Shuaiba Industrial Company KPSC operates in the Bags: uncoated paper & multiwall sector.
In addition to historical fundamental analyses, the complete report available to purchase compares Shuaiba Industrial Company KPSC with three other
manufacturers of various paper products in Middle East:
Universal Co for Packaging Materials and Paper SAE
of Egypt
(2018
sales of 528.45 million Egyptian Pounds [US$32.82 million]
),
Plastopil Hazorea Company Ltd.
of Israel
(186.36 million Israel Shekels [US$53.72 million]
), and
Filling And Packing Materials Manufacturing Company
which is
based in Saudi Arabia
(163.55 million Saudi Riyals [US$43.61 million]
of which 100%
was Filling & Packaging Material).
Sales Analysis.
Shuaiba Industrial Company KPSC reported sales of 14.74 million Kuwaiti Dinars (US$48.49 million)
for the
year ending
December of 2018.
This
represents
a
decrease of 6.9%
versus 2017, when the company's sales were 15.83 million Kuwaiti Dinars .
Contributing to the drop in overall sales was the 82.1% decline
in Trading, from 15,542.00 Kuwaiti Dinars to 2,786.00 Kuwaiti Dinars .
There were also decreases in sales in
Industrial Packaging (down 8.0% to 9.26 million Kuwaiti Dinars )
and
Flexible Packaging (down 21.5% to 989,426.00 Kuwaiti Dinars )
.
However, these declines were partially offset by the increase in sales of
Commercial Packaging (up 0.1% to 4.49 million Kuwaiti Dinars )
.