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Refrigeration Industries and Storage Co SAK Company Snapshot
Refrigeration Industries and Storage Co KSCP is a Kuwait-based group holding company that provides products and services to cater for both residential and commercial customers. The Company is engaged in owning and leasing of cold storage warehouses, manufacturing, installing and maintaining air conditioning systems, and investing surplus funds through investment portfolio managed by specialized investment management companies. The Company operates in the following sectors: Industrial, Services and Contracting. Its subsidiaries include Gulf Paramount for Electrical Services Co WLL and Coolex General Trading and Contracting Co WLL (Coolex), an air conditioning manufacturing company. Coolex provides a number of products that range from: Concealed Ducted Split used for apartment buildings and offices; Central Ducted Split Air Conditioners; Central Package Air Conditioners; Air-Cooled Packaged Chillers; Air Handling Units, as well as Fan Coil Units.

Sales Analysis. During the year ended December of 2015, sales at Refrigeration Industries and Storage Co SAK were 27.27 million Kuwaiti Dinars (US$89.11 million). This is a decrease of 13.5% versus 2014, when the company's sales were 31.54 million Kuwaiti Dinars . Contributing to the drop in overall sales was the 16.3% decline in Manufacturing Division, from 27.04 million Kuwaiti Dinars to 22.63 million Kuwaiti Dinars . There were also decreases in sales in Storage Division (down 4.4% to 2.34 million Kuwaiti Dinars ) . However, these declines were partially offset by the increase in sales of Unallocated (up 11.9% to 2.30 million Kuwaiti Dinars ) .
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Refrigeration Industries and Storage Co SAK
  Stock Performance Chart for Refrigeration Industries and Storage Co SAK
  Stock Data: Recent Stock Performance:
  Current Price (1/11/2017): .31
(Figures in Kuwaiti Dinars )
1 Week n/a   13 Weeks n/a  
4 Weeks n/a   52 Weeks 8.8%  
Refrigeration Industries and Storage Co SAK Key Data:
  Ticker: REFRI Country: Kuwait
  Exchanges: Major Industry: Capital Goods
    Sub Industry: Refrigeration & Heating Equipment
  2015 Sales 27,267,314
(Year Ending Jan 2016).
Employees: 1,292
  Currency: Kuwaiti Dinars Market Cap: 29,874,693
  Fiscal Yr Ends: December Shares Outstanding: 97,949,814
  Share Type: Ordinary Closely Held Shares: 81,374,510
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