Stock ACICO ACICO INDUSTRIES COMPANY - K.S.C. (PUBLIC)
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Company ACICO Industries Company - K.S.C. (Public)

Equities

ACICO

KW0EQ0500953

Construction Materials

End-of-day quote Kuwait S.E.
Other stock markets
 06:00:00 2023-02-15 pm EST 		5-day change 1st Jan Change
0.0795 KWD -3.99% Intraday chart for ACICO Industries Company - K.S.C. (Public) -.--% -.--%
Mar. 31 ACICO Industries Company - K.S.C. Reports Earnings Results for the Full Year Ended December 31, 2023 CI
2023 ACICO Industries Company - K.S.C. Reports Earnings Results for the Third Quarter and Nine Months Ended September 30, 2023 CI

Business Summary

ACICO Industries Company KSCP is a Kuwait-based company that operates in the construction materials and contracting sectors. The Company is engaged in the production of all types of aerated concrete and non-concrete and its construction requirements, as well as import and export of building materials. The Company is organized into three business segments: Industrial, Real Estates and hotels, and Contracting. It is the agent in the Middle East for manufacturing Hebel international products. The Company produces blocks, lintels, slabs, and reinforced structural components. The Company’s plants are located in the State of Kuwait, United Arab Emirates, Kingdom of Saudi Arabia and Qatar. As of April, 2013, the Company increased its stake into 99.5% in Aerated Concrete Industries Co. In April, 2014, its subsidiary, ACICO Construction, acquired 78%-stakes in Ideal Kuwait General Contracting LLC's share capital.

Number of employees: 2,759

Sales per Business

KWD in Million2022Weight2023Weight Delta
Industrial
120.2 %
87 107.0 % 83 120.2 % -4.77%
Entries to Eliminate Inter-company Transactions / Non-controlling Interests
-39.8 %
-21 -25.9 % -27 -39.8 % +30.38%
Contracting
18.7 %
12 14.6 % 13 18.7 % +8.66%
Real Estate
1.0 %
4 4.4 % 1 1.0 % -81.39%

Sales per region

KWD in Million2022Weight2023Weight Delta
Kuwait
133.3 %
96 118.5 % 92 133.3 % -4.62%
Entries to Eliminate Inter-company Transactions / Non-controlling Interest
-39.8 %
-21 -25.9 % -27 -39.8 % +30.38%
Saudi Arabia
3.5 %
5 5.8 % 2 3.5 % -49.14%
Qatar
2.1 %
1 1.4 % 1 2.1 % +27.83%
Other Countries
0.9 %
0 -0.3 % 1 0.9 % -339.52%
United Arab Emirates
0.0 %
0 0.5 % 0 0.0 % -99.50%

Managers

Managers TitleAgeSince
Sonal Gupta DFI
 Director of Finance/CFO - -
Mutaz Al-Jazar CMP
 Compliance Officer - 16-05-31
Moataz Taher Al-Jazar BRD
 Director/Board Member - 21-05-29
Basel Abdullah Meshari Al-Nafisi BRD
 Director/Board Member - -
Ghaida Al-Khaled BRD
 Director/Board Member - -
Ahmad Ghassan Ahmed Saoud Al-Khaled BRD
 Director/Board Member - 05-12-31
Waleed Kamel AUD
 Comptroller/Controller/Auditor - -

Members of the board

Members of the board TitleAgeSince
Ahmad Ghassan Ahmed Saoud Al-Khaled BRD
 Director/Board Member - 05-12-31
Emad Abdullah Abdulrahman Al-Essa CHM
 Chairman - -
Ahmad Faisal Sayed Al-Refaee BRD
 Director/Board Member - 16-05-28
Haitham Al-Khaled BRD
 Director/Board Member - 20-12-31
Henadi Al-Saleh BRD
 Director/Board Member - -
Ghaida Al-Khaled BRD
 Director/Board Member - -
Basel Abdullah Meshari Al-Nafisi BRD
 Director/Board Member - -
Moataz Taher Al-Jazar BRD
 Director/Board Member - 21-05-29

Share class

VoteQuantityFree-FloatCompany-owned sharesTotal Float
Stock A 1 333,400,090 186,089,156 ( 55.82 %) 2,935,360 ( 0.8804 %) 55.82 %

Shareholders

NameEquities%Valuation
Ghassan Al-Khaled
36.36 %
121,224,275 36.36 % 31 M KWD
The Public Institution for Social Security of Kuwait
6.940 %
23,137,967 6.940 % 6 M KWD
ACICO INDUSTRIES COMPANY - K.S.C. (PUBLIC)
0.8879 %
2,960,360 0.8879 % 765 490 KWD

Holdings

NameEquities%Valuation
ACICO INDUSTRIES COMPANY - K.S.C. (PUBLIC)
0.89%
 2,960,360 0.89% 765,490 $

Company contact information

ACICO Industries Co. KSC

Al-Hamra Business Tower 34th Floor

13101, Kuwait City

+

http://www.acicogroup.com
address ACICO Industries Company - K.S.C. (Public)(ACICO)

Sector

Basic Materials
Mineral Resources
Construction Materials
Construction Materials
Other Construction Materials

Sales per Business

Sales per region

Sector Other Construction Materials

1st Jan change Capi.
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