi Arabia |
| Founded | 1992 |
| Industry | Furnishings, Fixtures & Appliances |
| Sector | Consumer Discretionary |
| CEO | Bandar Bin Abdullah Ibrahim Al-Humaidhi |
Contact Details
Address: Prince Mohammed Bin Abdulaziz Street Jeddah, 21473 Saudi Arabia | |
| Phone | 966 1 2610 2222 |
| Website | sidc.com.sa |
Stock Details
| Ticker Symbol | 2130 |
| Exchange | Saudi Stock Exchange |
| Fiscal Year | January - December |
| Reporting Currency | SAR |
| ISIN Number | SA0007879253 |
| SIC Code | 9997 |
Key Executives
| Name | Position |
|---|---|
| Bandar Bin Abdullah Ibrahim Al-Humaidhi | Chief Executive Officer |
| Ahmed Shtiwi | Chief Financial Officer |