ADSS - Atlas African Industries Limited
Atlas African Industries Limited, formerly Atlas Development & Support Services Limited, is engaged in the provision of support services and development of industrial projects with a particular focus on the Ethiopian consumer market. The company's industrial division is formed to access the multiple opportunities within the East African consumer market, with an initial focus on consumer-based industrial projects. Atlas, through its subsidiary, East Africa Packaging Holdings, is building a glass bottle manufacturing facility north of Addis Ababa, Ethiopia. Atlas recently shut down its Kenyan subsidiaries after a downturn in the oil and gas exploration sector. However, it opted to remain listed on the NSE after exiting its Kenya businesses. Atlas is also listed on the London Stock Exchange's AIM.
NOTE: Shares of Atlas African Industries Limited have been delisted from the Nairobi Securities Exchange (NSE) since close of trading on Thursday, May 9, 2019. Atlas African Industries was traded on the NSE under the ticker symbol “ADSS”. Atlas African Industries Limited had a market capitalization of KES 455 million.
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Profile of Atlas African Industries Limited
Atlas African Industries Limited operates in the Industrials sector, specifically, the Diversified Industrials industry.
Factsheet of Atlas African Industries Limited
- Diversified Industrials
- St Julian’s Avenue, St Peter Port, Guernsey GY1 1GZ, Kenya
ADSS Industrial Market Competitors
Atlas African Industries Limited, issuers of the ADSS stock on the Nairobi Securities Exchange, have five market competitors who are also engaged in the Industrials sector and/or Diversified Industrials industry. The table below presents an overview of their market standing.
|TCL||Trans Century Limited||484M||1.29||+38.7%|
|CABL||East African Cables Limited||240M||0.95||+13.1%|
|PORT||East African Portland Cement Co. Ltd||574M||6.38||-6.18%|
|BAMB||Bamburi Cement Limited||10.5B||29.00||-7.94%|
|OCH||Olympia Capital Holdings Limited||104M||2.61||-11.8%|