Gulf Cables and Electrical Industries Group Co. (K.S.C.P)

CABLE • Kuwait Boursa

1.691 KWD-0.24%

Sector

Industrials

Last Updated

9/3/2026

About CABLE

Gulf Cables and Electrical Industries Group Company - KPSC engages in the manufacture and sale of power cables, control cables, telecommunication cables, and overhead conductors in Kuwait and the Middle East. It operates through three segments: Cable Manufacture, Investment, and Rendering Services. The company's products include medium and low voltage cables; overhead lines cables; LSZH cables; lead sheathed cables; telephone and special application cables; L.T. cable joints; fire resistant cables; domestic wires; and solar PV cables. It is also involved in investment; general trading and contracting; and sale and purchase of land and properties, as well as provision of cleaning and maintenance services. Gulf Cables and Electrical Industries Group Company - KPSC was founded in 1975 and is based in Kuwait City, Kuwait.

Headquarters

Kuwait City, Kuwait

Industry

Industrials

Exchange

Boursa Kuwait

Key Metrics

Stock & Valuation

Stock Price:1.691 KD

EPS:0.106 KD

P/E Ratio:16.0

Price to Book:0.00

Dividend Yield:4.14%

Profitability

Net Profit:22.3M KD

Revenue:95.6M KD

Gross Margin:11.6%

Operating Margin:24.5%

Net Margin:23.3%

Returns

ROE:6.4%

ROA:5.6%

Total Assets:397.2M

Total Equity:346.3M

Operating Cash Flow:14.0M KD

Financial Health

Current Ratio:1.48

Debt to Equity:0.15

Cash:5.1M KD

Total Liabilities:50.9M KD

Net Cash Position:-45.9M KD

CABLE annual financials

Gulf Cables and Electrical Industries Group Co. (K.S.C.P) — revenue, net profit, assets, equity and earnings per share, 2020–2025. Source: audited annual reports filed to Boursa Kuwait.

Gulf Cables and Electrical Industries Group Co. (K.S.C.P) (CABLE) annual financial results in Kuwaiti dinars
Year	Revenue	Net profit	Total assets	Equity	EPS
2025	KD 95.6m	KD 22.3m	KD 397.2m	KD 346.3m	106.0 fils
2024	KD 105.3m	KD 20.8m	KD 326.1m	KD 272.0m	99.0 fils
2023	KD 102.2m	KD 21.0m	KD 280.6m	KD 230.8m	101.0 fils
2022	KD 102.5m	KD 13.0m	KD 290.6m	KD 228.3m	62.0 fils
2021	KD 68.5m	KD 16.1m	KD 316.4m	KD 227.5m	77.0 fils
2020	KD 76.1m	KD 5.6m	KD 202.8m	KD 186.3m	27.0 fils

Latest earnings call — Q2 2026

Gulf Cables and Electrical Industries Group Co. (K.S.C.P) analyst conference, 17 August 2026

Gulf Cables delivered a resilient core operational performance in H1 2026 despite top-line headwinds from regional geopolitical disruptions, though headline bottom-line growth decelerated. Total H1 revenue fell 9.4% YoY to KD 54.0M and net profit dropped 11.0% YoY to KD 11.8M (EPS down to 57 fils from 64 fils), primarily dragged down by weak Q1 associate performance. However, Q2 showed signs of operational recovery: gross margin expanded significantly to 17.1% (up 670 bps YoY for H1) via strict cost controls, and Q2 share of results from associates swung back to a KD 2.1M profit after a KD 1.1M loss in Q1. The core thesis remains intact: the business is navigating regional logistics friction effectively, with strong domestic demand supporting margins despite volume contraction.

Full brief: numbers that matter, guidance, analyst pushback, risks · ~500 words

Dividend History

Latest DPS

0.070 KD

Year 2025

Dividend Yield

4.14%

Annual

Avg DPS

0.040 KD

8 years

Growth

+180.0%

8 years

Recent Payments

2025 Dividend(annual)

0.070 KD

Paid 6/21/2026

2024 Dividend(annual)

0.070 KD

Paid 6/18/2025

2023 Dividend(annual)

0.065 KD

Paid 5/20/2024