Cement News tagged under: Kuwait Portland Cement

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Kuwait Portland Cement full-year net profit up slightly

18 February 2014, Published under Cement News

Cement trader Kuwait Portland Cement said in a bourse statement today its net profit stood at KWD7.85m (US$27.8m) for 2013, slightly up from KWD7.28m in the previous year. Earnings per share (EPS) increased to 86.4 fils from 80.1 fils. Kuwait Portland Cement said total assets declined to KWD 74m at end-2013 from KWD72.1m a year earlier. The board of directors proposed an 85 per cent cash dividend for 2013, equal to 85 fils per share.

Kuwait Portland Cement net profit surges

07 May 2013, Published under Cement News

Kuwait Portland Cement said its net profit surged to KWD3.2m (US$11.3m) in the first quarter of 2013 from KWD2.3m a year ago, the trader said in a bourse statement. Earnings per share (EPS) rose to 34.69 fils from 24.8 fils. Total assets stood at KWD 80.2m at end the end of March 2013, up from KWD75.3m a year earlier. Kuwait Portland Cement Co. is engaged in import of bulk cement and supply in the local markets. It has a 60,000t silo from which it distributes imported cement.

Kuwait Portland Cement net profit surges

07 August 2012, Published under Cement News

Cement trader Kuwait Portland Cement said in a bourse statement yesterday its net profit surged to KWD4.74m (US$16.8m) in the first half of 2012 from KWD1.11m a year ago. The earnings per share (EPS) rose to 52.2 fils from 12.2 fils. For the second quarter of 2012, the company booked a net profit of KWD2.48m, an increase from KWD1.78m in the same period last year. Total assets stood at KWD69.8m at end-June 2012, down from KWD73.3m a year earlier.

Kuwait Portland Cement 2011 net drops

23 February 2012, Published under Cement News

Kuwait Portland Cement has reported a net drop in profit to KWD2.54m (US$9.1m) for 2011 from KWD22.3m in 2010. The company did not disclose reasons for this decline. Earnings per share (EPS) decreased to 27.9 fils from 245.2 fils. The company said total assets stood at KWD68.2m by the end of 2011, down from KWD85.4m a year earlier. The board of directors proposed a 65 per cent cash dividend for 2011, equal to 65 fils/share.