Galfar Engineering & Contracting operates in the Nonresidential construction sector.
In addition to historical fundamental analyses, the complete report available to purchase compares Galfar Engineering & Contracting with three other
non-residential construction companies in Middle East:
Arad Investment & Industrial Development Limited
sales of 2.41 billion Israel Shekels [US$685.18 million]
United Development Company QPSC
(2.03 billion Qatari Riyals [US$558.05 million]
of which 71%
was Urban Development), and
Heavy Engineering Industries and Shipbuilding Company KSCP
based in Kuwait
(170.27 million Kuwaiti Dinars [US$567.58 million]
of which 77%
was Industrial Activities).
Galfar Engineering & Contracting reported sales of 296.14 million Omani Rials (US$769.20 million)
December of 2017.
decrease of 13.1%
versus 2016, when the company's sales were 340.88 million Omani Rials.
Contributing to the drop in overall sales was the 14.5% decline
in Construction, from 350.58 million Omani Rials to 299.65 million Omani Rials.
There were also decreases in sales in
Manufacturing (down 5.6% to 19.51 million Omani Rials)
Hiring (down 1.7% to 1.69 million Omani Rials)
However, these declines were partially offset by the increase in sales of
Training (up 123.3% to 335,000.00 Omani Rials)