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
 Jul 1 2015 - Kuwait MPs pass $23.2 bn deficit budget on oil slideAFP
(MENAFN - AFP) Kuwait parliament Wednesday passed the 2015/2016 state budget which projects a 7.0-billion dinar ($23.2 billion) deficit due to the sharp drop in oil prices. Forty-seven MPs voted for ...

 Jul 1 2015 - Ban Ki-Moon Appeals for Implementing Geneva Communique on SyriaQatar News Agency
(MENAFN - QNA) Secretary-General of the United Nations Ban Ki-moon has called on to put an end to the suffering of the Syrian people and to find an exit from this madness. In a statement read by a ...

 Jul 1 2015 - UN: 137,000 Flee Across Mediterranean in First Half YearQatar News Agency
(MENAFN - QNA) Some 137,000 fled across the Mediterranean to Europe in the first half of the year, nearly double the amount seen in the same period last year, the UN Refugee Agency (UNHCR) said ...

 Jul 1 2015 - Lebanese Army Kills Five Nusra Gunmen in Arsal OutskirtsQatar News Agency
(MENAFN - QNA) The Lebanese Army killed five militants in northeastern border town of Arsal, while they were attempting to sneak between Arsal and its outskirts, the Army said in a statement ...

 Jul 1 2015 - Jordan- Cooking gas cylinders' price reduced, gasoline's price unchangedJordan News Agency
(MENAFN - Jordan News Agency) Cooking gas cylinders' price will be reduced, while fuel prices will remain unchanged through the month of July, Minister of Industry, Trade and Supply, Maha Ali, ...

 Jul 1 2015 - US to Remove Ban on Security Aid to BahrainJordan News Agency
(MENAFN - Jordan News Agency) The United States lifted its ban on sending security aid to the government of Bahrain due to progress on human rights issues, US State Department spokesperson John Kirby ...

 Jul 1 2015 - Obama offers help to TunisiaJordan News Agency
(MENAFN - Jordan News Agency) US President Barack Obama offered condolences to Tunisian leader Beji Caid Essebsi Monday, after the militant attack that killed 38 people and left the future of the ...

 Jul 1 2015 - Jordan - Moderate weather forecast until FridayJordan News Agency
(MENAFN - Jordan News Agency) The weather will be moderate on Wednesday in the hilly areas, relatively hot in the Badia, and hot in the Jordan Valley and Aqaba, with northwesterly moderate ...

 Jul 1 2015 - Jordan- The Amman Stock Exchange starts trading on higher noteJordan News Agency
(MENAFN - Jordan News Agency) The Amman Stock Exchange (ASE) opened trading on Wednesday with a rise to 2117 points compared to 2115 points of last session closure, according to market sources.The ...

 Jul 1 2015 - Israeli forces move into Deir al-BalahJordan News Agency
(MENAFN - Jordan News Agency) Israeli occupation forces on Wednesday morning made an incursion into east of Deir al-Balah in the central of the Gaza Strip.Palestinian sources said that Israeli ...

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