Arab co. For Livestocks development
CREATIVE EVENTS
Risk Management :
Acolid is cognizant of the importance of risk management function in conducting its business operations. The policy adopted is to safeguard its liquidity in hosting states who are suffering from soar-inflation, and currency devaluation through using the surplus fund in purchasing additional quantities of raw materials, operation inputs and real-estates like that of Sudan and Syria.
On the same time, part of the liquidity available within the legal and optional reserves was invested in liquid or easy to liquefy assets, including investment in real- estate projects, encouraged by the fact that some governments granted the company various merits and facilities such as free or nominal prices for Lands. Such concept resulted in the commercial and administrative buildings in Fujairah UAE and Sharjah UAE. Parts of these Buildings are used as branches and administrative centers for Acolid personnel to look after marketing, and supervise activities.
Acolid investment in these real estates reached KD ( 12.655 ) millions equivalent to US$(45.68 ) millions representing ( 21.45 % ) of the paid-up capital. Furthermore, part of the available liquidity is invested in money market easy liquid assets of diversified range of products, out of which are diversified portfolios, government bonds and bank deposits. Investment activities are set out and monitored by the investment committee within a conservative frame work approved by the Board of Directors.
Financial Highlight
2017 2018 2019 2020 2021 2022 2023
Total Assets --------------------------------------------
Shareholders' Equity --------------------------------
Sales ----------------------------------------------------
Profit Before provision & Reserves --------------
Return on Capital -----------------------------------
707,305,246
478,398,849
157,306,569 36,833,807
21.7
720,614,960
491,043,765
163,262,371
30,314,656
18.4
744,524,258
515,180,235
179,168,973
34,566,917
19.5
744,158,909
538,111,322
185,818,095
36,475,539
20.9
746,199,452
554,618,231
179,120,530
29,972,136
15.7
737,702,212
543,708,668
213,546,246
25,008,867
11.87
754,298,398
550,967,121
213,069,949
13,201,204
6.28