31/01/2013 10:26 AST

Kuwait's Aref Energy Holding Co said yesterday full-year losses widened to 9.96mn Kuwaiti dinars ($35.42mn) in 2012 compared with a 5.11mn loss dinars in the previous year.

The company's fourth-quarter loss, however, narrowed sharply to about 497,000 dinars from 3.73mn dinars a year earlier, according to Zawya Dow Jones calculations and Zawya.com data.

A substantial loss in the first quarter of 2012 accounted for a major chunk of the full-year loss; Aref improved its results in the subsequent quarters of the year compared with 2011, as per Zawya data.

The company, a unit of Kuwait Finance House, said in a statement posted on the Kuwait bourse website that full-year losses per share widened to 13.3 fils from 6.8 fils in 2011.


Gulf Times

Capital Standards assigns 'BB+' to AREF Energy Holding Company

15/12/2011

Capital Standards (CSR) has assigned, on a standalone basis, a first-time Corporate Credit Rating of 'BB+' on an international scale and 'BBB+KW' on a national scale to AREF Energy Holding Company K.

Al Watan

Aref Co posts KD 10.7 million in net profits for 2010

15/03/2011

Aref Energy Holding Company (Aref Co) earned 10.7 million Kuwaiti dinars in net profits for the fiscal year (FY) that elapsed on Dec. 31, compared to KD 7.9 million in losses in 2009.

The co

KUNA

Kuwait's Aref Energy makes $60 mln profit in stake sale

10/03/2010

Kuwaiti group Aref Energy Holding Co said it sold 95 percent of its stake in a gas joint venture in Texas, making about $60 million profit.

In 2007, Aref set up DeWitt Tract Co, a fully-owne

Arab Times

Ticker Price Volume
ENERGYH Sector Market
P/E
Price/BookValue
Relative Strength
  • 1-Month
  • 3-Month
  • 1-Year
Volume Change
  • 10D Avg Vs 90D Avg
Price Vs…
  • 52-w high
  • 50-day moving avg.
  • 200-Day Moving Avg
Ticker Price Change
SAUDIARAMCO 24.84 -0.03 (-0.13%)
ABAR 213.00 -3.00 (-1.39%)
ADNOCDRILL 5.89 0.01 (0.17%)
ADNOCGAS 3.61 -0.02 (-0.56%)
BAHRI 27.64 0.14 (0.50%)
Dubizzle IPO: 5 reasons why Dubai's latest listing is expected to stand out

13/10/2025

Dubizzle Group's upcoming IPO could mark a turning point for one of the region's most recognized digital marketplace operators.

The company plans to sell 1.25 billion shares, equal to 30.34

Gulfnews

Gulf Bank wins prestigious 'Best Private Banking Customer Experience' Award

13/10/2025

In a new achievement added to its impressive track record, Gulf Bank has won the "Best Private Banking Customer Experience" award at the 2025 Private Banker International (PBI) Global Wealth Awards,

Kuwait Times

NIC holds Ordinary General Assembly to elect new Board of Directors for upcoming term

13/10/2025

The National Investments Company (NIC) held its Ordinary General Assembly meeting on Thursday, October 9, 2025, at the company's headquarters in Khaleejia Tower, with an attendance rate of 74.202 per

Kuwait Times

Burgan Bank successfully prices $500 million in international bonds

13/10/2025

In a strategic move that reflects global investors' trust, Burgan Bank KPSC has successfully priced its $500 million five-year senior unsecured international bond, with a spread of 115 basis points a

Kuwait Times

Ooredoo Group wins 1st place for AI-driven energy efficiency at 'GCC Sustainability Hackathon 2025'

13/10/2025

Ooredoo Group has won first place in the energy efficiency category at the 'GCC Sustainability Hackathon 2025', cementing its leadership in using AI to drive greener, more efficient digital infrastru

Gulf Times