Please wait...
GulfBase Live Support
- Bahrain All Share Index, Islamic Index close higher
- CBB Government Development Bond issue 39 oversubscribed by 308%
- Closing Bell: TASI closes in green at 11,764
- Qatar, Germany discuss mutual investments to strengthen ties
- Al Ahlia wins contract to build largest Merc-Benz facility in Kuwait
- Quarterly earnings announcements, tariff hold support stock market's rise: financial analyst
- Gold rebounds on dip buying despite US-China trade deal hopes
- China says US should revoke unilateral tariffs, denies talks
- Saudi Awwal Bank signs SR2 billion credit facility with Saudi Binladin Group
- World Bank forecasts MENA growth at 2.6% in 2025, 3.7% in 2026
09/11/2017 05:20 AST
National Petroleum Services Company (NAPESCO) announced on Tuesday that its net profit was totaling KD 7.9 million (around $25.8 million) during the first nine months of 2017, compared to KD 5.7 million during the same period in 2016, an increase of 39.7 percent.
NAPESCO announced today on Boursa Kuwait, which formally assumed responsibility for Kuwait's stock market operations on 25 April 2016, official website that the net income per share of the first nine months of 2017 reached 82.3 fils, compared to 58.9 fils of the same period in 2016, with rise by 37.9 percent.
The positive results are reached thanks to the increase in the operational activity, indicating the absence of revenues and expenses from related transactions during the mentioned period, NAPESCO added.
National Petroleum Services Company (NAPESCO) was founded in 1993 as a private company offering pumping services to the Kuwait Energy Sector.
NAPESCO has established itself as a leading provider of Upstream Oilfield Services including Cementing, Stimulation, Coiled Tubing, Nitrogen, and Downhole Service Tools. Since 2003 NAPESCO has been a publicly traded company listed on the Kuwait Stock Exchange. In 2006 the company expanded its business operations with the region through additional capital investments, facility expansion, further diversification of business activities and the start of International Operations.
Arab Times
11/03/2009
National Petroleum Services Co. KSDCC, a Kuwait-based oil-service company, said full-year profit in 2008 declined 87.5 percent, without giving a reason.
Net income fell to 192,774 dinars
Bloomberg
| Ticker | Price | Volume |
|---|
| Ticker | Price | Change |
|---|---|---|
| SAUDIARAMCO | 25.80 | 0.05 (0.19 |
| ABAR | 147.00 | 7.00 (5.00 |
| ADNOCGAS | 3.11 | -0.01 (-0.33 |
| ADNOCDRILL | 4.88 | 0.03 (0.61 |
| BAHRI | 30.10 | 0.15 (0.50 |
25/04/2025
Saudi Awwal Bank (SAB), one of the leading banks in Saudi Arabia, has signed SR2 billion credit facility agreement with the Saudi Binladin Group, a subsidiary of Binladin International Holding Group,
Saudi Gazette
24/04/2025
The Dubai-based logistics firm Aramex has confirmed a new acting CEO after Othman AlJeda, the incumbent, resigned for personal reasons.
The change at the top comes just weeks after Abu Dhabi
Gulfnews
24/04/2025
The leading UAE banks have put up some sizable growth in their Q1-2025 results, with ADIB's net profit before tax totalling Dh1.9 billion - and that's from an impressive 18% gain year-on-year.
Gulfnews
24/04/2025
Salalah Port has received five modern dual-fuel methanol-powered container vessels from Maersk's fleet, marking a significant milestone in the port's infrastructure development and readiness to accom
Times of Oman
24/04/2025
QNB has launched a new campaign, aimed at rewarding customers to use their QNB Mastercard debit cards for everyday purchases.
The campaign, taking place from April 24-June 24, will offer win
Gulf Times
Financial Information Co.
P.O. Box 69410, Jeddah 11547, Saudi Arabia