ACICO Industries Company KSCP operates in the Concrete block and brick sector.
In addition to historical fundamental analyses, the complete report available to purchase compares ACICO Industries Company KSCP with three other
cement and concrete producers in Middle East:
Jordan Cement Factories Company PSC
of Jordan
(2018
sales of 61.67 million Jordanian Dinars [US$86.99 million]
of which 65%
was Concrete),
Najran Cement Company SJSC
of Saudi Arabia
(278.41 million Saudi Riyals [US$74.22 million]
of which 100%
was Cement), and
City Cement Company CJSC
which is
also
based in Saudi Arabia
(344.90 million Saudi Riyals [US$91.95 million]
of which 92%
was Ordinary Portland Cement).
Sales Analysis.
Sales fell dramatically in 2018:
ACICO Industries Company KSCP reported sales of 25.18 million Kuwaiti Dinars (US$82.84 million)
for the
year ending
December of 2018.
This
represents
a
sharp
decrease of 76.6%
versus 2017, when the company's sales were 107.70 million Kuwaiti Dinars .
Contributing to the drop in overall sales was the 98.5% decline
in Contracting, from 14.36 million Kuwaiti Dinars to 220,150.00 Kuwaiti Dinars .
There were also decreases in sales in
Industry (down 66.0% to 34.86 million Kuwaiti Dinars )
and
Real Estate (down 74.7% to 148,332.00 Kuwaiti Dinars )
.