Principal Activities
Farming of wheat, corn and seeds; production of dairy products, juice and dates.
Date of Establishment Year
1984 (September)
Total Production Capacity
| 2,500 tons of dates per year |
25,000 tons of corn per year |
42,000 tons of wheat per year |
|
Address:
Al Gassim Agricultural Building Western Airport Road P.O. Box 2210 Buraydah 51451 Saudi Arabia Tel: +966 6-328-1999 Fax: +966 6-328-0067 Email:
info@gaco.mm.st
Website:
www.gaco.com.sa
Acquistion
Status
Cancelled
Acquirer
Target
Announcement Date
13 Jun 2009
Closing Date
13 Jun 2009
|
Major Shareholders  |
Section Updated: 16Sep11
|
|
Foreign Ownership Limits
Section Updated: 29Dec09
100%
GCC Nationals
49%
Foreigners
|
Direct Investments and Related Entities  |
| Subsidiaries/Associates/Affiliates |
|
|
|
|
| Al Qassim Dairy |
Saudi Arabia |
100.00% |
|
| Investments |
|
|
|
|
| United Dairy Farms Company |
Saudi Arabia |
8.27% |
| Pure Breed Poultry Company |
Saudi Arabia |
6.45% |
| National Seed and Agricultural Services Company |
Saudi Arabia |
4.20% |
| Battin Agricultural Cooperative Association |
Saudi Arabia |
1.40% |
| Al Kayan Petrochemical Company |
Saudi Arabia |
0.32% |
|
| Divisions |
|
|
|
|
| Saudi Dates Factory |
Saudi Arabia |
- |
|
Auditors
Banks
| Al Rajhi Bank |
Riyad Bank |
| Ahli Bank |
|
| Financial Results |
31-Dec-10 |
31-Dec-11 |
Yr on Yr |
| |
SAR'000 |
SAR'000 |
change (%) |
Total revenues  |
80,894
|
63,240
|
(21.82) |
Net profit  |
(17,659)
|
(15,891)
|
10.01 |
| Total assets |
539,044
|
510,599
|
(5.28) |
| Paid-up capital |
500,000
|
500,000
|
0.00 |
| Shareholders' Equity |
380,884
|
364,993
|
(4.17) |
| Shares outstanding |
50,000
|
50,000
|
0.00 |
| Market capitalization |
455,000
|
1,115,000
|
145.05 |
| » View Full Financials |
|