Kuwait Cement profit rise

Kuwait Cement profit rise
Published: 01 March 2004

Kuwait Cement Co posted a net 2003 profit of 19.56 million Kuwaiti dinars (US$66.5m) on Sunday, up 69 per cent from the 11.6 million dinars earned in 2002.
The Kuwait Stock Exchange said in a profit report that the cement-makers’ earnings per share climbed to 52.06 fils in 2003 from 30.92 fils in the previous year. The company’s board recommended a cash dividend of 25 fils per share.