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Advanced Technology Company K.S.C.P (Kuwait)

Main Activities: Electrical Contractors and Other Wiring Installation Contractors | Medical, Dental, and Hospital Equipment and Supplies Merchant Wholesalers | Electrical Apparatus and Equipment, Wiring Supplies, and Related Equipment Merchant Wholesalers
Full name: Advanced Technology Company K.S.C.P Profile Updated: March 13, 2024
Buy our report for this company USD 29.95 Most recent financial data: 2022 Available in: English Download a sample report

Advanced Technology Company K.S.C.P (ATC) is a leading healthcare and environmental solutions provider based in Salmiya, Kuwait. The company was established in 1981 and initially operated as a medical equipment supplier to the Kuwait healthcare sector. Over the years, ATC has grown exponentially and is now the leading distributor and marketer of state-of-the-art healthcare and environmental products and services in the country. ATC serves over 1,000 customers in Kuwait, including government and private hospitals, dental practitioners, laboratories, and physicians. The company has a strong market share in the Kuwait medical equipment sector, ranging from sophisticated equipment to hospital sundries. ATC is capable of delivering over 95% of a hospital's diverse requirements, making it a trusted partner for healthcare and environmental projects. With a strong asset base of over KD 297.8 million and revenues of KD 149.1 million in 2018, ATC employs over 2,100 people and is listed on the Kuwait Stock Exchange since 2007. The company offers a wide range of services, including constructing, managing, and owning hospitals, medical centers, clinics, and specialized labs. They also provide home care services, medical consulting, studies, research, imaging, and diagnostic services. Additionally, ATC trades in medical tools and apparatuses, cleaning equipment and systems, wireless devices, safety and security equipment, and more. ATC's focus on excellence and commitment to delivering high-quality healthcare and environmental solutions has earned them an impeccable reputation in the Kuwait market.

Headquarters
Atc Tower, Salmiya, Salem Al Mubarak Street, Block 4, Street 1 Opposite Laila Tower, P.O.Box: 44558
Salmiya; Hawalli Governorate; Postal Code: 32060

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Website: http://www.atc.com.kw

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:
1981
Key Executives
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Chairperson
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Vice 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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Director / Member of the Management Board
Ownership Details
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45.69%
Subsidiaries
Kuwait Medical Center Holding Company K.S.C.C.
26.77%
United Boubyan Hospital K.S.C.
20%
Company Performance
Financial values in the chart are available after Advanced Technology Company K.S.C.P 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
-6.75%
Total operating revenue
-6.75%
Operating profit (EBIT)
-3.4%
EBITDA
10.52%
Net Profit (Loss) for the Period
-51.08%
Total assets
10.64%
Total equity
5.16%
Operating Profit Margin (ROS)
0.32%
Net Profit Margin
-2.2%
Return on Equity (ROE)
-4.61%
Debt to Equity Ratio
-2.48%
Quick Ratio
-0.29%
Cash Ratio
-0.01%

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