Electrical Industries Company JSC
SAU:1303
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Gross Margin
Electrical Industries Company JSC
Gross Margin is the amount of money a company retains after incurring the direct costs associated with producing the goods it sells and the services it provides. The higher the gross margin, the more capital a company retains, which it can then use to pay other costs or satisfy debt obligations.
Gross Margin Across Competitors
Country | SA |
Market Cap | 7.1B SAR |
Gross Margin |
30%
|
Country | CN |
Market Cap | 1.2T CNY |
Gross Margin |
25%
|
Country | FR |
Market Cap | 133.6B EUR |
Gross Margin |
42%
|
Country | IE |
Market Cap | 134.3B USD |
Gross Margin |
38%
|
Country | CH |
Market Cap | 90.5B CHF |
Gross Margin |
37%
|
Country | US |
Market Cap | 70.6B USD |
Gross Margin |
51%
|
Country | KR |
Market Cap | 84T KRW |
Gross Margin |
14%
|
Country | US |
Market Cap | 44.7B USD |
Gross Margin |
36%
|
Country | US |
Market Cap | 42.3B USD |
Gross Margin |
36%
|
Country | BR |
Market Cap | 229B BRL |
Gross Margin |
34%
|
Country | US |
Market Cap | 32.6B USD |
Gross Margin |
39%
|
Electrical Industries Company JSC
Glance View
In the bustling arena of Saudi Arabia's industrial landscape, the Electrical Industries Company JSC (EIC) stands as a robust player, intricately weaving itself into the fabric of the region's energy infrastructure. Established with a vision to be a leader in the electrical manufacturing sector, EIC has carved out its niche by specializing in the production of electrical solutions. The company manufactures a wide portfolio of products including transformers, switchgears, and other vital electrical components that are essential for power distribution. EIC’s products are crafted to support the infrastructure needs of a diverse set of clients, ranging from utility companies to industrial enterprises, ensuring the seamless transmission of electricity across the nation. EIC's business model thrives on its ability to provide comprehensive electrical solutions tailored to the specific demands of its clients. EIC ensures profitability and growth through a combination of robust product development and strategic market positioning. With a command over the domestic market, the company extends its influence by exporting its products to various countries, tapping into a global demand for reliable electrical equipment. By leveraging partnerships and fostering innovation, EIC not only reinforces its standing in the local market but also bolsters its reputation as a key regional player in the electrical manufacturing sector. As the demand for efficient energy solutions continues to rise, EIC remains well-positioned to capitalize on these opportunities through its strong market presence and unwavering commitment to quality and innovation.
See Also
Gross Margin is the amount of money a company retains after incurring the direct costs associated with producing the goods it sells and the services it provides. The higher the gross margin, the more capital a company retains, which it can then use to pay other costs or satisfy debt obligations.
Based on Electrical Industries Company JSC's most recent financial statements, the company has Gross Margin of 29.7%.