Arad Investment & Industrial Development Limited operates in the Industrial buildings and warehouses sector.
In addition to historical fundamental analyses, the complete report available to purchase compares Arad Investment & Industrial Development Limited with three other
non-residential construction companies in Middle East:
Heavy Engineering Industries and Shipbuilding Company KSCP
sales of 170.27 million Kuwaiti Dinars [US$561.96 million]
of which 77%
was Industrial Activities),
Combined Group Contracting Company KSCP
(295.74 million Kuwaiti Dinars [US$976.05 million]
Nass Corporation B.S.C.
based in Bahrain
(173.40 million Bahranine Dinars [US$458.74 million]
of which 93%
was Construction and Allied Activities).
Arad Investment & Industrial Development Limited reported sales of 2.40 billion Israel Shekels (US$662.24 million)
December of 2017.
a very small
increase of 1.9%
versus 2016, when the company's sales were 2.35 billion Israel Shekels.
The sales level in 2017 was fairly close to the level five years ago: in 2012, Arad Investment & Industrial Development Limited had sales
of 2.57 billion Israel Shekels.
Sales of Construction saw an increase
that was more than double the company's growth rate: sales were up
54.5% in 2017, from
78.54 million Israel Shekels to 121.34 million Israel Shekels.
Arad Investment & Industrial Development Limited also saw significant increases in sales in
Yielding Real Estate (up 20.5% to 565.21 million Israel Shekels)
Outsourcing (up 5.4% to 398.41 million Israel Shekels)
Programs (up 16.4% to 358.92 million Israel Shekels)
Payroll Services and Human Resources (up 4.3% to 174.97 million Israel Shekels)
Not all segments of Arad Investment & Industrial Development Limited experienced an increase in sales in 2017:
sales of Other fell 80.5% to 11.05 million Israel Shekels.
(However, this segment's sales were only a very small portion of the company's overall sales).
Arad Investment & Industrial Development Limited also experienced decreases in sales in
Hardware (down 7.5% to 1.01 billion Israel Shekels)