HAPPY FIFTIETH ANNIVERSARY
The Company’s sales for the year amounted to KDW922.4M at a growth rate of 6.4% over the previous year (vs. 7% Sales CAGR in the past five years). Revenues from the operations in the Gulf region went up by 7.7% to KWD561.5M, and those in Egypt and Africa have also increased by 4.2% to KWD311.7M.From a sector standpoint, the Restaurants & Retail Sector's revenues increased by 8.6% to KWD531.436M. Similarly, the revenues of the Food Industries Sector increased by 3.7% to KWD460.761M.
AlphaMena is the MENA stocks leader in independent equity research, covering 142. MENA securities spanning across 19 sectors and 8 countries relaying on a team of 11 analysts. The breadth of coverage allows AlphaMena to formulate a coherent view on markets, sectors and to highlight the best investments in Mena zone using a robust homogeneous and transparent methodology, enabling pure and pertinent comparisons based on financial and extra-financial criteria.
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