Company Research Report
Company Overview
- Name: شركة الماجد للعود (Al Majed Oud Company)
- Mission: No information is available
- Founded: No information is available
- Founders: No information is available
- Key People: No information is available
- Headquarters: No information is available
- Number of Employees: No information is available
- Revenue: No specific revenue information is provided
- Known For: The company is known for being one of the prominent companies in the perfume sector in Saudi Arabia.
Products
- Products Offered: Al Majed Oud specializes in the production and distribution of perfumes.
- Product Description: High-quality perfumes.
- Key Features: No specific features detailed in the data provided.
Recent Developments
- Recent Developments:
- The company’s shares were listed and started trading in TASI (Saudi Stock Exchange) in October 2024.
- Al Majed Oud has been covered by AlJazira Capital, which initiated its recommendation and targeted price.
- New Products Launched: No information is available.
- New Features Added: No information is available.
- New Partnerships: No information is available.
Financial Performance
- Recent Financial Results: The company recently reported profits of SAR 119.5 million for the first half of 2024, representing an 18% increase compared to previous periods. However, the profits for the second quarter stood at SAR 55.5 million, marking a 22% decline.
This report includes data on the overall company profile, its product offerings, and recent developments. However, some specific details, particularly concerning the mission, key personnel, and more in-depth product descriptions, are not available.
No additional commentary or unrelated information has been included in this report.
