Minrav Group Ltd operates within the Industrial buildings and warehouses sector.
In addition to historical fundamental analyses, the complete report available to purchase compares Minrav Group Ltd with three other
non-residential construction companies in Middle East:
Nass Corporation B.S.C.
of BAHRAIN
(2019
sales of 153.48 million Bahrainian Dinars [US$407.12 million]
of which 91%
was Construction and Allied Activities),
IES Holdings Ltd
(35.36 million Israel Shekels [US$10.93 million]
of which 96%
was Real Estate for Investment), and
Ludan Engineering Co. Ltd.
(564.90 million Israel Shekels [US$174.67 million]
).
Sales Analysis.
During the year ended December of 2019, sales at
Minrav Group Ltd were 814.63 million Israel Shekels (US$251.89 million).
This
is
an
increase of 4.5%
versus 2018, when the company's sales were 779.76 million Israel Shekels.
Despite this increase, sales are still
below the level achieved in 2017, when Minrav Group Ltd
reported sales of 831.49 million Israel Shekels.
Sales of Qualites saw an increase
that was more than double the company's growth rate: sales were up
120.1% in 2019, from
6.05 million Israel Shekels to 13.32 million Israel Shekels.
Minrav Group Ltd also saw significant increases in sales in
Contracted Work (up 48.9% to 623.20 million Israel Shekels)
and
Property Rental and Management (up 8.1% to 31.53 million Israel Shekels)
and
Real Estate - Usa (up 111.7% to 5.14 million Israel Shekels)
.
Not all segments of Minrav Group Ltd experienced an increase in sales in 2019:
sales of Construction for Sale fell 56.7% to 134.73 million Israel Shekels.
Minrav Group Ltd also experienced decreases in sales in
Franchising (down 14.5% to 95.73 million Israel Shekels)
.