ERC: Emirates Reem Investments Company P.J.S.C - Summary | Jitta

Emirates Reem Investments Company P.J.S.C

ARE:ERC

Price
AED2.25
Loss Chance
54.1%
2.35JITTA SCORE
288.16%Over Jitta Line
Jitta Ranking
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HISTORICAL JITTA SCORE
Jitta Factors
Growth Opportunity (40)
Recent Business Performance (33)
Financial Strength (52)
Return to Shareholders (0)
Competitive Advantage (38)
Jitta Signs
Debt LevelLow Long Term Debt
SG&A to SalesDecreasing
Revenue and EarningEarning loss detected in 2022
Operating MarginDeclined
Recent Business PerformanceEarning decline 115.80% in the last quarter (yoy)
New Share IssuedMore than 50% in 5 years
Key Stats
Jitta Score
Jitta Line
2.35
288.16%
2.35
288.16%
COMPANY DESCRIPTION
Emirates Reem Investments Company P.J.S.C, together with its subsidiaries, engages in the bottling, distribution, and trading of mineral water, carbonated drinks, soft drinks, and juices in the United Arab Emirates, rest of the Middle East, and Africa. It operates through Land and Building Leasing, Corporate, and Operations segments. The company also manufactures plastic bottles, caps, lids, and containers; trades foodstuff tissues, snacks, drinks, cereals, coffee, and dates; and engages in general trading and the leasing of investment property warehouses. It markets and sells its products under the Jeema, OORIGINA, Snackiz, and AL REEM brand names. The company was formerly known as Emirates Refreshments (P.S.C.) and changed its name to Emirates Reem Investments Company P.J.S.C in August 2023. Emirates Reem Investments Company P.J.S.C was incorporated in 1980 and is headquartered in Dubai, the United Arab Emirates.