Loading

All the latest Rail News from around the globe

Subscribe to our Daily Alerts Free Trial

Ducab Group records 5% increase in profitability for 2019

Ducab Group reported (23-Mar-2020) a year-on-year increase in profitability of 5% during 2019. The UAE based manufacturer attributed the rise in profitability to "gains in key areas of its cable and metal manufacturing portfolio". Ducab chairman Ahmad Bin Hassan Al Shaikh stated: "our position as a leading manufacturer in the UAE solidified through a strong commitment to both the local and international markets". Ducab exports 60% of its overall production worldwide, and has been a supplier to the Riyadh Metro in Saudi Arabia and Delhi Metro and Lucknow Metro rail projects in India. [more - original PR]

Subscribe to our Daily Alerts Free Trial