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203270

ECONOMIC AND COMMERCIAL EVALUATION AL-ABD FOOD COMPANY IN KUWAIT(In Arabic)

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Last updated: 22 Jan 2023

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Abstract

The average annual revenue of the company amounted to 14.9 million KD, average annual costs 12.5 million KD, and average annual profits = 2.4 million KD, and the project was commercially evaluated through a payback period of about 5.8 years, and the return on investment amounted to about 17.1%, and net The present value is 17.3 million dinars, and the profitability of the dinar is 1.2 dinars. In the event of a decrease in revenues of 10% with fixed costs, it is found that the net present value = 9.4 million dinars, and the profitability of the dinar is 1.11.  In the case of the stability of the revenue and the increase in costs, the net present value = 8.2 million Kuwaiti dinars. And the investment profitability of the dinar = 1.08 dinars, and when costs increase and revenues decrease, the net present value is negative, and the dinar loses 0.1%. The study of the company's financial position showed that the project's are the trading ratio 43: 1, the efficiency ratio is the inventory turnover rate of about 1.6, the total assets turnover rate is 0.79 the asset turnover rate, and the research was based on the company's records and data during the research period. Conclusively, the research recommends the necessity of expanding the Al-Abd Food Company because of its great role in providing the population of the State of Kuwait with the foodstuffs they need, as well as for its high profits.  

DOI

10.21608/jpd.2021.203270

Keywords

Economic, Commercial Evaluation, Al-Abd Food Company, Kuwait

Authors

First Name

Sarah

Last Name

Abdel Karim

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Affiliation

Department of Agricultural Economics, Faculty of Technology and Development, Zagazig University, Egypt.

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Faculty of Technology and Development, Zagazig University, Egypt.

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First Name

Ahmed Al-Roos

Last Name

Al-Roos

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-

Affiliation

Department of Agricultural Economics, Faculty of Technology and Development, Zagazig University, Egypt.

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City

Faculty of Technology and Development, Zagazig University, Egypt.

Orcid

-

First Name

Fikri

Last Name

El Desoki

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-

Affiliation

Department of Agricultural Economics, Faculty of Technology and Development, Zagazig University, Egypt.

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City

Faculty of Technology and Development, Zagazig University, Egypt.

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Volume

26

Article Issue

4

Related Issue

20763

Issue Date

2021-10-01

Receive Date

2021-07-10

Publish Date

2021-10-01

Page Start

637

Page End

656

Print ISSN

1110-2543

Online ISSN

2682-3322

Article File

JPD_Volume 26_Issue 4_Pages 637-656.pdf

PDF . 674.3kB

Link

https://jpd.journals.ekb.eg/article_203270.html

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https://jpd.journals.ekb.eg/service?article_code=203270

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Original Article

Type Code

867

Publication Type

Journal

Publication Title

Journal of Productivity and Development

Publication Link

https://jpd.journals.ekb.eg/

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Article

Created At

22 Jan 2023