KCIC reports KWD 1.12 million in profit for H1 2013

16/08/2013 07:48 AST

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 first half of 2013 to KWD 1.12 million.

"KCIC registered in Q2 earnings per share of 1.32 fils and a return on equity of 1.04 per cent," said a media statement. "Total revenues for the second quarter reached KWD 3.23 million, which resulted in total revenues of KWD 4.52 million for the first half of the year, a 5.85 per cent increase in comparison to the first half of last year when the company reported revenues of KWD 4.27 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."


CPI Financial

News

KCIC reports KWD 1.03 million in profit for 2013

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

KCIC's net expands in H1 2013

18/08/2013

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 ha

Saudi Gazette

2011 marked by volatile markets, political instability

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

Most Viewed Companies

Ticker Price Volume

Valuation

ASIYA Sector Market
P/E
Price/BookValue
Dividend Yield (%)

Momentum

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

Top Related Companies

Ticker Price Change
KINGDOM 9.68 -0.25 (-2.52%)
TADAWULGROUP 138.60 -0.10 (-0.08%)
GFH.KW 173.00 3.00 (1.76%)
NIND 236.00 1.00 (0.42%)
BOURSA 2,771.00 45.00 (1.65%)

Recent News

Doha Bank shareholders approve distribution of 15% cash dividends

05/04/2026

Shareholders of Doha Bank have approved the board of directors' recommendation to distribute cash dividends of QR0.15 per share, equivalent to 15% of the nominal value, Doha Bank chairman Sheikh Faha

Gulf Times

Alramz in deal to build 900-unit integrated community in Jeddah

05/04/2026

Saudi-based Al Ramz Real Estate Company has announced the signing of an agreement for the establishment of a shariah-compliant real estate investment fund, to be managed by Oud Capital (the Fund Mana

Trade Arabia

Jazeera Airways launches three new flights to Indian sub-continent

05/04/2026

Kuwait's leading low-cost carrier Jazeera Airways has announced the launch of flights to three new destinations in the Indian sub-continent - Peshawar and Sialkot in Pakistan, and the South Indian ci

Trade Arabia

NBK - Egypt secures $50 million facility to finance MSMEs in Egypt

03/04/2026

National Bank of Kuwait - Egypt has secured a $50 million financing package from the European Bank for Reconstruction and Development (EBRD), supported by the European Union (EU), to expand access to

Kuwait Times

ADIB strengthens tie-up with Jubail Investment Company to deliver major project

03/04/2026

Abu Dhabi Islamic Bank (ADIB), a leading Islamic financial institution, has reaffirmed its role as a key enabler of large-scale real estate development through its strategic partnership with Jubail I

Trade Arabia

logo

Financial Information Co.

Saudi Arabia

GCC Markets

Mutual Funds

News

Investment Tools

Sector News

Screeners

Indices & Commodities

Downloads

Copyright ©2001 - 2025, Financial Information Co. All Rights Reserved.

Terms of Services | Privacy Policy | Advertise with us | Contact Us | Sitemap