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Three firms to tackle financials today

Three firms to tackle financials today
Photo Credit: Arabianeye-Reuters
STC
STC
0.00% 546.00 0.00
TAHSSILAT
TAHSSILAT
-2.91% 40.00 -1.20
ALRAI
ALRAI
-8.93% 25.50 -2.50

Kuwait – Mubasher: The Boards of three firms listed on the Kuwait Stock Exchange (KSE) are scheduled to meet today, Thursday, January 29, 2015, to tackle their respective financials for the fiscal year ending December 31, 2014.

Kuwait Telecommunication Company (VIVA) is set to convene at 12:30 pm today, followed by both Alrai Media Group and Credit Rating and Collection Company (TAHSSILAT) at 1:00 pm.

It is worth noting that a total of 12 companies have announced their financials for FY14 to-date, with annual profits estimated at around KWD 369.9 million ($1.34 billion) against KWD 375.6 million in FY 13, registering a profit increase by 5.7%.