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Al Rashid Industrial Co (SAU:9580) Research & Development : ﷼ Mil (TTM As of Dec. 2022)


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What is Al Rashid Industrial Co Research & Development?

Research & Development is the aggregate amount of research and development expenses during the year. Al Rashid Industrial Co's Research & Development for the three months ended in Dec. 2022 was ﷼0.0 Mil. Al Rashid Industrial Co does not have enough years/quarters to calculate the Research & Development for the trailing twelve months (TTM) ended in Dec. 2022.


Al Rashid Industrial Co Research & Development Historical Data

The historical data trend for Al Rashid Industrial Co's Research & Development can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

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Al Rashid Industrial Co Research & Development Chart

Al Rashid Industrial Co Annual Data
Trend Dec22 Dec23
Research & Development
- -

Al Rashid Industrial Co Quarterly Data
Dec22 Dec23
Research & Development - -

Al Rashid Industrial Co Research & Development Calculation

This is the expense the company spent on research and development.


Al Rashid Industrial Co  (SAU:9580) Research & Development Explanation

If competitive advantage is created by a patent or tech advantage, at some point it will disappear.

High R&D usually dictates high SG&A which threatens the competitive advantage.


Al Rashid Industrial Co Research & Development Related Terms

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Al Rashid Industrial Co (SAU:9580) Business Description

Traded in Other Exchanges
N/A
Address
New Industrial City, 7960, Riyadh, SAU, 143322
Al Rashid Industrial Co is a company engaged in the production of many plastic products through drawing, injection, thermoforming and blowing techniques. All of these lines serve multiple commercial sectors, including food packaging and household appliances, date packaging, sweets and pastries, as well as single-use food containers.

Al Rashid Industrial Co (SAU:9580) Headlines

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