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Ducab Group Confirms 5% Rise In Profitability for 2019

Metal News - Published on Tue, 24 Mar 2020

Image Source: Ducab
Ducab Group has announced a 5% climb in overall profitability in 2019, driven by gains in key areas of its cable and metal manufacturing portfolio. In 2019, Ducab’s copper and aluminium business generated over AED2 billion in sales with over 75% of the overall production being exported. The company also increased its copper capacity by 30% to 175,000 tonnes, along with 50,000 tonnes of aluminium, which is allowing the company to grow the number of markets it serves.

With six manufacturing facilities across four sites in the UAE, Ducab has a manufacturing capability of over 115,000 metal tonnes of high, medium, and low-voltage cable solutions, an upgraded production capacity of 175,000 tonnes of copper rod and wire per annum, complemented by 50,000 tonnes per annum of aluminium rod and overhead conductors. Ducab exports 60% of its overall production worldwide.

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Posted By : Yogender Pancholi on Tue, 24 Mar 2020
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