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Trades about 43% below its sector, cheaper than its peers on earnings.
Cherry Trading Company, established in 1980 and based in Riyadh, Saudi Arabia, is a diverse automotive and transportation enterprise. It primarily focuses on the buying and selling of new and pre-owned passenger vehicles, organized into its leasing, rental, and used car sales divisions. Beyond this core business, the company oversees vehicle maintenance facilities, provides public and educational transportation solutions, and offers real estate management for a fee. Its extensive operations also encompass passenger vehicle hire, the leasing, rental, and trade of heavy equipment and machinery, and the distribution of spare parts. Furthermore, Cherry Trading Company delivers logistics, warehousing, and a range of additional car services. The firm operates as a subsidiary of Saudi Edarah Holding Company.
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