Quotes: US MENA   Enter Symbol: NewsLetter: Search: advanced

Kuwait- Noor Posts Net Profit Of KD 9.05 Mln In '13  Join our daily free Newsletter

MENAFN - Arab Times - 29/03/2014
No. of Ratings : 0
Add to Mixx!



(MENAFN - Arab News) Noor Financial Investment Company declared its results for the year 2013 achieving a net profit of KD 9.05 million (Earnings per Share of 24.71fils)representing a growth of 100% compared to the net profit of KD 4.52 million (Earnings per Share of 12.34fils) last year. Abdullatif Al Asfour, Noor's Chairman and Managing Director, said that these results were achieved through the implementation of the Company's strategic plan. The company has repaidpart of its liabilities to the banks and reduced the debt over the past year in line with the approved restructuring plan. Al Asfour also declared that the company's board has proposed 10% bonus shares distribution on outstanding shares for the year 2013 subject to obtaining approval of the relevant authorities and the General Assembly of the company



The Kuwait Stock Exchange Company announces that the Board of Directors of National Real Estate Company met on Wednesday 26/3/2014, and approved the annual financial statements of the company for the year ended 31/12.2013 as follows

Particulars 31/12/2013 31/12/201

Profit (loss) (KD) 15,346,157 7,831,61

EPS (fils) 18.86 9.6

Total current assets 38,077,463 42,298,49

Total assets 522,031,570 512,652,93

Total current liabilities 163,627,013 114,987,74

Total liabilities 322,776,437 322,207,62

Total shareholders' equity 199,255,133 190,445,30

The total revenue from transactions with related parties is worth KD 916,671

The total expenses from transactions with related parties is worth KD 62,98

The Board of Directors has recommended the distribution of bonus shares of 5 percent of paid-up capital (5 shares for every 100 shares) for the year ended 31.12.201

Note that these recommendations are subject to approval by the General Assembly and the competent authorities





The Kuwait Stock Exchange Company announces that the Board of Directors ACICO Industries met on Wednesday 26/3/2014, and approved the annual financial statements of the company for the year ended 31.12.2013 as follows

Particulars 31/12/2013 31/12/201

Profit (loss) (KD) 6,413,542 2,641,38

EPS (fils) 25.88 10.6

Total current assets 21,915,291 22,440,11

Total assets 250, 378,266 242,445,23

Total current liabilities 20,557,402 20,218,93

Total liabilities 161,689,006 158,882,25

Total shareholders' equity 84,199,873 79,487,23

The total revenue from transactions with related parties is worth KD 0.00

The total expenses from transactions with related parties is worth KD 186,577

The Board of Directors has recommended distributions cash dividend of 10 percent of the nominal value of shares i.e. 10 fils per share and distribution of bonus shares of 5 percent of paid-up capital 5 shares for every 100 shares for the year ended 31.12.201

Note that these recommendations are subject to approval by the General Assembly and the competent authorities



The Kuwait Stock Exchange Company announces that the Board of Directors of Al-Argan International Real Estate Co. met on Wednesday 26/3/2014, and approved the annual financial statements of the company for the year ended 31.12.2013 as follows

Particulars 31/12/2013 31/12/201

Profit (loss) (KD) 3,864,390 4,378,37

EPS (fils) 15.08 17.0

Total current assets 40,496,904 32,281,16

Total assets 142,754,899 127,306,93

Total current liabilities 23,754,623 19,287,68

Total liabilities 71,648,887 58,200,21

Total shareholders' equity 71,106,012 69,106,72

The total revenue from transactions with related parties is worth KD 570,74

The total expenses from transactions with related parties is worth KD 437,607

The Board of Directors has recommended distributions of cash dividend of 7 percent of the nominal value of the shares i.e. 7 fils per share for the year ended 31.12.201

Note that these recommendations are subject to approval by the General Assembly and the competent authorities

 


Arab Times




  MENA News Headlines
 Sep 21 2014 - Kuwait Bourse Indices Close in GreenQatar News Agency
(MENAFN - QNA) Main indices of the Kuwaiti bourse were in the green zone upon closing on Sunday with the weighted, the price, and the KSX 15 indices up by 1.67, 13.85, and 4.72 points ...

 Sep 21 2014 - Elaraby Discuss Support of Palestinian Rights with Australian FMQatar News Agency
(MENAFN - QNA) Arab League Secretary-General Dr. Nabil Elaraby discussed with Australian Foreign Minister Julie Bishop on the sidelines of the 69th session of the United Nations General Assembly. ...

 Sep 21 2014 - Dr Al-Awadhi outlines Alzheimer's symptoms advises 'special care'Arab Times
(MENAFN - Arab Times) KUWAIT CITY Sept 20 (KUNA): Kuwait along with other nations of the globe mark Sept 21 as 'World's Alzheimer Day' a widelyspread illness suffered by approximately 35 million ...

 Sep 21 2014 - Gold Prices Continue to FallQatar News Agency
(MENAFN - QNA) Gold price continued dropping for the past eight months to reach its lowest at USD 1,214 per ounce amid hike of the US dollar, said an economic report on Sunday. Sabaek Company ...

 Sep 21 2014 - Qatar Confirms Human Rights Promotion is Strategic OptionQatar News Agency
(MENAFN - QNA) The State of Qatar has confirmed that the issue of promoting and protecting human rights is a strategic option for the state and forms the backbone of the comprehensive reform, ...

 Sep 21 2014 - Qatar Confirms Human Rights Promotion is Strategic Option -1-Qatar News Agency
(MENAFN - QNA) HE Assistant Foreign Minister for International Cooperation and Head of Qatar's delegation in front of the Human Rights Council Sheikh Mohammed bin Abdulrahman bin Jassim Al-Thani said ...

 Sep 21 2014 - Industries Qatar Announces Changes to Board of Directors and Executive ManagementQatar News Agency
(MENAFN - QNA) Industries Qatar (IQ) issued a brief statement regarding changes by Qatar Petroleum to IQ's Board of Directors and executive management in line with its authority under IQ's Articles ...

 Sep 21 2014 - HH the Emir Sends Congratulations to Presidents of Malta and ArmeniaQatar News Agency
(MENAFN - QNA) HH the Emir Sheikh Tamim bin Hamad Al-Thani sent Sunday a cable of congratulations to President of the Republic of Malta Marie Louise Preca on the occasion of her country's National ...

 Sep 21 2014 - HE Premier Sends Congratulations to Presidents of Malta and ArmeniaQatar News Agency
(MENAFN - QNA) HE the Prime Minister and Interior Minister Sheikh Abdullah bin Nasser bin Khalifa Al-Thani sent Sunday a cable of congratulations to President of the Republic of Malta Marie Louise ...

 Sep 21 2014 - HH the Emir Receives Written Message from Gambia's PresidentQatar News Agency
(MENAFN - QNA) HH the Emir Sheikh Tamim bin Hamad Al-Thani has received a written message from President of the Republic of Gambia Yahya Jammeh pertaining to bilateral relations and issues of common ...

more...


 






Google

Click to Apply

 
 

Middle East North Africa - Financial Network

MENAFN News Market Data Countries Tools Section  
 

Middle East North Africa - Financial Network
Arabic MENAFN

Main News
News By Industry
News By Country

IPO News
Islamic Finance News
Private Equity News

How-To Guides
Technology Section

Travel Section

Search News

Market Indices
Quotes & Charts

Global Indices
Arab Indices

US Markets Details

Commodoties

Oil & Energy

Currencies Cross Rates
Currencies Updates
Currency Converter

USA Stocks
Arab Stocks
 

Algeria 
Bahrain 
Egypt 
Iraq
Jordan 
Kuwait 
Lebanon
Morocco 
Oman 
Palestine
Qatar 
Saudi Arabia 
Syria
Tunisia 
UAE 
Yemen

Weather
Investment Game
Economic Calendar
Financial Glossary

My MENAFN
Portfolio Tracker

Voting

Financial Calculators

RSS Feeds [XML]

Corporate Monitor

Events

Real Estate
Submit Your Property

Arab Research
Buy a Research

Press Releases
Submit your PR

Join Newsletters


 
© 2000 menafn.com All Rights Reserved.  Terms of Service | Privacy Policy | Contact Us | Advertise | About MENAFN | Career Opportunities | Feedback | Help