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Electro Cable Egypt S.A.E (Egypt)

Main Activities: Nonferrous Metal (except Aluminum) Production and Processing | Spring and Wire Product Manufacturing
Full name: Electro Cable Egypt S.A.E Profile Updated: October 30, 2024
Buy our report for this company USD 29.95 Most recent financial data: 2023 Available in: English Download a sample report

Egyptian Electrical Cables is a shareholding company founded in 1954 by seventeen shareholders including two French companies (Electro Cables and Trefileries Luminaries Duhauro). In the early sixties, the company was nationalized and became a public sector entity. The year 1997 witnessed the privatization of the company when a distinguished group of strategic investors decided to buy out the majority of shares held by the Holding Company and consequently ECE is currently operating under law 159 for the year 1981.
The company operates in the electric components sector. The Company is a manufacturer and distributor of power and telecommunication cables and wires in Egypt and abroad.
Egyptian Electrical Cables is the largest diversified cables company in Egypt. Approximately two thirds of its revenues are derived from power cables sales to the electricity sector. The company exports to Africa, Europe, as well as Arab countries. It was listed on Cairo and Alexandria Stock Exchange on 30/03/1995.

Headquarters
Ismailia Canal Agriculture Road, Mostorod, Shobra El Khaima - Kaliobeya, P.O Box 208
Cairo; Greater Cairo; Postal Code: 208

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Website: http://www.ececables.com

Basic Information
Total Employees:
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Outstanding Shares:
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Registered Capital:
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Financial Auditors:
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Incorporation Date:
1954
Key Executives
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Chairperson
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Director / Member of the Management Board
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Director / Member of the Management Board
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Director / Member of the Management Board
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Managing Director
Ownership Details
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25.29%
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23.16%
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22.41%
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10.72%
Subsidiaries
Egyptian Giza Transport And Distribution
99.99%
Gpi Projects Company
99.99%
The Giza Power Industries
99.99%
Company Performance
Financial values in the chart are available after Electro Cable Egypt S.A.E report is purchased.
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Key Financial Highlights
Annual growth percentages for latest two years in local currency EGP. Absolute financial data is included in the purchased report.
Net sales revenue
86.09%
Total operating revenue
86.01%
Operating profit (EBIT)
109.44%
EBITDA
108.31%
Net Profit (Loss) for the Period
85.82%
Total assets
88.75%
Total equity
64.54%
Operating Profit Margin (ROS)
3.26%
Net Profit Margin
-0.02%
Return on Equity (ROE)
3.45%
Debt to Equity Ratio
62.14%
Quick Ratio
-0.16%
Cash Ratio
-0.18%

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