Kuwaiti companies post profits in H1 2015


(MENAFN- Kuwait News Agency (KUNA)) Kuwait Food Company posted profits of KD 24.1 million, earnings per share (EPS) of 62 fils, for the first half of this year, compared to KD 30.8 million, an EPS of 79 fils, for the same period last year. (One KD = USD 3.3) The company's total assets reached KD 684.9 million, the company said in a statement on Wednesday, adding its total liabilities hit KD 302 for the first half of 2015 compared with KD 290 million for the same period last year.
Meanwhile, Kuwait Finance and Investment Company (KFIC) announced profits of KD 543,600 for the first half of this year compared with KD one million for the same period last year.
Al-Argan International Real Estate Company announced profits of KD 24 million, earnings per share of about 93 fils, for the first six months of 2015, compared to KD 1.16 million, earnings per share of 4.5 fils for the same period last year.
Total shareholders' equity reached KD 95.5 million for the first half of 2015 compared with KD 70.3 million for the same period last year, the company said in a statement Wednesday.
Oula Fuel Marketing Company posted profits of KD 1.8 million, earnings per share (EPS) of 4.7 fils, for the first half of this year, compared to KD 2.1 million for the same period of 2015, the company said in a statement posted Wednesday on Kuwait Stock Exchange (KSE).
Total shareholders' equity reached KD 59.6 million by the end of last June compared with KD 54.4 million for the same period of 2014, it added.
National Industries Company posted profits of KD 4.9 million, earnings per share of 14.2 fils, for the first six months of 2015, compared to KD 3.8 million, an EPS of 10.9 fils for the same period of 2014, the company said in a statement posted on KSE.
Total shareholders' equity reached KD 89.08 million by the end of last June compared with KD 83.8 million for the same period of 2014, it added.
Gulf Cable and Electrical Industries Company announced profits of KD 2.7 million, earnings per share of 13 fils, for the first half of this year, compared to KD 7.8 million for the same period of 2014.
Total shareholders' equity reached KD 119.5 million for the first half of this year compared with KD 142.8 million for the same period of 2014, the company said in a statement posed on the website of KSE Wednesday.


Kuwait News Agency (KUNA)

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