Cement News tagged under: Kuwait Cement Co
Kuwait Cement reports a 59% fall in quarterly profit22 March 2024, Published under Cement NewsKuwait Cement Co KSC has reported a 59.3 per cent drop in quarterly net profit from KWD2.7m (US$8.8m) to KWD1.1m between January 1 to 31 March 2024. The company's quarterly operating revenue fell 10.6 per cent to KWD18.5m, compared to KWD20.7m in the same quarter of 2023. |
Kuwait Cement Co proposes AF initiative25 June 2019, Published under Cement NewsKuwait Cement Co has proposed an initiative for the government to co-process municipal solid waste (MSW) at its plant in eastern Shuaiba to ease the issue of growing waste in the country. Meshal Al-Rashed, executive vice-chairman of Kuwait Cement Co, has requested the chairman of the municipal council to present the company’s solution to the Environment Committee, according to Al-Qabas. Mr Al-Rashed noted that the company is the only one in the country with the facilities to burn MSW in a ... |
Kuwait Cement FY16 profit up to KWD19.5m17 March 2017, Published under Cement NewsKuwait Cement reported a modest increase of its full-year profit from KWD19.3m (US$63.2m) in FY15 to KWD19.5m in FY16. The company’s total operating revenue advanced from KWD92.2m in FY15 to KWD98.6m in FY16. |
Kuwait Cement profit rises 16.3% YoY26 March 2014, Published under Cement NewsKuwait Cement Co (KCC) announced profits of KWD17.1m (US$60.7m) with earnings per share (EPS) at 26.1 fils for 2013, compared to a net profit of KWD14.7m and EPS of 23.7 fils in 2012. KCC said in statement on the website of Kuwait Stock Exchange (KSE) yesterday that the company's board of directors recommended the distribution of 18 per cent cash of the fiscal year ended in December 2013.? Shareholder equity reached KWD194m in 2013, compared to shareholder equity of KWD151.6m in 2012, wit... |
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