Dacub’s sales up 52 percent in 2011

28 Apr 2011

(MENAFN) Ducab’s chairman, Ahmad Al Shaikh, said that the company’s sales in 2011 so far had a 52 percent yea-on-year increase, amounting to USD980 million, reported Arabian Business.

Al sheikh said that the power cables manufacturer was able to make great sales despite a rise in copper prices. He also said that the positive results would be maintained in the whole year as forecasts are for 2011 to have a fifteen percent year-on-year increase in sales.

Shaikh said that Ducab expanded to new sectors and markets within the Middle East, Europe, Africa and Asia, which made the growth in sales possible.

More News

This website uses cookies to ensure you get the best experience and by clicking “I Accept” below, you consent to the use of cookies. Learn more