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Acico Industries Company K.S.C.Public (Kuwait)

Main Activities: Masonry Contractors | Ready-Mix Concrete Manufacturing | Other Concrete Product Manufacturing
Full name: Acico Industries Company K.S.C.Public Profile Updated: January 30, 2024
Buy our report for this company USD 29.95 Most recent financial data: 2022 Available in: English Download a sample report

Aerated Concrete Industries Company (ACICO) was incorporated in 1990 in Kuwait under a license by Hebel International Germany. The company is engaged in the establishment of a factory for the production of all types and sizes of aerated concrete, concrete materials as well as import and export of all building materials. The company claims to be the sole agent in the Middle East for manufacturing Hebel international products. Also, ACICO specializes in owning, buying and selling of real estate and land. It deals in shares and bonds of industrial companies that relate to the company’s main objectives. The company's plants are located in Shuaibah Industrial Area in Kuwait, and also in the UAE, Qatar, and Saudi Arabia.

Headquarters
Sharq, Al-Hamra Business Tower, 34Th Floor, P.O Box 24079 Safat
Jahra; Jahra Governorate; Postal Code: 13101

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Website: http://www.acicogroup.com

Basic Information
Total Employees:
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Outstanding Shares:
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Registered Capital:
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Financial Auditors:
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Incorporation Date:
1990
Key Executives
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Chairperson
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Director / Member of the Management Board
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Director / Member of the Management Board
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Chief Executive Officer
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Vice Chief Executive Officer
Ownership Details
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Subsidiaries
Acico Africa (Pty) Ltd (South Africa)
100%
Aerated Concrete Industries Company -Saudi Arabia -W.L.L (Saudi Arabia)
100%
Aerated Concrete Industries-Qatar Wll (Qatar)
100%
Company Performance
Financial values in the chart are available after Acico Industries Company K.S.C.Public report is purchased.
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Key Financial Highlights
Annual growth percentages for latest two years in local currency KWD. Absolute financial data is included in the purchased report.
Net sales revenue
-22.08%
Total operating revenue
-13.95%
Operating profit (EBIT)
N/A
EBITDA
276.12%
Net Profit (Loss) for the Period
22.74%
Total assets
-10.24%
Total equity
-55.96%
Operating Profit Margin (ROS)
N/A
Net Profit Margin
0.18%
Return on Equity (ROE)
-12.42%
Debt to Equity Ratio
425.69%
Quick Ratio
0.4%
Cash Ratio
0.14%

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