Sector: Industrials
The company is not available at Interactive Brokers
South Ocean Holdings (JSE:SOH) is a well-established South African manufacturer and distributor of low-voltage electric cable and related products. Until the end of the 2018 financial year, it was also an importer, wholesaler and distributor of domestic and commercial lighting and accessories.
The Group is a preferred supplier in the local market, servicing the building and construction industries. Its operations are conducted through SOEW.
South Ocean Electric Wire Company
SOEW is a manufacturer and distributor of a full range of low-voltage electrical cables, which range from those typically used in households to industrial steel-wire armoured cables. Its product range includes general-purpose insulated wire, a range of flexible conductors, steel wire armoured cables, flat-twin and earth cables, aluminium conductor steel reinforced (ACSR) cables, aerial bundle conductors (ABC), and surface wire.
All of its products are manufactured at the SOEW plant in Alrode, Gauteng, where stringent quality controls are in place. SOEW also distributes directly to its clients, using its own fleet of trucks and delivery vehicles. Its direct clients are electrical wholesalers and distributors who, in turn, supply the building, construction, mining and retail sectors.
The company's competitive advantage is based on the superior quality of its products, reliable distribution, and excellent customer service, all of which enable it to remain competitive despite the challenging market conditions currently being experienced in South Africa.
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