Gulf Cable and Electrical Industries (Gulf Cable) witnessed surges in all aspects of business performance in 2004.

The company reported a net profit of KD12.01 million ($41.1 million) against KD10.4 million in the previous year.
With the completion of most phases of the expansion plan it commenced in 2000, the company achieved its highest production at 48.81,000 tonnes against 44,130 tonnes in the previous year and 31,620 tonnes in 2002.
The product range includes medium voltage power cables up to 30 kV; low voltage power cables of 600/1,000 V; control cables 600/ 1,000 V; telephone, comm-unication and instrum-entation cables; bare conduc-tors for overhead lines; earthing conductors; PVC or XLPE insulated cables and cables and wires for domestic applications.
The company also makes cables for miscellaneous applications including welding cables with copper conductor and insulated with a rubber-based comp-ound; fire survival cables; airport lighting cables; irrigation cables and cold pour resin compound and cable joints in the voltage range up to 1000 V AC and 1500 V DC. 
Total sales in 2004 were KD36.24 million against KD29.37 million in 2003 and KD21.61 in 2002 while the export share was respectively 23.9 per cent, 20.04 per cent and 31.84 per cent.
Improvements in the facilities included the installation of six new machines for insulation, preparing conductors and manufacturing PVC. The company said improvements were made in the efficiency of raw materials utilisation “till they matched the standards of the cable-manufacturing industry.” The performance of wires-manufacturing machines was enhanced; a standard production level of conductors on drawing machines was achieved and the percentage of normal wastage was reduced from 2.70 per cent to 2 per cent.
The company also introduced a bar code system for receipts, storage and issue of spare parts, a move that brought in savings of KD55,400. Additionally several software programmes were introduced.
Gulf Cable also participated with leading companies in the founding of two companies, one of which is a local holding company and the other is a joint Egyptian-Kuwaiti establishment in Egypt.  The company reported its investment revenue in various companies surged by KD450,000 or 21.3 per cent compared with 2003.
Gulf Cable was established in 1975 with the objective of meeting growing local requirements and providing customers with quality wires and cables. The company’s large and modern factory was commissioned in October 1979. Since then the activities of Gulf Cable, along with demand for its products in local and export markets, had been growing steadily and impressively. In 1985, a modern production unit to manufacture low voltage cable joints was added to the prevailing range of products.
In 1990, the company was struck by disaster following the Iraqi invasion. However, it rose from the ruins thanks to large-scale investments in the manufacturing facilities. By procuring the most modern and sophisticated machinery and test equipment, it restored its full product range by mid-1992. The new machinery has numerous built-in functions and features, rendering precision and consistency of the highest standards.
The company has been bestowed the Kuwait Quality Mark issued by the Kuwaiti Ministry of Commerce and Industries, and its efforts in quality assurance have been recognised by the international quality assurance system ISO 9001, certified by RWTUV Germany.