We ensure the financial integrity of KUPCO.
The company achieved net profit on the year 2004, amounting to Kuwaity Dinar 308,346.000, whilst the share holders rights increased with a percentage of 2.89, compared with the year 2003.
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We prepare the consolidated financial statements in accordance with International Financial Reporting Standards issued by the International Accounting Standards Board and the requirements of the Kuwait Commercial Companies Law of 1960, as amended and the Company's Articles and Memorandum of Association. |
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Following is a summary of the most important features of the company's activities through the year 2004. |
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| Production |
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The table hereunder illustrates an outline of the company's most important productive activities of the year 2004 |
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Production Centre |
Quantity Produced |
Unit |
| Feed Mill |
42,478 |
Ton |
| Hatchery |
10,024 |
Chick |
| Broiler Farms |
8,153,135 |
Chicken |
| Egg sorting Hall |
125,505,420 |
Egg |
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| The feed mill produced 42478 Ton during the year 2004 of those types of feed being used in the company's farms. |
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During 2004 the Hatchery production of the Broiler chicks was 10,024,100 chicks, ie. with an increase of 4.2% compared with year 2003.The said production have been transferred in full to the company's Broiler chicken farms. |
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The Broiler farms produced 8,153,135 chicken during year 2004.Part of the said amount has been made available to be sold in the markets as live chicken while the other part has been transferred to the company's central slaughter house to beheaded in accordance with the Islamic Sharia and prepared to be sold in market. |
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The company's production of the table eggs amounted to 125,505,420 egg with an increase of 6% compared with the last year. |
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| Sales & Marketing |
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The market competition in itself is not harmful to the domestic poultry producers, yet it is considered as a motivation of importing modern technology to develop the production and cost reduction. |
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| New Projects |
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| "Columbus Egg" have been made accessible in the markets. |
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| The new Headquarter building at Al-Dajije area - Farwaniyah |
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| The new processing plant building at Shagaya |
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| The new hatchery building at Shagaya |
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