Kuwait- United Poultry Co Earns KD 1.55mn Profit In H1

(MENAFN- Arab Times) Kuwait United Poultry Co. generated KD 1.55 million worth of profits at a rate of 13.9 fils per share in the year's first half, compared to KD 1.56 million at rate of 14 fils, for the same period last year. The company said in a statement on Kuwait Stock Exchange website, on Sunday, that shareholders' total equity amounted to KD 18.9 million in H1 2015 compared to KD 18 million in H1 2014.

Moreover, total assets hit KD 21.3 million and overall liabilities KD 2.43 million, in contrast to KD 2.28 million last year. Established in 1974 and listed in the KSE in 1984, the company is engaged in breeding, sale, distribution and importation of various kinds of poultry, eggs and feed-related materials. It also provides consultancy and management services.