A Message from NCI Chairman
It’s my pleasure to welcome you to the official website of the National Carton Industry, where we provide you with comprehensive information about the company’s history, management, products, and news.
Last year was hard for our national economy. The covid-19 pandemic has hardly affected all Palestinian economic sectors. Most of these sectors have stopped their operations fully or partially. Frequent closures had negative impacts on our company; besides the pandemic itself, the packaging sector suffered from multiple challenges and fluctuations. During 2020, we suffered from strong competition and extensive importing from the nearby countries.
None of these challenges prevented us from achieving remarkable successes; our sales in 2020 were up to USD 4,876,184 compared to 3,752,685 in 2019, with a rise of 29.94%. Behind this success lies great work to empower our human resources and develop our relations with major clients.
NCI’s total income in 2020 was $1,084,803 compared with only $289,597 during 2019, with a growth rate of 275%. This success was achievable by the effective operation of the Carton board production line, and the good management of supply chain, production inputs, lowering production cost, and the management of relations with the strategic suppliers.
NCI plans to continue the execution of the production lines’ development plan, which has already started during 2018, by deploying a new Carton board production line, which will increase its products portfolio, and empower the company’s position in the Palestinian market.
NCI stayed resilient against Covid-19 using proactive strategic planning, precautionary measures, and strong planning of supply chain, operation efficiency, and increasing income. All of these activities enabled us to reduce the pandemic impacts and achieve remarkable success.
Mahdi Hayati Masri, Chairman.