Saturday 27 December 2014
 
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Red Sea Housing

Red Sea Housing net income up 16pc

Saudi Arabia-based Red Sea Housing Services Company (RSH) has registered a 16.6 per cent growth in its net income for the nine-month period which hit SR127.4 million ($34 million) compared to SR109.3 ($29 million) last year. With

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RSH to build homes in Papua New Guinea

Saudi Arabia-based Red Sea Housing Services (RSH) Company recently signed a SR75 million ($20 million) contract Papua New Guinea (PNG) for the construction of housing units for the local police in Bomana area, Port Moresby. Red Se

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Red Sea to build labour camps in KAEC

Saudi Arabia’s Red Sea Housing Services recently received approval from the Economic Cities Authority (ECA) to begin construction of labour camps in King Abdullah Economic City (KAEC).   Mohammed Othman Mal

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Red Sea Housing to build $22m plant in KAEC

Red Sea Housing Services Company (RSH), a modular housing solutions provider, plans to build a $22.65 million prefabricated housing manufacturing facility in King Abdullah Economic City (KAEC). The 193,000 sq m facility, the compa

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Red Sea Housing Q4 profit triples to $8.75m

Red Sea Housing Services, a leader in modular housing solutions, has posted a net income of SR32.87 million ($8.75 million) for the fourth quarter of 2012, against SR10.89 million in Q4 2011, making an increase of 201 per cent. Ac

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Red Sea Housing Q2 income up 22pc

Saudi-based Red Sea Housing Services (RSH), a leading provider of remote site housing solutions, said its operating income for the second quarter jumped 22.9 per cent when compared to the same period last year. Announcing the results on Sa

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Red Sea to give 20pc dividend

Red Sea Housing Services board of directors are set to make a recommendation to distribute a dividend of 20 per cent. Red Sea Housing, a global leader in the manufacture of modular buildings in the Middle East, Africa and Asia, has announc

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Red Sea Housing revenues top $184m

Red Sea Housing Company has posted total revenues of SR690.2 million ($184.4 million) for the 12-month period ending December 31, 2007. This compares with the SR388.3 million it earned for the nine-month period ending December 31, 20

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