Afcon Holdings Limited operates within the Plumbing, heating, air-conditioning sector.
In addition to historical fundamental analyses, the complete report available to purchase compares Afcon Holdings Limited with three other
specialty construction contractors in Middle East:
Minrav Holdings Ltd
sales of 814.63 million Israel Shekels [US$234.22 million]
of which 77%
was Contracted Work),
Acrowmisr for Metallic Scaffoldings and Frameworks SAE
(1.09 billion Egyptian Pounds [US$69.33 million]
Investment Holding Group QPSC
based in QATAR
(443.52 million Qatari Rial [US$121.78 million]
of which 46%
was Specialized Contracting).
During the year ended December of 2019, sales at
Afcon Holdings Limited were 1.67 billion Israel Shekels (US$481.55 million).
increase of 5.5%
versus 2018, when the company's sales were 1.59 billion Israel Shekels.
This was the fifth consecutive year of sales increases at Afcon Holdings Limited
(and since 2014, sales have increased a total of 41%).
Sales of Monitoring and Automation saw an increase
that was more than double the company's growth rate: sales were up
22.6% in 2019, from
298.77 million Israel Shekels to 366.35 million Israel Shekels.
Afcon Holdings Limited also saw significant increases in sales in
Other (up 12.4% to 7.31 million Israel Shekels)
Not all segments of Afcon Holdings Limited experienced an increase in sales in 2019:
sales of Telecommunication fell 0.3% to 104.23 million Israel Shekels.