The Saudi Fisheries Company is a publicly traded Saudi joint-stock company listed on the Saudi Stock Exchange. Established in 1980, the company operates in the field of fishing and the exploitation of living water resources in the waters of the Kingdom of Saudi Arabia and other regional and international waters, within the limits of the applicable regulations and laws. It also processes and markets these resources both within the Kingdom and abroad.
The shares of the Saudi Fisheries Company have been traded on the Saudi Stock Exchange 'Saudi Tadawul' since April 20, 2001. They are listed on the main market platform under the 'Food Production' sector, with the ticker symbol (6050), name 'SFICO', and International Securities Identification Number (ISIN) (SA0007879600). Its capital amounts to SAR400 million.
The Saudi Fisheries Company was established by Royal Decree No. M/7 in 1980 as a Saudi joint-stock company in the field of fishing. It expanded its operations to include the exploitation of living water resources, related industries, and their marketing. The state owns 40 percent of the company, represented by the Public Investment Fund, while the remaining 60 percent is owned by individual investors.
The Saudi Fisheries Company is one of the pioneering companies in its field, with advanced infrastructure in the sea fishing sector, aquaculture, logistics services, seafood food industries, and trade. It also operates and manages several specialized seafood restaurants.
The company operates through several main sectors that help provide seafood products at the highest levels of quality, development, and food safety. These sectors are aquaculture, sea fishing, trade, and manufacturing.
The company provides the highest quality varieties of different marine organisms, both fresh and frozen. It possesses outstanding accumulated expertise and advanced infrastructure in the sea fishing and aquaculture sectors.
The company owns shrimp and fish farms, three production plants, and additional supporting facilities for ice and preservation box production. It also has a supply chain comprising warehouses in various regions of the Kingdom, a fleet of refrigerated transport vehicles, and a dedicated research and development center focused on the cultivation and processing of seafood products.
Related quizzes
Related articles
