About 9565

Founded: 1960
Employees: n/a
CEO: Abdulrahman Nasser Al Turki
WebsiteView website: www.meyar.sa

Meyar Company engages in the manufacture and sale of cement products in Kingdom of Saudi Arabia. It offers ready-mix concrete, raw material, hollow cement blocks and bricks, precast insulated concrete and constructions, and interlocking pavements. Meyar Company was founded in 1960 and is based in Riyadh, Saudi Arabia.

Recent 9565 News & Updates

New Risk • Apr 19

New minor risk - Earnings quality

The company has large one-off items impacting its financial results. One-off items were 333% of the size of the rest of the company's trailing 12-month earnings before tax. This is considered a minor risk. One-off items are incomes or expenses that the company does not expect to repeat in future periods. Examples include profits from the sale of a business or expenses from a restructuring or legal settlements. If the company's reported statutory earnings include a large proportion of one-off items it means they may be an unreliable indicator of its true business performance as the earnings were skewed by these incomes or expenses. Currently, the following risks have been identified for the company: Major Risks Interest payments are not well covered by earnings (1.4x net interest cover). Earnings have declined by 74% per year over the past 5 years. Minor Risks Share price has been volatile over the past 3 months (7.0% average weekly change). Large one-off items impacting financial results. Market cap is less than US$100m (ر.س42.5m market cap, or US$11.3m).

Recent updates

No updates

Meyar Company Stock Price

9565 Share Price Performance

9565 Community Narratives

Trending Discussion

Recently Updated Narratives

Snowflake Analysis

Meyar Company Key Details

About 9565

Recent 9565 News & Updates

New minor risk - Earnings quality

New minor risk - Financial data availability

Meyar Company (TADAWUL:9565) Doing What It Can To Lift Shares

Recent updates

Meyar Company Competitors

Al Rashid Industrial

Al Kathiri Holding

Takween Advanced Industries

Arabian Plastic Industrial