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Asek Co For Mining Company Snapshot
Asek Co For Mining. ASEC Company for Mining SAE (ASCOM) SAE is an Egypt-based public shareholding company that operates primarily in the non-metal mining sector. The Company is engaged in geological exploration, mining and quarrying of raw materials, serving the cement industry, developing mining operations for building materials and precious metals, and manufacturing operations for ground calcium carbonate and rock & glass wool. The Company's products include Ground calcium carbonate, Glass Sand, Gravel for Aggregates and Gypsum. The Company offers services, such as geological investigations, geotechnical investigations, geophysical studies, survey works, drilling works, mining planning, quarries management, supply of raw materials and blasting services. ASCOM has operating subsidiaries in Egypt, United Arab of Emirates, Syria, Sudan, Algeria and Ethiopia. The Company's subsidiaries include, among others, ASCOM Carbonated & Chemical Manufacturing, ASCOM Algeria and Nebta for Geology and Mining.

Sales Analysis. Asek Co For Mining reported sales of 746.11 million Egyptian Pounds (US$41.33 million) for the year ending December of 2016. This represents an increase of 6.2% versus 2015, when the company's sales were 702.27 million Egyptian Pounds. This was the third consecutive year of growth at Asek Co For Mining.
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Asek Co For Mining
  Stock Performance Chart for Asek Co For Mining
  Stock Data: Recent Stock Performance:
  Current Price (5/18/2017): 8.01
(Figures in Egyptian Pounds)
1 Week -5.0%   13 Weeks -11.6%  
4 Weeks -2.8%   52 Weeks 37.6%  
Asek Co For Mining Key Data:
  Ticker: ASCM Country: Egypt
  Exchanges: CAI Major Industry: Materials
    Sub Industry: Construction Sand & Gravel
  2016 Sales 746,106,987
(Year Ending Jan 2017).
Employees: 858
  Currency: Egyptian Pounds Market Cap: 376,470,000
  Fiscal Yr Ends: December Shares Outstanding: 47,000,000
  Share Type: Ordinary Closely Held Shares: 36,823,364
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