Orascom Construction Industries
| Name | Orascom Construction Industries | |
| Sector | Construction and Real Estate - General building contractors | |
| Trading | CASE | |
| RIC Code | OCIC.CA | |
| Location | EGYPT |
Profile and Background
Orascom Construction Industries (OCI) is among the major cement producers and construction conglomerates in the Middle East and North Africa regions. Its scope of operations extends well into the regional markets, including North Africa, the GCC, Afghanistan, Pakistan, Nigeria and Iraq.
The firm is composed of two main groups: the Cement Group and the Construction Group. OCI is adopting a strategy of actively pursuing opportunities in emerging markets through acquisitions and Green-field developments via its Cement Group, which is composed of the following main subsidiaries: Egyptian Cement (57.
3%), Algerian Cement (100%), United Cement Holding (51%; holds a 12 year lease for the operation of the Tasluja plant in Kurdistan, Iraq), Pakistan Cement Holding (100%; finalizing acquisition of 52.5% of Chakwal Cement Co.
, Northern Pakistan), National Bag (75%), and Mehsas National Bag (50%). The company's Cement Group is collectively the largest cement producer in the Middle East with total productive capacity of 14.2 mn tons/annum by the end of 2005, inclusive of 1.
2 mn tons of capacity in Kurdistan. Current Capacity stands at 7.3 mn tons/annum. OCI's Construction Group is a dominant regional contractor with significant presence in Egypt and Algeria, which provides engineering, procurement, and construction services for large-scale infrastructural and industrial projects executed by both private and regional public entities.
The Construction Group that regularly ranks among the top 200 construction contractors in the world has the following major subsidiaries: OCI (Egypt, 100%), Besix (50%), Contrack International (45%) and National Steel Fabrication (50%) among others.
OCI is based in Cairo, Egypt and employs 40,000 people in 14 countries.
The firm is composed of two main groups: the Cement Group and the Construction Group. OCI is adopting a strategy of actively pursuing opportunities in emerging markets through acquisitions and Green-field developments via its Cement Group, which is composed of the following main subsidiaries: Egyptian Cement (57.
3%), Algerian Cement (100%), United Cement Holding (51%; holds a 12 year lease for the operation of the Tasluja plant in Kurdistan, Iraq), Pakistan Cement Holding (100%; finalizing acquisition of 52.5% of Chakwal Cement Co.
, Northern Pakistan), National Bag (75%), and Mehsas National Bag (50%). The company's Cement Group is collectively the largest cement producer in the Middle East with total productive capacity of 14.2 mn tons/annum by the end of 2005, inclusive of 1.
2 mn tons of capacity in Kurdistan. Current Capacity stands at 7.3 mn tons/annum. OCI's Construction Group is a dominant regional contractor with significant presence in Egypt and Algeria, which provides engineering, procurement, and construction services for large-scale infrastructural and industrial projects executed by both private and regional public entities.
The Construction Group that regularly ranks among the top 200 construction contractors in the world has the following major subsidiaries: OCI (Egypt, 100%), Besix (50%), Contrack International (45%) and National Steel Fabrication (50%) among others.
OCI is based in Cairo, Egypt and employs 40,000 people in 14 countries.
Shareholding Groups
| Individuals | 71% |
| Institutions | N/A |
| Floating | 29% |
| Government | N/A |
Board Members (Listed in alphabetical order)
| Director | Alaa El Din Hasonah Sabe |
| Director | Karem Nagi Kamel Toyeg |
| Director | Maged El Bert Abader |
| Director | Mohamed Farouk Abd El Mounem |
| Director | Mohamed Mahmoud Youseif |
| Director | Mohamed Tarek Mohamed Abdel Kader Hatem |
| Managing Director | Nasif Uonsy Nagib Saweeris |
| Director | Osama Anour Bshay |
| Chairman | Uonsy Nagib Saweeris |
Stock Performance
Market Information
| Stock | Egypt Index | |
| Last Closing | EGP 275.9 | 3712.73 |
| YTD % | 5.68% | 0% |
| Weekly % | 1.161% | 0.21% |
| Year High | EGP 545.05 | 4251.24 |
| Year Low | EGP 247.02 | 2585.5 |
| 52 Week High | EGP 300.01 | 5096.33 |
| 52 Week Low | EGP 168.04 | 3395.06 |
| BETA | 4.1117 | |
| Outstanding Shares | 190,575,000 | |
| Market Cap | EGP 52,579,642,500 | |
| Market Cap in $ | USD $9,216,414,110 | |
| % of Egypt Market | 13.49% | |
| % of Sector | 72.55% | |
| Rank by Cap | 2 |
Key Figures in '000 EGP
| 2004 | 2003 | 2002 | |
| Total Assets | 3,374,222 | 2,932,236 | 2,618,917 |
| Shareholder's Equity | 1,204,401 | 1,181,191 | 1,120,119 |
| NIAT | 182,022 | 166,947 | 226,579 |
| Dividends | N/A | 259,875 | 86,625 |
Financial Ratios
| 2004 | 2003 | 2002 | |
| Assets Growth | 15.07% | 11.96% | -0.63% |
| Earning Growth | 9.03% | -26.32% | 24.20% |
| ROaA | 5.77% | 6.02% | 8.62% |
| ROaE | 15.26% | 14.51% | 21.77% |
| No. Of Shares | 190,575,000 | 86,625,000 | 86,625,000 |
| EPS | 0.96 | 1.93 | 2.62 |
| EPS Growth | 9.03% | -26.32% | 24.20% |
| Payout Ratio | N/A | 155.664 | 38.232 |
Valuation Ratios
| Trailing | |
| PE | |
| PB | |
| DVPS | |
| Div Yield | |
| EV | |
| EV/Equity |

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