Duyuru • Apr 30
Riyadh Steel Company, Annual General Meeting, Jun 08, 2026 Riyadh Steel Company, Annual General Meeting, Jun 08, 2026, at 19:45 Arab Standard Time. Location: riyadh Saudi Arabia Reported Earnings • Mar 28
Full year 2025 earnings released: EPS: ر.س0.08 (vs ر.س0.029 in FY 2024) Full year 2025 results: EPS: ر.س0.08 (up from ر.س0.029 in FY 2024). Revenue: ر.س151.2m (down 7.0% from FY 2024). Net income: ر.س5.72m (up 186% from FY 2024). Profit margin: 3.8% (up from 1.2% in FY 2024). The increase in margin was driven by lower expenses. Valuation Update With 7 Day Price Move • Mar 25
Investor sentiment improves as stock rises 15% After last week's 15% share price gain to ر.س1.50, the stock trades at a trailing P/E ratio of 54.7x. Average trailing P/E is 22x in the Metals and Mining industry in Saudi Arabia. Total loss to shareholders of 26% over the past year. New Risk • Mar 14
New minor risk - Financial data availability The company's latest financial reports are more than 6 months old. Last reported fiscal period ended June 2025. This is considered a minor risk. If the company has not reported its earnings on time, it may have been delayed due to audit problems or it may be finding it difficult to reconcile its accounts. Currently, the following risks have been identified for the company: Major Risk Earnings have declined by 1.9% per year over the past 5 years. Minor Risks Latest financial reports are more than 6 months old (reported June 2025 fiscal period end). Share price has been volatile over the past 3 months (7.1% average weekly change). Profit margins are more than 30% lower than last year (1.1% net profit margin). Market cap is less than US$100m (ر.س94.5m market cap, or US$25.2m). New Risk • Mar 01
New major risk - Share price stability The company's share price has been highly volatile over the past 3 months. It is more volatile than 90% of Saudi stocks, typically moving 6.9% a week. This is considered a major risk. Share price volatility increases the risk of potential losses in the short-term as the stock tends to have larger drops in price more frequently than other stocks. It may also indicate the stock is highly sensitive to market conditions or economic conditions rather than being sensitive to its own business performance, which may also be inconsistent. Currently, the following risks have been identified for the company: Major Risks Share price has been highly volatile over the past 3 months (6.9% average weekly change). Earnings have declined by 1.9% per year over the past 5 years. Minor Risks Profit margins are more than 30% lower than last year (1.1% net profit margin). Market cap is less than US$100m (ر.س91.0m market cap, or US$24.3m). New Risk • Feb 20
New major risk - Revenue and earnings growth Earnings have declined by 1.9% per year over the past 5 years. This is considered a major risk. Ultimately, shareholders want to see a good return on their investment and that generally comes from sharing in the company's profits. If profits are declining over an extended period, then in most cases the share price will decline over time unless the company can turn around its fortunes. A trend of falling earnings can be very difficult to turn around. If the company is well already established it may also be a sign the company has matured and is in decline. In addition, if the company pays dividends it will also likely need to reduce or cut them, striking a dual blow to total shareholder returns. Currently, the following risks have been identified for the company: Major Risk Earnings have declined by 1.9% per year over the past 5 years. Minor Risks Share price has been volatile over the past 3 months (6.5% average weekly change). Profit margins are more than 30% lower than last year (1.1% net profit margin). Market cap is less than US$100m (ر.س101.5m market cap, or US$27.1m). New Risk • Jan 05
New minor risk - Share price stability The company's share price has been volatile over the past 3 months. It is more volatile than 75% of Saudi stocks, typically moving 5.1% a week. This is considered a minor risk. Share price volatility indicates the stock is highly sensitive to market conditions or economic conditions rather than being sensitive to its own business performance, which may also be inconsistent. It also increases the risk of potential losses in the short term as the stock tends to have larger drops in price more frequently than other stocks. Currently, the following risks have been identified for the company: Minor Risks Latest financial reports are more than 6 months old (reported December 2024 fiscal period end). Share price has been volatile over the past 3 months (5.1% average weekly change). Profit margins are more than 30% lower than last year (1.2% net profit margin). Market cap is less than US$100m (ر.س115.5m market cap, or US$30.8m). Valuation Update With 7 Day Price Move • Jan 05
Investor sentiment improves as stock rises 17% After last week's 17% share price gain to ر.س1.80, the stock trades at a trailing P/E ratio of 63x. Average trailing P/E is 28x in the Metals and Mining industry in Saudi Arabia. Total loss to shareholders of 21% over the past year. New Risk • Oct 13
New minor risk - Financial data availability The company's latest financial reports are more than 6 months old. Last reported fiscal period ended December 2024. This is considered a minor risk. If the company has not reported its earnings on time, it may have been delayed due to audit problems or it may be finding it difficult to reconcile its accounts. Currently, the following risks have been identified for the company: Major Risk Share price has been highly volatile over the past 3 months (7.9% average weekly change). Minor Risks Latest financial reports are more than 6 months old (reported December 2024 fiscal period end). Profit margins are more than 30% lower than last year (1.2% net profit margin). Market cap is less than US$100m (ر.س126.7m market cap, or US$33.8m). Valuation Update With 7 Day Price Move • Sep 09
Investor sentiment deteriorates as stock falls 18% After last week's 18% share price decline to ر.س1.65, the stock trades at a trailing P/E ratio of 57.8x. Average trailing P/E is 31x in the Metals and Mining industry in Saudi Arabia. Total loss to shareholders of 25% over the past year. New Risk • Sep 08
New major risk - Share price stability The company's share price has been highly volatile over the past 3 months. It is more volatile than 90% of Saudi stocks, typically moving 7.9% a week. This is considered a major risk. Share price volatility increases the risk of potential losses in the short-term as the stock tends to have larger drops in price more frequently than other stocks. It may also indicate the stock is highly sensitive to market conditions or economic conditions rather than being sensitive to its own business performance, which may also be inconsistent. Currently, the following risks have been identified for the company: Major Risk Share price has been highly volatile over the past 3 months (7.9% average weekly change). Minor Risks Profit margins are more than 30% lower than last year (1.2% net profit margin). Market cap is less than US$100m (ر.س121.1m market cap, or US$32.3m). New Risk • Jul 20
New minor risk - Share price stability The company's share price has been volatile over the past 3 months. It is more volatile than 75% of Saudi stocks, typically moving 5.7% a week. This is considered a minor risk. Share price volatility indicates the stock is highly sensitive to market conditions or economic conditions rather than being sensitive to its own business performance, which may also be inconsistent. It also increases the risk of potential losses in the short term as the stock tends to have larger drops in price more frequently than other stocks. Currently, the following risks have been identified for the company: Minor Risks Share price has been volatile over the past 3 months (5.7% average weekly change). Profit margins are more than 30% lower than last year (1.2% net profit margin). Market cap is less than US$100m (ر.س133.0m market cap, or US$35.5m). Duyuru • May 09
Riyadh Steel Company, Annual General Meeting, Jun 01, 2025 Riyadh Steel Company, Annual General Meeting, Jun 01, 2025, at 19:30 Arab Standard Time. Location: riyadh Saudi Arabia New Risk • Apr 03
New major risk - Financial data availability The company's latest financial reports are more than a year old. Last reported fiscal period ended December 2023. This is considered a major risk. If the company has not reported its earnings on time, it may have been delayed due to audit problems or it may be finding it difficult to reconcile its accounts. In the worst case scenario, it may be facing other major going concern issues jeopardizing its viability as a listed company. Currently, the following risks have been identified for the company: Major Risks Latest financial reports are more than 1 year old (reported December 2023 fiscal period end). Revenue has declined by 14% over the past year. High level of non-cash earnings (23% accrual ratio). Minor Risk Market cap is less than US$100m (ر.س143.5m market cap, or US$38.3m). Valuation Update With 7 Day Price Move • Dec 12
Investor sentiment improves as stock rises 23% After last week's 23% share price gain to ر.س2.40, the stock trades at a trailing P/E ratio of 15.1x. Average trailing P/E is 38x in the Metals and Mining industry in Saudi Arabia. Total returns to shareholders of 100% over the past year. Duyuru • Dec 05
Riyadh Steel Company Announces Chief Executive Officer Changes Riyadh Steel Company has approved the resignation of Ahmed bin Abdulkarim Al Nafea from his position as its CEO, which will be effective on 31 December 2024. The board members decided, on 3 December, to appoint Abdullah Radhwan Ali as the Acting CEO, according to a bourse disclosure. Ali holds a bachelor's degree in Engineering Management in Manufacturing and Production from Prince Sultan University. He has more than seven years of professional experience across various industrial sectors. The new official began his career in supply chain management and worked in the management of development as well as strategic projects. Valuation Update With 7 Day Price Move • Oct 20
Investor sentiment improves as stock rises 16% After last week's 16% share price gain to ر.س2.07, the stock trades at a trailing P/E ratio of 13x. Average trailing P/E is 40x in the Metals and Mining industry in Saudi Arabia. New Risk • Oct 19
New minor risk - Financial data availability The company's latest financial reports are more than 6 months old. Last reported fiscal period ended December 2023. This is considered a minor risk. If the company has not reported its earnings on time, it may have been delayed due to audit problems or it may be finding it difficult to reconcile its accounts. Currently, the following risks have been identified for the company: Major Risks Share price has been highly volatile over the past 3 months (7.8% average weekly change). Revenue has declined by 14% over the past year. High level of non-cash earnings (23% accrual ratio). Minor Risks Latest financial reports are more than 6 months old (reported December 2023 fiscal period end). Market cap is less than US$100m (ر.س144.9m market cap, or US$38.6m). Duyuru • Jun 11
Riyadh Steel Company, Annual General Meeting, Jun 30, 2024 Riyadh Steel Company, Annual General Meeting, Jun 30, 2024, at 19:00 Arab Standard Time. Location: riyadh Saudi Arabia Duyuru • Dec 07
Riyadh Steel Company Announces Board Changes Riyadh Steel Company announced that Mr. Adib bin Abanami has submitted his resignation from the chairmanship of the membership of the Audit Committee (outside the Council) on December 4, 2023. The Board of Directors agreed to accepted the resignation by passing on December 4, 2023, provided that his resignation takes effect from December 4, 2023. Mr. Adel bin Mohammed Al-Osaimi was also appointed Chairman of the review committee (outside the council) and until the end of the term of the current review committee session, provided that this appointment is presented at the first meeting of the General Assembly for approval. Membership Start Date: December 4, 2023. Adel Al-Osaimi holds a master-s degree in finance and accounting from the University of De Montfort in Britain. He has also vacated several different positions in the Capital Market Authority. He is currently vacant as Executive Vice President of Governance and Compliance in a company, Vice Chairman of the Board of Directors of the Saudi Society for Governance, and a member of the Audit Committee in one of the listed companies.