ARTEX Industrial Investment 2340.SR · SAR
Consumer Discretionary · Tadawul · 🇸🇦 Saudi Arabia
8.90
—
Close of 9 Nov 2026, in SAR
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About ARTEX Industrial Investment
Its shares trade on Tadawul under the ticker 2340.SR. It has been listed since 23 December 2006. In the fiscal year to 31 December 2025, it reported revenue of SAR 564.0m and net income of SAR 21.3m. At that date it held total assets of SAR 1.51bn and shareholders' equity of SAR 1.06bn.
Al Abdullatif Industrial Investment Co. manufactures natural and synthetic fibers. The company is headquartered in Riyadh, Riyadh. The company went IPO on 2006-12-23. The firm operates in two segments: Production of carpet, rugs and other accessories, and Production of blankets. The Company’s products include Tufted carpets, such as polyester tufted carpet, nylon tufted carpet, polypropylene tufted carpet, acrylic tufted carpet, 80/20 wool/nylon tufted carpet and grass tufted carpet; Woven carpets include polypropylene Billion Cubic Feet (BCF) carpet, polypropylene heatset carpet, acrylic carpet, viscose carpet and shaggy carpet, among others, and Non-woven carpets. The firm operates through its subsidiaries, and tufting and weaving plants.
Figures and description from our data supplier, not checked against the company's own report.
Company facts
- Sector
- Consumer Discretionary
- Industry
- Household Durables
- Listed since
- 23 Dec 2006
- Website
- carpets.com ↗
Leadership
Pay as last reported
- Mr. Suleiman Al Abdul LatifNon-Executive Chairman of the Board, since 2010
- Mr. Abdul Latif Al Abdul LatifExecutive Vice Chairman of the Board, Managing Director, since 2010
- Mr. Hilal AwiedahChief Financial Officer
- Mr. Amit KannaInformation Technology Manager
- Mr. Fahad Al Abdul LatifExecutive Member of the Board
- Mr. Saad Al KarniHuman Resources Manager
- Mr. Adil ShahBusiness Development Manager
- Mr. Mazen Al HammadMember of the Board
- Mr. Abdul Aziz Al DulijanIndependent Member of the Board
- Mr. Khalid Al KhayalIndependent Member of the Board
- Mr. Talal Al MansiIndependent Member of the Board
- Mr. Hisham Al-AskerIndependent Member of the Board
Environmental, social and governance
Scores out of 100, from our data supplier
- Overall
- 0
- Environment
- 0
- Social
- 0
- Governance
- 0
SWOT analysis
AI-generated by our data supplier. Not written or checked by our editors.
Strengths
- ARTEX Industrial Investment Co manufactures natural and synthetic fibers in Riyadh, Saudi Arabia.
- The company produces tufted carpets including polyester and nylon varieties for diverse markets.
- ARTEX operates two key segments: carpet/rug production and blanket manufacturing in Saudi Arabia.
Weaknesses
- ARTEX's business is limited to two segments: carpet/rug and blanket production in Saudi Arabia.
- The company relies on subsidiaries and plants for operations without mentioning global expansion.
- ARTEX's product range focuses on traditional carpet types without innovation in materials.
Opportunities
- ARTEX can expand into new markets within the Consumer Discretionary sector in Saudi Arabia.
- Growing demand for natural fibers in the Middle East offers potential for ARTEX's products.
- The company may leverage its existing production capacity for new carpet types in the region.
Threats
- Competition from global carpet manufacturers could impact ARTEX's market share in Saudi Arabia.
- Economic fluctuations in Saudi Arabia might affect consumer spending on discretionary items.
- Regulatory changes in the Consumer Discretionary sector could challenge ARTEX's operations.
Sources and methodology
- Data on this tab
- Our data supplier
- Chart on the Overview
- TradingView
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