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 12.02 -0.10 (-0.83%)
TADAWULGROUP 133.80 0.10 (0.07%)
GFH.KW 180.00 -2.00 (-1.10%)
NIND 243.00 0.00 (0.00%)
BOURSA 3,010.00 -21.00 (-0.70%)

Recent News

OQEP, Turkish Petroleum secure Block 80 concession

25/06/2026

Oman's Ministry of Energy and Minerals on Wednesday signed an Exploration and Production Sharing Agreement (EPSA) for offshore Block 80 with OQ Exploration and Production (OQEP) - Musandam Offshore a

Muscat Daily

NBK continues to enhance its premium banking services, offers exclusive benefits

25/06/2026

In line with its commitment to meeting the aspirations of its diverse customer base and providing a comprehensive banking experience that meets the highest standards of quality and innovation, Nation

Kuwait Times

'Converting to a Sustainable Path': GBK achieves significant reduction in carbon emissions in 2025

25/06/2026

Mnakh Research & Studies highlighted a number of notable achievements featured in Gulf Bank's 2025 ESG Report, titled "Converting to a Sustainable Path." The report covers the Bank's operations in Ku

Kuwait Times

Zain showcases expertise to support leadership growth in Kuwait oil sector

25/06/2026

Zain Kuwait held a specialized training program titled 'Executive Pitching & Innovation Tools for Strategic Problem-Solving' for a group of senior talent from Kuwait National Petroleum Company (KNPC)

Kuwait Times

e& unveils OneWork for secure sovereign collaboration in the UAE

25/06/2026

e& UAE, the flagship telecom arm of global technology group e&, has announced the launch of OneWork, a fully sovereign, cloud-based unified communication and collaboration platform built within the U

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