SHIP
597.0 KWD
+0.00%
Today
+0.00%
1D
Market is closed
Sun
9:00 AM ~ 12:40 PM
Mon
9:00 AM ~ 12:40 PM
Tue
9:00 AM ~ 12:40 PM
Wed
9:00 AM ~ 12:40 PM
Thu
9:00 AM ~ 12:40 PM
Fri
Closed
Sat
Closed
Information
Name
Heavy Engineering
Currency
KWD
Standard Leverage
1X
Market Cap
118.76M
Avg Daily Volume
1.42M
52 Week High
881.818 KWD
52 Week Low
598 KWD
Trading Hours
See hours
Business Summary
Heavy Engineering Industries and Shipbuilding Company K.S.C.P., together with its subsidiaries, operates as an engineering, procurement, and construction contracting company in Kuwait. It operates in three segments: Industrial, Oil & Gas; Shipyard; and Offshore. The company is involved in the construction and repair of ships; marine, industrial, installation, and maintenance works related to ships, waterways, and ports; trading in equipment, spare parts, and industrial consumables; acting as an agent for trading agencies; industrial inspection works and radiation services; and maintenance, repair, and public services for transport lines, oil and gas tankers, refineries, factories, and annexes, as well as projects and stations of electrical power generation and distribution, water sources, and water and electricity establishments safety. It also supplies, installs, and maintains safety equipment and security systems; provides, installs, and maintains establishments, equipment, machinery, and devices, as well as supplies specialized technical manpower for works related to the electricity, water, oil, and environment sectors; undertakes contract works for laying and installation of pipes, and fine cutting works through using plasma and water; engages in sandblasting, paint and fixed, mobile scaffolds, and welding; provides galvanization works; acquires movables and real estate; and owns intellectual property rights comprising patents, trademarks, and franchise rights. In addition, the company engages in dredging, marine, and civil construction activities; shipyard, oil and gas construction, industrial maintenance, fabrication service, and onshore and offshore operations; electrical and mechanical works; diving and afloat/port repairs; and testing and calibration services. Heavy Engineering Industries and Shipbuilding Company K.S.C.P. was incorporated in 1974 and is headquartered in Kuwait City, Kuwait.
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Frequently Asked Questions
What are industrial stocks in trading?
Industrial stocks represent companies involved in manufacturing, infrastructure, construction, and transportation.
Are industrial stocks a good long-term investment?
Yes, especially during economic expansions. They may offer consistent returns and dividends, though they can be sensitive to economic slowdowns and interest rate changes.
How do interest rates impact industrial stocks?
Rising interest rates can increase borrowing costs for industrial companies, which may reduce profit margins and capital spending, impacting stock performance.
What are examples of industrial sectors to watch?
Aerospace, defense, construction, machinery, and logistics are key sectors often tracked by investors looking for industrial exposure.
