Quotes: US MENA   Enter Symbol: NewsLetter: Search: advanced

Kuwait- Mabanee Co. posts KD 6 mln in net profit for Q1 of ''12  Join our daily free Newsletter

MENAFN - Kuwait News Agency (KUNA) - 02/05/2012

No. of Ratings : 0
Digg This Article: http%3a%2f%2fwww.menafn.com%2fmenafn%2fqn_news_story_s.aspx%3fstoryid%3d1093509329%26title%3dKuwait-Mabanee-Co%26src%3dRSS Share This Article: http%3a%2f%2fwww.menafn.com%2fmenafn%2fqn_news_story_s.aspx%3fstoryid%3d1093509329%26title%3dKuwait-Mabanee-Co%26src%3dRSS Add to Delicious Seed this article Buzz this article Add to Reddit Add to furl Add to stumbleupon Add to Mixx!


 


(MENAFN - Kuwait News Agency (KUNA)) Mabanee Real Estate Company announced on Tuesday a net profit of KD six million for the first quarter of 2012 at share profit of 9.9 fils, compared with KD 5.77 million at share profit of 9.5 fils of same period in 2011.

In a press release at Kuwait Stock Exchange (KSE) Website, the company said that shareholders' equity has reached KD 152.5 million at the end of March 2012, compared with KD 132.3 million in total shareholders' equity of same period of 2011.

It added that the company's total assets had reached KD 323.2 million, while total liabilities reached KD 170.7 million in the first quarter of 2012, compared with KD 135.4 million in liabilities of same period in 2011.

Mabanee Company was established in 1964 and was listed in KSE in 1999 with the capital of KD 50.5 million.

The company focuses its activities in the real-estate sector in Kuwait and abroad.

 






  MENA News Headlines
May 20 2013Dubai's DEWA launches USD29m substation ,MENAFN
(MENAFN) Dubai Electricity and Water Authority (DEWA) MD and CEO, HE Saeed Al Tayer, announced that the utility has opened a substation in Dubai Marina valued at USD29 million, reported Arabian ...

May 20 2013Strong foundation for a thriving 'Medical Tourism' industry in UAE ,MENAFN Press
(MENAFN Press) Dubai, UAE: The UAE is currently witnessing progress in the global medical tourism industry today. Being a melting pot of cultures and located only a few hours away from one third ...

May 20 2013Saudia to start flights to LA, Toronto ,MENAFN
(MENAFN) Saudia's deputy director general, Abdul Aziz Al-Hazmi, announced that the Kingdom's national carrier will add Los Angeles and Toronto to its North American network, reported Arabian ...

May 20 2013Indonesia names new finance minister ,AFP
(MENAFN - AFP) Indonesia's president on Monday named the country's investment chief as the new finance minister, putting him in charge of Southeast Asia's top economy at a time of major ...

May 20 2013EU, China have 'much to lose' in case of trade war ,AFP
(MENAFN - AFP) The latest tit-for-tat EU-China trade disputes could signal worse to come but both sides have a lot to lose if things get out of hand and harm the much-needed economic growth they ...

May 20 2013Yahoo! to buy blog-maker Tumblr for $1.1 bn ,AFP
(MENAFN - AFP) Yahoo!'s board has approved a deal to purchase the popular blogging platform Tumblr for $1.1 billion in cash, The Wall Street Journal reported. The deal, if confirmed, would be the ...

May 20 2013Britain's Cameron makes personal plea to tax havens ,AFP
(MENAFN - AFP) British Prime Minister David Cameron on Monday wrote to leaders of oversees tax havens, urging them to help the country's efforts to combat tax evasion and avoidance. Cameron sent a ...

May 20 2013Danone strikes deals to meet China's taste for yogurt ,AFP
(MENAFN - AFP) French food industry group Danone is ramping up its presence in the growing Chinese market for dairy products with two deals on Monday to tap sales of yogurt and health foods, the ...

May 20 2013H&M mulling production in S. America, Africa: CEO ,AFP
(MENAFN - AFP) Swedish fashion giant H&M is considering starting production in South America and Africa, chief executive Karl-Johan Persson told the Financial Times in an interview published on ...

May 20 2013Alzheimer's leaves bilingual victims stranded in Canada ,AFP
(MENAFN - AFP) The devastating effect of Alzheimer's disease on bilingual people has been thrown into focus in Canada, where the sudden loss of a second language can leave sufferers feeling like ...

more...


 
MENAFN






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
Marketwatch News
UPI News
Comtex News

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