Thob Al Aseel Company
Riyadh-based clothing maker and retailer listed on the Saudi Exchange (4012). Reported 2025 revenue of SAR 528 million and net profit of SAR 100 million.
Industry: Garment manufacturing and retail | Location: Riyadh, Saudi Arabia | Founded: 1987
About Thob Al Aseel Company
Thob Al Aseel Company is a Riyadh-based clothing company listed on the Saudi Exchange under code 4012 in the Consumer Durables & Apparel sector. Its website describes it as a maker and retailer of garments and lists thobes, comfort thobes, pyjamas, underwear, socks, T-shirts and ihram for Hajj and Umrah, produced in its own factories. It also sells online through alaseel.com.
The company's online store says it has made clothing since 1987, while Mubasher's profile gives an establishment date of 21 February 1989 and an address on King Fahd Road in Riyadh. Its shares have been listed since June 2017. Mubasher reported in November 2019 that Tadawul approved its move to the main market, and in October 2021 that shareholders approved a 33 percent capital increase. Mubasher reports 400 million shares in issue.
Mubasher lists three wholly owned subsidiaries: Aljedaie Fabrics Company, Quwa Al Aseel for Contracting Company and Aseelah Trade Company. TechScoop reports that the group sells through retail outlets under the Al-Jedaie brand across about 26 branches and subsidiaries. In August 2020 Mubasher reported a SAR 73 million medical supplies contract with the National Unified Procurement Company, NUPCO.
Faisal Abdullah Al Jedaie is chairman and Abdulrahman Abdullah Al Jedaie vice chairman, reappointed in September 2024 for a board term running to September 2027. Mubasher reported in June 2024 that Abdulrahman Al Maleh, previously its sales director, succeeded Ahmed Al Sultan as chief executive.
For 2025 the company reported revenue of SAR 528.18 million, up 1.09 percent, and net profit of SAR 100.11 million, up 19.32 percent, according to Mubasher. For the nine months to 30 September 2026 revenue was SAR 436.25 million, up 10.77 percent, and net profit SAR 88.51 million, up 13.13 percent, which it attributed to product demand, exports and e-commerce sales.
On 9 February 2026 it signed a non-binding memorandum to study acquiring all of Al-Tuwaijri Men's Accessories Company. The memorandum expired on 9 August 2026 without a binding agreement, and Al-Tuwaijri remains one of its customers.
Leadership
- Faisal Abdullah Al Jedaie, Chairman of the Board
- Abdulrahman Abdullah Al Jedaie, Vice Chairman
- Abdulrahman Al Maleh, Chief Executive Officer (from June 2024)
- Ibrahim Al Muhanna, Board member
- Abdullah Mohamed Al Jedaie, Board member
- Ajlan Al Ajlan, Board member; vice chairman 2021 to 2024