Quotes: MENA   Enter Symbol: NewsLetter: Search: advanced

Kuwait- Noor posts net profit of KD 3.25m in first quarter  Join our daily free Newsletter

MENAFN - Arab Times - 18/05/2014
No. of Ratings : 0
Add to Mixx!



(MENAFN - Arab Times) Kuwait city may 13 (agencies): noor financial investment company declared net profit attributable to owners of the parent company for the three months period ended on march 31 2014 of kd 3.25 million and earnings per share (eps) of 8.89 fils compared to the net profit of kd 1.44 million and eps of 3.92 fils for the same period last year.



al-ahleia insurance company has announced kd 3.3 million (11.7 million) in net profit for the first quarter of 2014 compared to kd 2.43 million (8.6 million) for the same period last year.

shareholders' total equity amounted to kd 97 million (344.6 million) for the three months ending in march against kd 90 million (319.8 million) in the same period of 2013 the company said in an online release on tuesday.

the company's assets hit kd 164 million (582.7 million) while liabilities reached kd 67 million for the same period it added.

established in 1962 al-ahleia insurance company is one of the leading insurance companies in the state of kuwait and the arab world.

the company was launched in response to the economic growth of the state of kuwait following the discovery of oil and the drive to enter the international oil market.



nafais holding company said it has gained profits worth kd 4 million in first quarter of 2014 with 973 fils of earnings per share (eps) compared to profits of kd 153 million with 372 fils of (eps) in the same time period last year.

the total shareholders equity reached kd 595 million for the first three months of 2014 against kd 516 million in the corresponding period of 2013 said the company in a statement on kuwait stock exchange (kse) website on tuesday.

moreover the company's total assets reached kd 859 million while the total liabilities hit kd 263 million compared to kd 335 last year said nafais.

nafais was established in 1984 and enlisted in (kse) in 2005 with a paid-up capital of kd 42 million. the company aims to own shares in kuwaiti and non-kuwaiti companies and shares in kuwaiti and non-kuwaiti limited liability companies and participating in the establishment oflending to and managing of these companies and acting as a guarantor for them.



 

the kuwait stock exchange company announces that the board of directors of al eid food company (afco). met on thursday 8/5/2014 and approved interim financial statements of the company for the period ended 31/3/2014 as follows:

particulars for 3 months ended march 31 2014 and 3 months ended march 31 2013

profit (kd)    278592    225439

eps (kf)    3.08    2.49

total current assets    14472587    13028691

total assets    15230102    13916207

total current liabilities    3752934    3094882

total liabilities    5052298    4824460

total shareholders' equity    10177804    9091.747



the kuwait stock exchange company announces that the board of directors of tameer real estate investment company met on thursday 8/5/2014 and approved interim financial statements of the company for the period ended 31/3/2014 as follows:

particulars for 3 months ended march 31 2014 and 3 months ended march 31 2013

profit (kd)    238728    330017

eps (kf)    1.04    1.43

total current assets     7113679    4171848

total assets    29534312    32204966

total current liabilities    2926928    2702874

total liabilities    6725048    6143867

total shareholders' equity    22242173    25561766

the total revenue from

transactions with

related parties is worth    kd 0.000

the total expenses from

transactions with

related parties is worth    kd 46725









 


 


Arab Times




  MENA News Headlines
 May 29 2016 - Oman- Fashion & Beauty Habits to followMuscat Daily
(MENAFN - Muscat Daily) Aristotle once said, 'Good habits formed in youth make all the difference.' Here aresome good habits I follow that make all the difference in my beauty and fashion game. ...

 May 29 2016 - Oman- Rare Shakespeare first edition sold for nearly 2 millionMuscat Daily
(MENAFN - Muscat Daily) A rare first edition of British playwright William Shakespeare's works from 1623 sold for 1.87 million (2.46 million euros, $2.75 million) at Christie's on Wednesday, the ...

 May 29 2016 - Oman- 'Inventive' early Neanderthals built complex structures: studyMuscat Daily
(MENAFN - Muscat Daily) Long thought of as thick-skulled brutes, Neanderthals were already building complex underground structures by firelight, possibly for rituals, 176,500 years ago, said a study ...

 May 29 2016 - Fishing in Oman, a year-round experienceMuscat Daily
(MENAFN - Muscat Daily) One of the many amazing geographical features of the Sultanate, is that it has endless miles of pristine beaches, extending from the southern coasts of Salalah to the azure ...

 May 29 2016 - Abu Dhabi adds night shift for abattoirs during RamadanKhaleej Times
(MENAFN - Khaleej Times) Abu Dhabi's slaughterhouses are all geared up for its busiest month, Ramadan, the Abu Dhabi City Municipality (ADCM) has said. During the holy month of Ramadan, the civic ...

 May 29 2016 - UAE- Don't sympathise, but fight begging during RamadanKhaleej Times
(MENAFN - Khaleej Times) var doLoad = true; if (doLoad) { ...

 May 29 2016 - UAE- Weight-loss surgery death: Probe beginsKhaleej Times
(MENAFN - Khaleej Times) The Ras Al Khaimah Education Zone has initiated an investigation after a young Palestinian man died two weeks after a weight loss surgery in the northern emirate. Dr ...

 May 29 2016 - UAE- How to be the CFO of your householdKhaleej Times
(MENAFN - Khaleej Times) Managing a household's finances is in many ways just like running a small business. And for the one in-charge of managing this, the term 'Chief Financial Officer' seems apt. ...

 May 29 2016 - UAE signs two agreements with KosovoKhaleej Times
(MENAFN - Khaleej Times) The UAE, represented by the Ministry of Finance (MoF), signed two final agreements on avoidance of double taxation on income and the protection and promotion of investment ...

 May 29 2016 - Pakistani mangoes arrive in the UAEKhaleej Times
(MENAFN - Khaleej Times) Pakistani mangoes have hit the UAE markets with the first shipment arriving in Dubai from Karachi on Thursday. Sindhri and Almas have thus made their way back to Dubai. ...

more...


 





Google

 
 

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

Islamic Finance News
Private Equity News

How-To Guides
Technology Section

Travel Section

Search News

Market Indices
Quotes & Charts

Global Indices
Arab Indices

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
Economic Calendar
Financial Glossary


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


 
© 2014 menafn.com All Rights Reserved.  Terms of Service | Privacy Policy | Contact Us | Advertise | About MENAFN | Career Opportunities | Feedback | Help