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18/08/2013 07:42 AST
KCIC, which specializes in investments in domestic demand-driven sectors in Asia, registered a net profit of KD940,250 for the second quarter of 2013, bringing the company's earnings for the first half of 2013 to KD1.12 million. KCIC registered in Q2 earnings per share of 1.32 fils and a return on equity of 1.04 percent.
Total revenues for the second quarter reached KD3.23 million, which resulted in total revenues of KD4.52 million for the first half of the year, a 5.85 percent increase in comparison to the first half of last year when the company reported revenues of KD4.27 million. KCIC Vice Chairman and CEO Ahmad Abdlatif Al-Hamad said "although the first half of the year witnessed increasing volatility and high uncertainty in global economies and in turn global markets, KCIC remains committed to maintain its focus on high quality investment opportunities in robust businesses across the region. As a testament to this, we managed to complete a funding round for one of our flagship investments during one of the most difficult fund-raising periods. We remain optimistic that Asia will continue to evolve towards establishing its internal markets which will transform their economies to a more sustainable growth model."
Listed on the Kuwait Stock Exchange, KCIC invests in domestic demand-driven sectors in Asia, namely energy, real estate, healthcare, infrastructure, and financial services.
Saudi Gazette
11/03/2014
KCIC, which specializes in investments in domestic demand-driven sectors in Asia, has announced a net profit of KWD 1.03 million for the year 2013, with an earnings per share of 1.30 fils and a retur
CPI Financial
16/08/2013
KCIC, which specialises in investments in domestic demand-driven sectors in Asia, today announced a net profit of KWD 940,250 for the second quarter of 2013, bringing the company's earnings for the f
CPI Financial
26/05/2012
The KCIC (Kuwait China Investment Company) an investment firm specializing in investments in Asia, held on Thursday its Annual General Meeting of shareholders at the company's headquarters in Kuwait
Arab Times
| Ticker | Price | Volume |
|---|
| Ticker | Price | Change |
|---|---|---|
| OSOUL | 204.00 | 20.00 (10.86 |
| BAYANINV | 56.00 | -1.00 (-1.76 |
| GFC | 142.00 | -7.00 (-4.70 |
| KINGDOM | 8.38 | 0.23 (2.82 |
| TADAWULGROUP | 172.40 | 9.60 (5.89 |
25/06/2025
Burgan Bank announced the appointment of Mohammed Al-Roomi as Deputy General Manager of Information and Cyber Security Management. This strategic appointment reflects the Bank's unwavering dedication
Kuwait Times
25/06/2025
In line with its commitment to enriching its customers' banking experience and providing the best innovative digital services that meet their needs, the National Bank of Kuwait announced the launch o
Kuwait Times
25/06/2025
Zain Omantel International (ZOI), the joint venture between Zain Group and Omantel, has earned four prestigious international awards - underscoring its position as a connectivity powerhouse in the re
Kuwait Times
25/06/2025
Al Mal Capital REIT, the first REIT listed on the Dubai Financial Market (DFM), on Tuesday announced a follow-on public offering (FPO) on its closed ended Real Estate Investment Trust (REIT).
Khaleej Times
24/06/2025
Integrating digital technologies is set to increase Saudi Arabia's industrial productivity by 15 to 25 percent, according to Aramco President and CEO Amin Nasser.
Speaking during the Saudi
Arab News
Financial Information Co.
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