Published On: Tue, Nov 18th, 2014

Noor Co. posts KD 3.9 mln profit for 9 months

Noor Co. posts KD 3.9 mln profit for 9 months

Noor Co. posts KD 3.9 mln profit for 9 months

Noor Financial Investment Company on Monday announced a net profit of KD 3.9 million in the first nine months of this year, indicating the earnings per share reached 9.9 fils, compared with 17.7 fils in the same period of 2013.
The company stated that the net profit in the same period of 2013 reached KD 7.11 million.
In its statement published on the website of Kuwait Stock Exchange, the company said that shareholders’ equity totaled KD 53.5 million from January to September 2014, compared with KD 45.9 million in the same period of 2013.
The company’s total assets hit KD 200.3 million, the statement added, noting the liabilities reached KD 133 million in the first nine months of 2014, compared with KD 134.9 in the same months of 2013. Established in 1996 and enlisted in KSE in 2006 with a paid-up capital of KD 41.3 million, Noor Financial Investment Company provides financial consultations and trades in international and domestic financial securities in addition to other activities.

Source : KUNA Kuwait News agency

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