Quotes: MENA   Enter Symbol: NewsLetter: Search: advanced

Kuwait- Noor Posts Net Profit Of KD 9.05 Mln In '13  Join our daily free Newsletter

MENAFN - Arab Times - 29/03/2014
No. of Ratings : 0
Add to Mixx!


(MENAFN - Arab News) Noor Financial Investment Company declared its results for the year 2013 achieving a net profit of KD 9.05 million (Earnings per Share of 24.71fils)representing a growth of 100% compared to the net profit of KD 4.52 million (Earnings per Share of 12.34fils) last year. Abdullatif Al Asfour, Noor's Chairman and Managing Director, said that these results were achieved through the implementation of the Company's strategic plan. The company has repaidpart of its liabilities to the banks and reduced the debt over the past year in line with the approved restructuring plan. Al Asfour also declared that the company's board has proposed 10% bonus shares distribution on outstanding shares for the year 2013 subject to obtaining approval of the relevant authorities and the General Assembly of the company



The Kuwait Stock Exchange Company announces that the Board of Directors of National Real Estate Company met on Wednesday 26/3/2014, and approved the annual financial statements of the company for the year ended 31/12.2013 as follows

Particulars 31/12/2013 31/12/201

Profit (loss) (KD) 15,346,157 7,831,61

EPS (fils) 18.86 9.6

Total current assets 38,077,463 42,298,49

Total assets 522,031,570 512,652,93

Total current liabilities 163,627,013 114,987,74

Total liabilities 322,776,437 322,207,62

Total shareholders' equity 199,255,133 190,445,30

The total revenue from transactions with related parties is worth KD 916,671

The total expenses from transactions with related parties is worth KD 62,98

The Board of Directors has recommended the distribution of bonus shares of 5 percent of paid-up capital (5 shares for every 100 shares) for the year ended 31.12.201

Note that these recommendations are subject to approval by the General Assembly and the competent authorities





The Kuwait Stock Exchange Company announces that the Board of Directors ACICO Industries met on Wednesday 26/3/2014, and approved the annual financial statements of the compy for the year ended 31.12.2013 as follows


Particulars 31/12/2013 31/12/201

Profit (loss) (KD) 6,413,542 2,641,38

EPS (fils) 25.88 10.6

Total current assets 21,915,291 22,440,11

Total assets 250, 378,266 242,445,23

Total current liabilities 20,557,402 20,218,93

Total liabilities 161,689,006 158,882,25

Total shareholders' equity 84,199,873 79,487,23

The total revenue from transactions with related parties is worth KD 0.00

The total expenses from transactions with related parties is worth KD 186,577

The Board of Directors has recommended distributions cash dividend of 10 percent of the nominal value of shares i.e. 10 fils per share and distribution of bonus shares of 5 percent of paid-up capital 5 shares for every 100 shares for the year ended 31.12.201

Note that these recommendations are subject to approval by the General Assembly and the competent authorities



The Kuwait Stock Exchange Company announces that the Board of Directors of Al-Argan International Real Estate Co. met on Wednesday 26/3/2014, and approved the annual financial statements of the company for the year ended 31.12.2013 as follows

Particulars 31/12/2013 31/12/201

Profit (loss) (KD) 3,864,390 4,378,37

EPS (fils) 15.08 17.0

Total current assets 40,496,904 32,281,16

Total assets 142,754,899 127,306,93

Total current liabilities 23,754,623 19,287,68

Total liabilities 71,648,887 58,200,21

Total shareholders' equity 71,106,012 69,106,72

The total revenue from transactions with related parties is worth KD 570,74

The total expenses from transactions with related parties is worth KD 437,607

The Board of Directors has recommended distributions of cash dividend of 7 percent of the nominal value of the shares i.e. 7 fils per share for the year ended 31.12.201

Note that these recommendations are subject to approval by the General Assembly and the competent authorities

 


Arab Times




  MENA News Headlines
 Dec 10 2016 - Stress And Pain Reliever Hot Oil Massage In ManamaMENAFN Press
(MENAFN Press) MANAMA, BAHRAIN (December 09, 2016) - Our everyday life is full of stress and pressure, and people do not have the power to remove all the stress forever. People get a sandwich ...

 Dec 10 2016 - Saudi Oger debt plan hit by other creditor court movesMENAFN
(MENAFN) Sources said Saudi Oger's attempt to restructure around 13 billion riyals (USD3.5 billion) in debts have been dealt another blow after a second major creditor obtained a court order ...

 Dec 10 2016 - Qatar�s Dukhan project to be completed 95%MENAFN
(MENAFN) The Public Works Authority (Ashghal) announced completion of 95% of the project, the Dukhan Highway Central project will partly open to traffic from tomorrow, providing one-way exit to the ...

 Dec 10 2016 - Jordan to launch anti-corruption strategy for 2017-2025MENAFN
(MENAFN) According to the Jordan News Agency, Petra, Jordanian Prime Minister launched the "National Strategy for Integrity and Anti-Corruption 2017-2025", in pursuit of a national environment where ...

 Dec 10 2016 - Death of five in car crash: Court sentences three year jail and fineGulf Times
(MENAFN - Gulf Times) A Doha Criminal Court has sentenced a young man to three years in jail and imposed a fine of QR18,000 on him for reckless driving without a valid driving license, causing the ...

 Dec 10 2016 - Boating, water sports enthusiasts flock to QIBSGulf Times
(MENAFN - Gulf Times) The 2016 Qatar International Boat Show (QIBS'16), which concludes on Saturday, has been attracting both boating and water sports enthusiasts with a range of luxury boats, yachts ...

 Dec 10 2016 - Enter the winter: Room heaters, warm clothing sales pick upGulf Times
(MENAFN - Gulf Times) The demand for winter clothes and room heaters has started picking up in stores and hypermarkets as Qatar's residents start to feel the chill, especially at night, it is learnt. ...

 Dec 10 2016 - Qatar- HBKU to host information sessions for graduate studentsGulf Times
(MENAFN - Gulf Times) Hamad Bin Khalifa University (HBKU) will host a series of information sessions across its colleges from tomorrow until December 14. The graduate information sessions will ...

 Dec 10 2016 - Qatar- Strong winds, low visibility on SaturdayGulf Times
(MENAFN - Gulf Times) Strong winds are expected in most parts of the country on Saturday along with low visibility in some places and a cold night, the Qatar Met department has said. The weather ...

 Dec 10 2016 - Al-Muraikhi made UN humanitarian envoyGulf Times
(MENAFN - Gulf Times) Al-Muraikhi made UN humanitarian envoy QNA/New York UN Secretary General Ban Ki-moon on Thursday announced the appointment of Dr Ahmed bin Mohammed al-Muraikhi of Qatar as his ...

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

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