Quotes: US 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 of lending 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
 Sep 15 2014 - Qatari-Turkish TalksQatar News Agency
(MENAFN - QNA) An official session of talks was held today at the Emiri Diwan between HH the Emir Sheikh Tamim bin Hamad Al-Thani and Turkish President Recep Tayyip Erodogan. During the session HH ...

 Sep 15 2014 - Qatar- HH the Emir Issues Laws /For Local Press/Qatar News Agency
(MENAFN - QNA) HH the Emir Sheikh Tamim bin Hamad Al-Thani issued today Law No. 14 of 2014 issuing law on combating cyber crime. HH the Emir issued Law No. 15 of 2014 regulating charitable ...

 Sep 15 2014 - Qatar- Economy Ministry Launches Three-Month Inspection CampaignQatar News Agency
(MENAFN - QNA) The Ministry of Economy and Commerce stressed the need to adhere to consumer protection act and guarantees given to customers after sales service in order to preserve their ...

 Sep 15 2014 - Peace and Security Conference Opens in ParisQatar News Agency
(MENAFN - QNA) the International Conference on the Peace and Security of Iraq opened here under the co-chairmanship of French President Francois Hollande and Iraqi Prime Minister Fuad ...

 Sep 15 2014 - Philippines braces for impact of powerful typhoonKhaleej Times
(MENAFN - Khaleej Times) The typhoon is expected to hit the northeastern side of the main island of Luzon around sundown with residents prepared for the worst.Manila — Philippine communities on ...

 Sep 15 2014 - Mayor sees red as law disallows beaconsKhaleej Times
(MENAFN - Khaleej Times) Mayors preside over meetings of the elected officials of the civic body.Mayors in Indian cities unlike in many other countries occupy largely ceremonial posts. In Mumbai the ...

 Sep 15 2014 - Returnee nurses gear up for agitationKhaleej Times
(MENAFN - Khaleej Times) A spokesman of the association said they will launch the agitation with a sit-in before the secretariat.Trivandrum - More than 200 nurses who returned to Kerala from the ...

 Sep 15 2014 - Andhra Pradesh seeks special category statusKhaleej Times
(MENAFN - Khaleej Times) The cash-starved residuary state of Andhra Pradesh has reiterated its demand for special category status and liberal grants from the centre for the next five years to boost ...

 Sep 15 2014 - North Korea sentences US man to 6 years of hard laborKhaleej Times
(MENAFN - Khaleej Times) North Koreas Supreme Court on Sunday sentenced a 24-year-old American man to six years of hard labor for entering the country illegally and trying to commit espionage.At a ...

 Sep 15 2014 - Death toll now 40 in Nigeria building collapse: rescuersKhaleej Times
(MENAFN - Khaleej Times) The two-storey building located in the sprawling compound of the vast church complex came down on Friday afternoon.Forty people have now died as a result of a building ...

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