Abdullah Al Othaim Markets CompanySJSC
SAU:4001

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Abdullah Al Othaim Markets CompanySJSC Logo
Abdullah Al Othaim Markets CompanySJSC
SAU:4001
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Price: 11.18 SAR 0.9% Market Closed
Market Cap: 10.1B SAR
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Abdullah Al Othaim Markets CompanySJSC
Investor Relations

Abdullah Al Othaim Markets Company SJSC is a cornerstone of Saudi Arabia's retail sector, tracing its roots back to the late 1950s when its namesake founder began a modest trade. Over the decades, it has evolved into a significant player in the grocery and consumer goods market, serving millions of customers across the Middle East. With a robust network of hypermarkets, supermarkets, and convenience stores, the company is strategically positioned to cater to the diverse needs of its customers. From fresh produce to household essentials, the stores offer a vast array of products, ensuring that they meet the daily demands of their clientele with competitive pricing and quality service. This extensive retail footprint is bolstered by innovative customer engagement strategies, including loyalty programs and personalized offerings, underscoring their customer-centric approach.

The company's business model thrives on the economy of scale, leveraging its massive purchasing power to negotiate favorable terms with suppliers, which in turn allows them to offer value to their customers while securing healthy margins. In addition to its core grocery operations, Abdullah Al Othaim Markets has diversified its revenue streams by venturing into shopping mall management and real estate investments, maximizing its assets and bolstering its financial resilience. This diversified portfolio not only hedges against market fluctuations but also ensures sustainable growth. As the company continues to innovate and expand, both domestically and regionally, it remains focused on enhancing operational efficiency and exploring new market opportunities to sustain its leadership in the retail landscape.

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Earnings Calls

No Earnings Calls Available

Management

Contacts

Address
RIYADH
Riyadh
Arabia Rabwa Eastern Ring Road, P.O.Box 41700
Contacts