Alrai Media Group Co K.S.C

Mubasher: The ordinary general meeting (OGM) of Alrai Media Group decided not to distribute cash dividends to shareholders for fiscal year (FY) ended on 31 December 2019. Meanwhile, the extraordinary general meeting (EGM) approved to continue the …

Mubasher: Boursa Kuwait announced the suspension of trading on Alrai Media Group’s stock as accumulated losses reached over 81%. The decision is subject to the rules of the Kuwaiti stock exchange, which allows it to suspend trading on a company’s …

Mubasher: Net losses of Alrai Media Group retreated by 83.3% to reach KWD 3.54 million ($11.58 million) by 2019 year-end, compared to KWD 21.18 million ($69.26 million) in 2018. In the fourth quarter (Q4) of last year, losses shrank by 84.7% to …

Mubasher: Alrai Media Group posted a shrink of 70.5% in profits during the second quarter of 2019, compared to the same period last year. Profits stood at nearly KWD 192,170 ($632,820) in Q2-19, compared to about KWD 650,880 ($2.14 million) in …

Mubasher: Kuwait-based Alrai Media Group turned to losses during the first quarter of 2019, against posting a profit in the year-ago period. The group incurred a loss of KWD 103,070 ($340,000) in Q1-19, against generating KWD 262,940 ($867,400) in …

Mubasher: Alrai Media Group will hold its ordinary general meeting (OGM) on Wednesday, 7 November, to consider the board’s recommendation of withdrawing from Boursa Kuwait. Alrai noted that no financial impact will currently reflect on the …

Mubasher: The board members of Alrai Media Group will hold a meeting on Thursday, 6 September, to consider the voluntary withdrawal from Boursa Kuwait, according to a bourse statement on Monday. On Monday, Alrai Media stock closed the session …

Mubasher: Alrai Media Group reported a decline of 45.3% in profits during the second quarter of 2018 compared to the same period a year ago. Earnings shrank to nearly KWD 650,880 ($2.15 million) in Q2-18 from KWD 1.19 million ($3.94 million) in …

Mubasher: The ordinary general meeting (OGM) of Alrai Media Group approved on Monday the resignation of its board members, according to a bourse statement on Tuesday. The shareholders have elected a new board of directors for the coming three …

Mubasher: Alrai Media Group profits decreased by 42% year-on-year during the first quarter of 2018, as shown by the company’s financial results. Profits totalled KWD 262,940 in Q1-18, compared with KWD 449,760 for the same period last year, the …

Mubasher: The shareholders of Alrai Media Group approved, during the ordinary general meeting (OGM) on Tuesday, the board’s recommendation to distributed 24% of the capital as cash dividends for fiscal year 2017. Alrai Media will pay 24 fils per …

Mubasher: Alrai Media Group posted a decrease of 70.7% in profits during the fourth quarter of 2017 compared to the same period in the previous year. Earnings shrank to about KWD 344,200 ($1.1 million) in Q4-17 compared to KWD 1.2 million ($3.9 …

Mubasher: Alrai Media Group announced that the board meeting on 7 December approved the extraordinary general meeting’s (EGM) decision to discuss selling the company’s stakes in the 100%-owned subsidiary, Alrai City Real Estate. No financial …

Mubasher: Alrai Media Group incurred losses in the third quarter of 2017 against a profit in the same period a year ago, according to a bourse statement issued on Tuesday. The company suffered a loss of KWD 143,000 ($747,150) in Q3-17 versus …

Kuwait – Mubasher: Alrai Media Group posted a 25.2% year-on-year fall in profits for the second quarter of 2017, according to a bourse filing. The Kuwait-listed company achieved profits of KWD 1.19 million ($3.93 million) in Q2-17 against KWD 1.59 …

Kuwait – Mubasher: The stock of Alrai Media Group on Tuesday fell by 4.55% to reach 126 fils, which is the lowest level in two years. By 10:20 am Kuwait time, the stock posted a turnover of about KWD 9,400 after 75,000 shares were traded through …

Kuwait - Mubasher: Alrai Media Group posted a drop of 66.7% in profits during the first quarter of 2017 compared to the same period in 2016. Earnings declined to about KWD 449,760 ($1.47 million) in Q1-16 from KWD 1.35 million ($4.41 million) in …

Mubasher: The ordinary general meeting (OGM) of Alrai Media Group approved distributing 20% of capital as cash dividends for fiscal year 2016. The company will pay 20 fils per share to the entitled shareholders for the fiscal year, according to a …

Mubasher: Alrai Media Group posted a decline of 26.4% in profits during the fourth quarter this year as compared to the same period a year ago. Earnings decreased to KWD 1.17 million ($3.83 million) in Q4-16 from KWD 1.59 million ($5.21 million) …

By: Mohamed Farouk Kuwait – Mubasher: Financial results of 14 companies listed on the Kuwait Stock Exchange's (KSE) consumer services sector showed a combined profit year-on-year growth of 7% in the third quarter of 2016. Profits for the sector …

Kuwait – Mubasher: Alrai Media Group reported on Monday a net profit of KWD 1,280 ($4,220) for the third quarter of fiscal 2016, 99.8% down from KWD 971,520 ($3.2 million) for Q3-15. Net profit for the first nine months of 2016 declined 37.7% to …

Kuwait – Mubasher: Alrai Media Group has purchased a property in the free trade zone with an overall value of KWD 4.22 million. The financial impact from this purchase deal will be an increase in Alrai’s assets starting from the third quarter of …

Kuwait – Mubasher: Alrai Media Group’s profits for the second quarter of 2016 declined 23.9% year-on-year to KWD 1.59 million ($5.25 million) from KWD 2.09 million ($6.9 million), according to a bourse filing. This downfall is driven by the local …

Kuwait-Mubasher: Alrai Media Group posted an 18.7% decline in Q1 profits of 2016 as compared to the same period in the previous year. The company’s Q1 earnings reached KWD 1.35 million ($4.47 million) as compared to KWD 1.66 million ($5.5 million) …

Kuwait-Mubasher: Alrai Media Group said its ordinary general meeting has raised the cash dividends it earlier set at 15% of par value for FY 2015 by 5%. Alrai will pay 15% cash dividends or 15 fils per share to shareholders During the fiscal year …