Quotes: MENA   Enter Symbol: NewsLetter: Search: advanced

Kuwait- Hayat Communications Co. reports 19 pct growth in profits  Join our daily free Newsletter

MENAFN - Kuwait News Agency (KUNA) - 09/04/2014
No. of Ratings : 0
Add to Mixx!



(MENAFN - Kuwait News Agency (KUNA)) Board Chairman of Hayat Communications Company (HCC) Amer Al-Yasseen said Tuesday the company''''s profits grew to KD 2.8 million in 2013 from KD 2.4 million in the previous year, reflecting a 19 percent increase

"The company managed to overcome the impacts of the global financial crisis of 2008 through cutting down the administrative costs and increasing the total profits," he told the annual General Assembly meeting

"The company seeks to enhance its efficacy, explore for new investment opportunities and strengthen relations with clients," Al-Yasseen pointed out

He said the new strategy of the company is based on a diversified portfolio of products and services, cost-effective measures, and enhanced geographical expansion

"The company proceeded from provision of infrastructure services to be a provider of specialized solutions," he said, adding that the company is implementing a new operating model which aims to generate new profits

Only 64 percent of the General Assembly members attended the ordinary session; the percentage is less than the 75 percent quorum for an extraordinary meeting

The company was listed on Kuwait Stock Exchange in 2007

 


Kuwait News Agency (KUNA)




  MENA News Headlines
 Sep 26 2016 - Saudi- Moderate quakes rattle Japan no injuries or damage reportedSaudi Press Agency
(MENAFN - Saudi Press Agency) TOKYO, 25 Dhu-AlHijjah,1437 AH, 26 September,2016 , SPA -- A pair of moderate earthquakes rattled northern and southern Japan on Monday, but there were no immediate ...

 Sep 26 2016 - Pakistan launches polio vaccination drive amid tight securitySaudi Press Agency
(MENAFN - Saudi Press Agency) Islamabad, 25 Dhu-AlHijjah,1437 AH, 26 September,2016 , SPA -- Pakistan on Monday launched a three-day national anti-polio campaign to vaccinate around 37 million ...

 Sep 26 2016 - Kuwait- His Highness the Amir Sheikh Sabah Al-Ahmad consoles Egypt on boat sinking victimsKuwait News Agency (KUNA)
(MENAFN - Kuwait News Agency (KUNA)) KUWAIT, Sept 26 (KUNA) -- His Highness the Amir Sheikh Sabah Al-Ahmad Al-Jaber Al-Sabah has addressed a cable to Egyptian President Abdel Fattah Al-Sisi ...

 Sep 26 2016 - Kuwait- KSE indexes inch down in early trades MondayKuwait News Agency (KUNA)
(MENAFN - Kuwait News Agency (KUNA)) KUWAIT, Sept 26 (KUNA) -- Main indexes of Kuwait Stock Exchange (KSE) edged down in early trades on Monday, with the benchmark losing 1.19 points and falling to ...

 Sep 26 2016 - Kuwait takes part in meeting with Asian nations to deepen cooperationKuwait News Agency (KUNA)
(MENAFN - Kuwait News Agency (KUNA)) By Abdullah Boqas KUALA LUMPUR, Sept 26 (KUNA) -- A Kuwaiti legislative delegation headed by MP Humoud Al-Hamdan is taking part the First Executive Council ...

 Sep 26 2016 - Kuwait- KUNA main news for Monday, Sept 26, 2016Kuwait News Agency (KUNA)
(MENAFN - Kuwait News Agency (KUNA)) Local: KUWAIT -- Minister of Information, Minister of State for Youth Affairs Sheikh Salman Al-Humoud Al-Sabah patronizes the media leaders conference. ...

 Sep 26 2016 - Kuwaiti motorcyclist wins competitions in U.S.Kuwait News Agency (KUNA)
(MENAFN - Kuwait News Agency (KUNA)) KUWAIT, Sept 26 (KUNA) -- The Kuwaiti motor-cyclist Muaz Al-Ansari came first in the first and second rounds of the Trans-World championship held in California, ...

 Sep 26 2016 - Kuwait- India launches eight satellites in a single missionKuwait News Agency (KUNA)
(MENAFN - Kuwait News Agency (KUNA)) NEW DELHI, Sept 26 (KUNA) -- Indian Space Research Organisation (ISRO) on Monday launched eight satellites using its Polar Satellite Launch Vehicle (PSLV C 35) ...

 Sep 26 2016 - Kuwaiti rider grabs first, second places in Aquabike World ChampionshipKuwait News Agency (KUNA)
(MENAFN - Kuwait News Agency (KUNA)) By Ahmad Al-Rifaee KUWAIT, Sept 26 (KUNA) -- Kuwaiti rider Yousef Al-Abdulrazzaq grabbed the first and second places in third round of Aquabike World ...

 Sep 26 2016 - Kuwait- Hollande vows to close Jungle refugee camp, urges British helpKuwait News Agency (KUNA)
(MENAFN - Kuwait News Agency (KUNA)) PARIS, Sept 26 (KUNA) -- French President Francois Hollande on Monday vowed to close a controversial refugee camp near the Channel port city of Calais, and he ...

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