Ducab reports AED 2.2bn sales in H1-20

  • Date: 12-Aug-2020
  • Source: Mubasher
  • Sector:Retail
  • Country:UAE
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Ducab reports AED 2.2bn sales in H1-20

UAE – Mubasher: Ducab Group, the UAE-based provider of copper and aluminium, has achieved profitability in the first six months of 2020 despite the coronavirus (COVID-19) pandemic, according to a press release on Wednesday.

With six manufacturing facilities across four sites in the UAE, the group registered sales of AED 2.2 billion in the first half (H1) of 2020.

The group's largest entity Ducab Cable Business continued to provide customers, in more than 22 export markets, with cables and accessories, recording sales volume of around 40,000 metal tonnes of conductors in H1-20.

Meanwhile, Ducab High Voltage (DHV) cable system has delivered 25% more kms of high voltage cables during the January-June period of 2020, as compared to the corresponding period of 2019.

As for