Kuwait Cement’s 2006 net profit up 6.9 per cent

Kuwait Cement’s 2006 net profit up 6.9 per cent
Published: 15 February 2007

Kuwait Cement Co. posted a 2006 full-year net profit of KWD40.3m (US$139.3m), up 6.9   from the previous year. 
 
The company’s board proposed a cash dividend of 60 fils and a bonus share issue of 10 percent, the company said in a statement on the bourse Web site on Wednesday. There are 1,000 fils to a dinar. 
 
Earnings per share rose to 94.01 fils from 87.67 fils. 
 
Kuwait Cement said the annual earnings include "unrealised profits" of 8.7 million dinars representing an increase in the value of investments.