Cement News tagged under: Kuwait Portland Cement Co
Kuwait Portland Cement 3Q profit down 75%12 November 2019, Published under Cement NewsKuwait Portland Cement Co reported a 75 per cent decline in net profit in the third quarter of 2019. The company achieved profits of KWD605,600 (US$2m) in the 3Q19, compared with KWD2.42m (US$7.98m) in the 3Q18, Mubasher reports. In the first nine months of 2019 there was a 21 per cent drop in profit to KWD6.18m, from KWD7.82m in the previous-year period. |
Kuwait Portland Cement sees 12% profit rise in 201812 April 2019, Published under Cement NewsKuwait Portland Cement Co recorded a net profit of KWD2.49m (US$8.2m) in the 4Q18. This represents a 150 per cent YoY advance when compared with KWD997,000 (US$3.2m) in the same period of 2017. In 2018, the company achieved a 12 per cent rise in earnings to KWD10.3m from KWD9.19m in 2017, according to a bourse filing. Operating income expanded by 4.3 per cent YoY to KWD8.87m from KWD8.5m in 2017. |
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