NIC's profits top KD 9.6 mln in 9 months

30/03/2015 06:44 AST

The National Industries Company (NIC) said Wednesday it secured KD 9.6 million in profits in the first three quarters of 2014 with per share dividends amounting to 7.3 fils.

NIC's profits and dividends in the corresponding period of the previous year hit KD 10.4 and 7.9 fils respectively (a Kuwaiti dinar is worth USD 3.42).

The total value of shareholder dividends in the nine months ending on September 30, 2014, topped KD 471 million compared to KD 389.4 million in the corresponding period of 2013, according to a NIC statement posted on Kuwait Stock Exchange (KSE).

The value of NIC's assets hit KD 1.43 billion while its commitments amounted in value to KD 802.4 million in the first nine months of the year compared with KD 807 million in the corresponding period of 2013.

Founded in 1960, NIC is one of the leading companies in the Middle East specialized in manufacturing and marketing building materials and infrastructure products; it owns several industrial and financial companies in the Middle East, Europe and North America and operates 16 production plants and two quarries.


KUNA

News

National Industries to launch $358 million financing

21/05/2012

Kuwait's National Industries Group Holding (NIG) said on Sunday it has appointed banks to raise more than 100 million Kuwaiti dinars (358 million US dollars) in a Shariah-compliant syndicated loan.

Al Watan

National Industries Reports First-Quarter Profit After Loss

09/05/2010

National Industries Group, the largest industrial investment company in Kuwait, reported a first- quarter profit of 4.7 million dinars ($16 million).

The company had a loss of 36.6 millio

Bloomberg

Most Viewed Companies

Ticker Price Volume

Valuation

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

Top Related Companies

Ticker Price Change
ALPHADHABI 9.39 0.03 (0.32%)
MODON 3.40 0.03 (0.89%)
SALIK 6.00 0.05 (0.84%)
ADNOCLS 5.75 0.05 (0.87%)
ADPORTS 4.49 -0.01 (-0.23%)

Recent News

Gulf Bank launches Concierge App in collaboration with Peacock Concierge

06/03/2026

As part of its ongoing commitment to delivering innovative digital solutions that enhance customers' lifestyles, Gulf Bank has launched its new Concierge App in strategic collaboration with Peacock C

Kuwait Times

Union Properties joins Massachusetts institute's industrial liaison programme

06/03/2026

Union Properties, one of the UAE's leading master developers, said it has entered into a membership agreement with the Massachusetts Institute of Technology (MIT) through its globally recognised Indu

Trade Arabia

Emirates NBD waives ATM withdrawal and debit card fees across UAE and GCC

06/03/2026

Emirates NBD has waived a range of banking fees for customers across the UAE and the wider Gulf, making cash and card services easier to access during a period of heightened regional uncertainty.

Gulfnews

2PointZero buys majority stake in Italian packaging group ISEM for $192m

06/03/2026

2PointZero Group, a next-generation investment powerhouse focused on energy and consumer sectors, has announced that it has formally completed the transaction to acquire a majority position in ISEM,

Trade Arabia

SAL agrees $30m Aviapartner Liege acquisition to expand into Europe

06/03/2026

SAL Saudi Logistics Services Co. has agreed to acquire Belgium-based Aviapartner Liege SA for ?28 million ($30.3 million), giving the Saudi logistics firm a foothold at one of Europe's major air carg

Arab News

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