Industry: Communications & Networking | Kuwait
Hayat Communications Co KSCP is Shariah compliant. The company’s financials pass two standards and fail in three.
|Market cap: 23 M||Rev. Growth: 96.1%|
|Debt/36 mo MC||101.43%||✗|
|Cash/36 mo MC||56.43%||✗|
|AR/36 mo MC||%|
|Debt/24 mo MC||91.77%||✗|
|Cash/24 mo MC||51.05%||✗|
|AR/24 mo MC||%|
1 = STRONG BUY | 2 = BUY | 3 = HOLD | 4 = UNDERPERFORM | 5 = SELL
Total Analysts: 0
Hayat Communications Co KSCP is a Kuwait-based company engaged, along with its subsidiaries, in the trade and contracting of electrical and communication equipment, wireless and wired telecommunications equipment and maintenance. The Company’s business solutions consist of deployment, network planning, managed services and in-building solutions. Its products include three- and four-legged towers, rooftop structures, monopoles, equipment shelters, power rectifiers and cells on wheels. The Company’s operations cover the Middle East, Southeast Asia and Africa. During the fiscal year ended December 31, 2011, the Company increased its capital into 100% in Hayat Communication Company WLL by acquitting 12% additional equity interest, and 70% in Hayat Communications Company WLL, Saudi Arabia by acquiring 15% additional equity interest. In February 2012, the Company established a wholly owned subsidiary, namely Hayat Communications Egypt.
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