Stock PAPCO PALMS AGRO PRODUCTION COMPANY K.S.C.P
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Company Palms Agro Production Company K.S.C.P

Equities

PAPCO

KW0EQ0605026

Fishing & Farming

End-of-day quote Kuwait S.E.
Other stock markets
 18:00:00 2024-05-22 EDT 		5-day change 1st Jan Change
0.159 KWD +2.58% Intraday chart for Palms Agro Production Company K.S.C.P -20.90% +96.30%
03-31 Palms Agro Production Company K.S.C.P Reports Earnings Results for the Full Year Ended December 31, 2023 CI
2023 Palms Agro Production Company K.S.C.P Reports Earnings Results for the Third Quarter and Nine Months Ended September 30, 2023 CI

Business Summary

Palms Agro Production Co KSCP (PAPC), a subsidiary of Bayan Holding Company KSCC, is a Kuwait-based public shareholding company that operates in the agricultural sector. The Company carries out agricultural contracting projects, imports and exports agricultural supplies, and establishes and manages agricultural nurseries. In addition, the Company invests its surplus fund in portfolios managed by specialized companies and entities. The Company is organized, along with its subsidiaries, into three business segments: the Commercial segment includes the production and sale of nurseries and ornamental plants; the Projects segment is involved in the provision of gardening and maintenance services, and the Investment segment. The Company has a wholly owned subsidiary, Palm Trees Company KSC, which is involved in the production and packing of black honey.

Number of employees: 415

Sales per Business

KWD in Million2022Weight2023Weight Delta
Commercial
62.7 %
3 72.9 % 3 62.7 % +4.16%
Projects
30.8 %
1 15.2 % 1 30.8 % +145.88%
Investments
6.5 %
0 11.9 % 0 6.5 % -33.83%

Sales per region

KWD in Million2022Weight2023Weight Delta
Kuwait
100.0 %
4 100.0 % 5 100.0 % +21.17%

Managers

Managers TitleAgeSince
Walid Ahmed Dawood Al-Ablani CEO
 Chief Executive Officer - 20-12-31
Rafat Masoud IRC
 Investor Relations Contact - -

Members of the board

Members of the board TitleAgeSince
Bader Hamad Abdullah Al Rabiah BRD
 Director/Board Member - -
Abdulmoghni Abdullah Al-Abdulmoghni CHM
 Chairman - -
Abdullah Khaled Al-Turkait BRD
 Director/Board Member - -
Shebnan Fahed Al-Motery BRD
 Director/Board Member - -
Walid Ahmed Dawood Al-Ablani CEO
 Chief Executive Officer - 20-12-31

Share class

VoteQuantityFree-FloatCompany-owned sharesTotal Float
Stock A 1 52,399,000 8,243,001 ( 15.73 %) 83,200 ( 0.1588 %) 15.73 %

Company contact information

Palms Agro Production Co. KSCC

Al Rai- Fourth Ring Road Block 56

13020, Kuwait City

+

http://www.palms-kw.com
address Palms Agro Production Company K.S.C.P(PAPCO)

Sector

Consumer Non-Cyclicals
Food & Beverages
Food & Tobacco
Fishing & Farming
Commercial Nurseries

Sales per Business

Sector Commercial Nurseries

1st Jan change Capi.
PALMS AGRO PRODUCTION COMPANY K.S.C.P Stock Palms Agro Production Company K.S.C.P
+96.30% 27.06M
SAKATA SEED CORPORATION Stock Sakata Seed Corporation
-11.62% 967M
Commercial Nurseries
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