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Hilal Cement Company (K.S.C.P) (Kuwait)

Main Activities: Brick, Stone, and Related Construction Material Merchant Wholesalers | Other Warehousing and Storage
Full name: Hilal Cement Company (K.S.C.P) Profile Updated: December 29, 2023
Buy our report for this company USD 19.99 Most recent financial data: 2020 Available in: English Download a sample report

Hilal Cement Company (K.S.C.P) is a Kuwaiti company located in Kuwait City, Asima Governorate. It was established in 1984 and its shares were listed on the Kuwait Stock Exchange in 1998. However, as of March 2, 2022, the company has voluntarily de-listed from the stock exchange. The company specializes in the import, storage, and distribution of cement and bulk resources. It is one of the largest cement producers in Kuwait and operates two cement import terminals in the southern region of the country. Additionally, Hilal Cement operates one of the largest floating stations in the world. With over 330 employees, Hilal Cement prioritizes continuous training and advancement for its workforce. The company also has a strong commitment to safety and environmental policies, aiming to create a sustainable environment for its employees and the communities it operates in. Furthermore, Hilal Cement has strengthened its vertical integration in the ready mixed concrete sector through the acquisition of Kuwait German Ready Mix and Gulf Ready Mix by Al Mahaliya. Together, these three companies produce an estimated 700,000 m3 of ready mix concrete annually, positioning the group as one of the largest players in the Kuwaiti market.

Legal Address
Office No. 19, 19th Floor, Al Marzouq Tower, Qibla Area,Abu Baker Al Siddiq Street,P.O.Box 20732
Kuwait City, Asima Governorate; Postal Code: 13068

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Website: http://www.hilalcement.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:
1984
Key Executives
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Director / Member of the Management Board
Ownership Details
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94.77%
Subsidiaries
Al Mahaliya Ready Mix Concrete Company W.L.L.
51%
Company Performance
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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
4.48%
Total operating revenue
1.6%
Operating profit (EBIT)
-0.89%
EBITDA
N/A
Net Profit (Loss) for the Period
30.03%
Total assets
-84.27%
Operating Profit Margin (ROS)
0.35%
Net Profit Margin
5.24%
Quick Ratio
0.73%

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