Al-Mazaya Holding held a general assembly Thursday. During the event, the Chairman of the Board of Directors Rashid Al-Nafeesi said 2011 was a year of achievements the company was looking for and stressed the coming years will see the company grow in all spheres.
He pointed out the assets of the company reached KD 261.7 million, in addition to that the equity of shareholders reached KD 81.6 million, and the total indebtedness of the company was KD 53.97 million, meaning it did not cross 21 percent of the company’s assets and 62 percent of the shareholders’ equity.
He also said the company devoted every possible means to maintain its relative stability, in addition either the revenues of other companies or its market price affected its real performance and its ability to progress and continue.
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