7.94
—
Close of 9 Nov 2026, in SAR
Search any instrument
Reference data, closing prices and charts across 45,000 companies, plus crypto, commodities and currencies.
About Atlas Elevators General Trading & Contracting
Its shares trade on Tadawul under the ticker 9578.SR. It has been listed since 4 October 2023. In the fiscal year to 31 December 2025, it reported revenue of SAR 83.8m and net income of SAR 9.5m. At that date it held total assets of SAR 139.3m and shareholders' equity of SAR 99.7m.
Atlas Elevators General Trading & Contracting Co is a SA-based company operating in industry. The company is headquartered in Jeddah, Makkah. The company went IPO on 2023-10-04. Atlas Elevators General Trading & Contracting Co is a Saudi Arabia-based entity which is primarily engaged in selling escalators and elevators. The firm do supply, sale, installation and maintenance of elevators, hydraulic lifts and escalators. The firm operate in Saudi Arabia, Qatar, Bahrain and Oman and has four Kuwaiti branches in Hawalli, Ardiya, Al Rai and Al Jahra. The firm has installed approximately 14,000 elevators in government facilities, commercial complexes, residential buildings, restaurants, villas and palaces. The company provides after sales service and has established 24-hour stations in Kuwait, to deal with emergency calls and maintenance. The Company’s products include escalators, Sodimas French lifts, home lifts, passenger lifts, service elevators, cargo elevators, hospital elevators, panorama lifts, car lifts and hydraulic lifts.
Figures and description from our data supplier, not checked against the company's own report.
Company facts
- Sector
- N/A
- Industry
- N/A
- Listed since
- 4 Oct 2023
- Website
- atlaslifts.net ↗
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
- Atlas Elevators operates in Saudi Arabia, Qatar, Bahrain, and Oman with four Kuwaiti branches.
- The company has installed approximately 14,000 elevators in government and commercial facilities.
- Atlas Elevators provides 24-hour emergency service stations in Kuwait for maintenance and repairs.
Weaknesses
- Atlas Elevators has no presence in other Middle Eastern countries beyond Saudi Arabia, Qatar, Bahrain, Oman, and Kuwait.
- The company's product range is limited to elevators and escalators without diversification into other building systems.
- Atlas Elevators relies heavily on the Saudi Arabian market for its primary revenue stream.
Opportunities
- Atlas Elevators can expand into new markets within the Middle East such as UAE and Egypt.
- The growing construction sector in Saudi Arabia offers opportunities for increased elevator installations.
- Atlas Elevators can leverage its 14,000 installed units to secure more government contracts.
Threats
- Competition from international elevator manufacturers entering the Saudi market.
- Economic downturns in the Middle East could reduce construction spending.
- Fluctuations in oil prices may impact government budgets for infrastructure projects.
Sources and methodology
- Data on this tab
- Our data supplier
- Chart on the Overview
- TradingView
Nothing here is investment advice. Prices can be delayed or wrong, so check with the exchange before relying on them. Data for this page. How we cover markets.