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Gulf Cable And Electrical Industries Company Company Snapshot
Gulf Cable and Electrical Industries Co KPSC is a Kuwait-based company engaged in the manufacture and supply of electrical cables and related products in Kuwait and abroad. The Company is active in two segments: manufacturing and investment. In addition, the Company invests its surplus funds in investment portfolios. The Company's products include Medium Voltage Power Cables up to 30 Kilovolts; Low Voltage Power Cables 600/1000 volts; Control Cables 600/1000 volts, Telephone, Communication & Instrumentation Cables; Bare Conductors for Overhead Lines; Earthing Conductors, Polyvinyl chloride (PVC) or XLPE Insulated Conductors, and Domestic Applications/Internal Wiring. The Company operates through its 94.5%-owned subsidiary, Gulf Cable and Multi Industries Company JSC, Jordan.

Sales Analysis. Gulf Cable And Electrical Industries Company reported sales of 87.49 million Kuwaiti Dinars (US$289.70 million) for the year ending December of 2016. This represents a very small increase of 1.2% versus 2015, when the company's sales were 86.48 million Kuwaiti Dinars . Despite this increase, sales are still well below the level achieved in 2014, when Gulf Cable And Electrical Industries Company reported sales of 112.41 million Kuwaiti Dinars . Sales of Cable Manufacturing saw an increase of 1.2% in 2016, from 86.48 million Kuwaiti Dinars to 87.49 million Kuwaiti Dinars . Not all segments of Gulf Cable And Electrical Industries Company experienced an increase in sales in 2016: sales of Investment fell 21.6% to 3.98 million Kuwaiti Dinars .
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Gulf Cable And Electrical Industries Company
  Stock Performance Chart for Gulf Cable And Electrical Industries Company
  Stock Data: Recent Stock Performance:
  Current Price (12/7/2017): .42
(Figures in Kuwaiti Dinars )
1 Week -3.9%   13 Weeks -3.0%  
4 Weeks -16.6%   52 Weeks 11.2%  
Gulf Cable And Electrical Industries Company Key Data:
  Ticker: CABLE Country: Kuwait
  Exchanges: Major Industry: Capital Goods
    Sub Industry: Current-Carrying Wiring Devices
  2016 Sales 87,488,491
(Year Ending Jan 2017).
Employees: 520
  Currency: Kuwaiti Dinars Market Cap: 87,541,356
  Fiscal Yr Ends: December Shares Outstanding: 209,931,309
  Share Type: Ordinary Closely Held Shares: 94,909,945
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