Ducab Group announces profitable H1 2020 despite COVID-19

Ducab Group announces profitable H1 2020 despite COVID-19

Overall sales of AED 2.2bn reported for the H1 2020 periodUnited Arab Emirates:Ducab Group, one of the UAE's largest industrial manufacturing businesses, has announced that overall profitability for the first six months of 2020 has been maintained  as compared to same period last year, due to the resilience of its diversified cables and metals business with all manufacturing based in the UAE.Commenting on the company's performance, Dr. Ahmad Bin Hassan Al Shaikh, Chairman of Ducab, said: "The current COVID-19 pandemic has tested businesses around the world“”including the manufacturing sector. Resilience and business continuity have been the cornerstones of Ducab's strategy, supported by strong supply chain partners and the deep commitment from each member of the team. Ducab cables and metals businesses have thus remained profitable during an extremely challenging time.