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 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
 Apr 19 2015 - Egypt, OPEC sign USD27m finance loanMENAFN
(MENAFN) The Egyptian Ministry of International Cooperation signed a USD27 million financing deal with OPEC Fund for International Development to help the government in establishing Ain Shams ...

 Apr 19 2015 - 83.7% annual increase in railway revenues during December: CAPMASDaily News Egypt
(MENAFN - Daily News Egypt) There has been an 83.7% increase in the revenues of railway transportation during December 2014, reaching EGP 99.4m, according to the Central Agency for Public ...

 Apr 19 2015 - QNB Al-Ahli net profits up 30% in MarchDaily News Egypt
(MENAFN - Daily News Egypt) Net profits for Qatar National Bank (QNB Al-Ahli) reached EGP 622m in March, marking a 30% increase compared to the same month in 2015, the bank announced ...

 Apr 19 2015 - Egypt- Minister of International Cooperation predicts further economic growthDaily News Egypt
(MENAFN - Daily News Egypt) The global decrease in oil prices is of benefit to Egypt, on the one hand, but may have a negative impact, on the other, according to Minister of International Cooperation ...

 Apr 19 2015 - Egypt, CMI sign MoUDaily News Egypt
(MENAFN - Daily News Egypt) Minister of International Cooperation Naglaa Al-Ahwani has signed a Memorandum of Understanding (MoU) with World Bank Vice President for the Middle East and North Africa ...

 Apr 19 2015 - Notorious conman reveals holes in Egyptian investment marketDaily News Egypt
(MENAFN - Daily News Egypt) Prosecution investigations revealed that a notorious conman, known as Al-Mestarayah, has only EGP 7m in six Egyptian banks, contrary to the EGP 300m that he has allegedly ...

 Apr 19 2015 - UAE, Egypt sign deal to construct 50k housing unitsMENAFN
(MENAFN) The United Arab Emirates are set to sign a construction deal with Egypt that includes the building of 50 thousand housing units in Egypt's new capital project, Amwal Alghad reported.The ...

 Apr 19 2015 - Kuwait finalises investment arm in EgyptDaily News Egypt
(MENAFN - Daily News Egypt) Kuwait has completed the lengthy establishment of a company through which the state's future investments in Egypt will be carried out, a source familiar with the Gulf ...

 Apr 19 2015 - Egypt- Anti-death penalty group pleas to halt execution of 7 citizensDaily News Egypt
(MENAFN - Daily News Egypt) The "Against the Death Penalty" group met with the National Council for Human Rights (NCHR) after urgently appealing the council to stop the execution of seven citizens in ...

 Apr 19 2015 - Egypt receives $27m OPEC loanDaily News Egypt
(MENAFN - Daily News Egypt) The Ministry of International Cooperation signed a loan worth $27m with the OPEC Fund for International Development to support Ain Shams Specialized Hospital.This came on ...

more...


 






Google

Arab Advisors_12th convergence conf

 
 

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