Afaq Holding for Investment and Real Estate Development Company PSC operates within the Ready-mixed concrete sector.
In addition to historical fundamental analyses, the complete report available to purchase compares Afaq Holding for Investment and Real Estate Development Company PSC with three other
cement and concrete producers in Middle East:
Umm Al Qura Cement Co SJSC
of SAUDI ARABIA
sales of 255.94 million Saudi Arabian Riyals [US$68.23 million]
Northern Cement Company PSC
(48.94 million Jordanian Dinars [US$69.03 million]
of which 100%
was Cement Manufacturer), and
Hail Cement Co
based in SAUDI ARABIA
(274.40 million Saudi Arabian Riyals [US$73.16 million]
of which 100%
was Production & Sale of Cement).
During the year ended December of 2019, sales at
Afaq Holding for Investment and Real Estate Development Company PSC were 54.89 million Jordanian Dinars (US$77.42 million).
decrease of 23.7%
versus 2018, when the company's sales were 71.95 million Jordanian Dinars.
Contributing to the drop in overall sales was the 52.9% decline
in Ready Concrete, from 49.26 million Jordanian Dinars to 23.21 million Jordanian Dinars.
There were also decreases in sales in
Installation and Spare Parts (down 37.2% to 2.28 million Jordanian Dinars)
However, these declines were partially offset by the increase in sales of
Transportation (up 29.6% to 40.44 million Jordanian Dinars)