Sector News

Mubasher: Advanced Technology (ATC) was awarded a tender offered by the health ministry of Kuwait, according to Al Qabas Newspaper. ATC was ranked the fourth among lowest bids, with a total value of KWD 2.935 million, the newspaper added. The …

Mubasher: Boursa Kuwait on Tuesday resumed trading on Yiaco Medical’s stock after the company posted its results for the third quarter of 2017. In a separate statement, Yiaco Medical said it logged KWD 482,100 ($1.6 million) in losses between July …

Mubasher: Kuwait-based Yiaco Medical has incurred higher losses by 353% during the first six months of 2017 compared to the same period a year ago. Losses deepened to KWD 8.47 million ($28.1 million) in H1 this year from KWD 1.87 million ($6.2 …

Mubasher: Advanced Technology (ATC) has signed a contract with Impresa Pizzarotti and the public works ministry at a total value of KWD 41.92 million. The contract has a duration period of four years, according to a bourse statement issued on …

Mubasher: Boursa Kuwait on Monday has suspended trading on Yiaco Medical’s stock, following the ordinary general meeting (OGM) on Sunday, until the income statements are approved. The shareholders have disapproved the financial statements of …

Mubasher: Advanced Technology Company (ATC) reported a growth of 16.5% in profits during the second quarter of 2017 compared to the same period a year ago. Earnings rose to KWD 1.2 million ($3.97 million) in Q2-17 from KWD 1.03 million ($3.41 …

  Kuwait – Mubasher: Yiaco Medical on Monday reported a profit of KWD 277,700 ($924,400) in the first three months of 2016, down 54.5% year-on-year from KWD 611,100 ($2.03 million). The profit decline was due to higher expenses in the cost of …

Advanced Technology Company’s (ATC) earnings grew 4.6% in the first quarter of 2015, rising to KWD 1.15 million ($3.79 million) from KWD 1.10 million ($3.63 million) in the same quarter of 2014.ATC’s earnings per share inched up to 7.69 fils in …

Salbookh Trading and Yiaco Medical will hold their ordinary general meeting on 19 and 20 May respectively to review the board’s recommendation of withholding dividends of the fiscal year 2014, according to a bourse filing.Salbookh will also elect …

Advanced Technology (ATC) signed a contract with Mohamed Abdulmohsin Al-Kharafi and Sons Company for KWD 85 million to supply medical equipment to Jahra Hospital, with duration of three years excluding the maintenance period.ATC received a KWD …

Shareholders of eight companies listed on Kuwait Stock Exchange are awaiting major events to take place on 28 April, as Tamdeen Investment’s ordinary general meeting (OGM) will discuss the board’s proposal of paying 10 fils a share to investors …

Advanced Technology’s ordinary general meeting agreed to pay 15 fils per share for the fiscal year 2014.The company recorded a growth of 2.8% in its earnings of the fiscal year 2014, posting KWD 4.42 million ($14.72 million) compared to KWD 4.30 …

Shareholders of eight companies listed on KSE are anticipating major events on 23 April, as National Industries’ ordinary general meeting (OGM) will consider the board’s proposal of paying a cash dividend of 15% or 15 fils per share for the fiscal …