El Sewedy Electric Co SAE operates in the Electronic coils and transformers sector.
In addition to historical fundamental analyses, the complete report available to purchase compares El Sewedy Electric Co SAE with three other
manufacturers of electronic components in Middle East:
Payton Industries Ltd
sales of 149.91 million Israel Shekels [US$46.47 million]
Electrical Industries Company JSC
of SAUDI ARABIA
(648.69 million Saudi Arabian Riyals [US$172.94 million]
of which 91%
was Manufacturing), and
based in ISRAEL
(149.91 million Israel Shekels [US$46.47 million]
of which 100%
was Transformer segment).
During the second
quarter of 2021, sales at El Sewedy Electric Co SAE totalled
13.72 billion Egyptian Pounds.
an increase of 46.9%
from the 9.34 billion Egyptian Pounds in sales at the company during the second quarter of 2020.
This was the largest same quarter increase in sales since the third
quarter of 2017.
During the first two
quarters of 2021, sales totalled 26.01 billion Egyptian Pounds, which is
than through the first two quarters of 2020.
El Sewedy Electric Co SAE reported sales of 46.40 billion Egyptian Pounds (US$2.95 billion)
December of 2020.
decrease of 0.5%
versus 2019, when the company's sales were 46.63 billion Egyptian Pounds.
Contributing to the drop in overall sales was the 27.5% decline
in Electric Products and Accessories Egypt, from 2.59 billion Egyptian Pounds to 1.87 billion Egyptian Pounds.
There were also decreases in sales in
Power and Special Cables Egypt (down 15.6% to 14.13 billion Egyptian Pounds)
Power and Special Cables Outside Egypt (down 10.5% to 4.40 billion Egyptian Pounds)
However, these declines were partially offset by the increase in sales of
Turnkey Projects (up 20.5% to 23.08 billion Egyptian Pounds)