The company has been listed on the Kuwait Stock Exchange since 2002. Alkout reported a net profit of 2.1 million KD for Q3 2024, reflecting a 14.3% increase compared to 1.9 million KD in Q3 2023. The company was recognized as "Industrial Company of the Year" in 2023 by The Energy Year Magazine.
Cyborg Score Rationale
Al Kout demonstrates solid fundamentals with consistent profitability, strong market recognition in the chlor-alkali sector, and diversified geographic reach. The company shows resilience despite operating in a commoditized industry with relatively narrow margins. However, growth appears moderate and the company operates as a subsidiary of a larger parent entity.
Top Insights
Strong profitability trajectory: Q3 2024 net profit grew 14.3% YoY to 2.1 million KD
Industry recognition: Won Industrial Company of the Year award in 2023, validating operational excellence
Diversified end-markets: Serves critical sectors including water treatment, oil & gas, petrochemicals, and pharmaceuticals
Parent company backing: Subsidiary of Boubyan Petrochemical Company provides financial and strategic support
Named Competitors
Petrochemical Products & Trading — Parent company also engaged in petrochemical production
Industrial Chemicals — Global competitors in chlor-alkali and specialty chemicals
Recent Developments
(November 2024) Publicly reported Q3 2024 results showing 14.3% YoY profit growth to 2.1 million KD
(2023) Awarded Industrial Company of the Year by The Energy Year Magazine Kuwait Edition
(2024) Reported H1 2024 net profit of 4.3 million KD, demonstrating continued operational strength
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