Asiya Capital Investments Co (ASIYA`R)

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News

1 April 2020 09:40 AM Asiya Capital’s profits up 38% in 2019

Mubasher: Asiya Capital Investments Company reported a 38% annual increase in net profits during the fiscal year (FY) ended on 31 December 2019 at KWD 1.5 million (about $4.81 million) from KWD 1.09 million (around $3.51 million). The growth in …

Financial Results

6 November 2019 10:50 AM Asiya Capital profits drop 92% in Q3

Mubasher: Asiya Capital Investments Company reported a 91.8% decline in profits during the third quarter (Q3) of the year. The company’s financial statements showed that profits amounted to KWD 18,600 ($61,400) in Q3-19, down from KWD 3227,000 …

Company News

9 May 2019 02:15 PM Asiya Capital injects fresh $13m investment in India’s DIH

Mubasher: Asiya Capital Investments Co has boosted its investments in Duet India Hotels (DIH) with KWD 3.841 million ($12.7 million). DIH is operating in the hospitality sector in India, according to a statement to Boursa Kuwait on Thursday. Asiya …

Real estate

26 March 2019 01:12 PM Asiya Capital reports KWD 1.1m profit in 2018

Mubasher: Asiya Capital Investments Co on Tuesday announced a 93.4% year-on-year decline in losses during the fourth quarter of 2018. Asiya Capital Investments’s losses trimmed to KWD 39,000 ($128,800) in Q4-18, from KWD 592,000 ($1.96 million) in …

Financial Results

2 August 2018 00:31 PM Asiya Capital Q2 financials turn to losses; H1 earnings rise

Mubasher: Asiya Capital Investments Co incurred a loss of KWD 1.14 million ($3.77 million) in the second quarter of 2018 against profits worth about KWD 36,010 ($119,110) in the same quarter a year ago. During the first six months of 2018, profits …

Financial Results

15 May 2018 00:57 PM Asiya Capital Q1 profits surge 706%

Mubasher: Asiya Capital Investments Co recorded a leap of 706.2% in profits during the first quarter of 2018 compared to the same period in the previous year. Earnings increased to KWD 2.05 million ($6.81 million) in Q1-18 from about KWD 254,290 …

Financial Results

20 February 2018 09:55 AM Asiya Capital FY17 financials turn to profit

Mubasher: Asiya Capital Investments Co reported a decline of 87.2% in losses during the fourth quarter of 2017 compared to the same period in the prior year. Losses shrank to about KWD 591,950 ($1.98 million) in Q4-17 from KWD 4.61 million ($15.42 …

Financial Results

12 December 2017 04:03 PM CMA nods to Asiya Capital Investments’ 17.8% capital cut

Mubasher: Asiya Capital Investments Co said that the Capital Markets Authority (CMA) of Kuwait approved the 17.8% reduction in the company’s capital. The Boursa Kuwait-listed company will shrink its capital by KWD 14.27 million to KWD 65.73 …

Corporate Actions

9 November 2017 10:46 AM Asiya Capital turns profitable in Q3

Mubasher: Kuwait-based, Asiya Capital Investments Co on Thursday turned to profits in the third quarter of 2017, against losses in the same period in the year before. The firm’s profits amounted to KWD 503,990 ($1.67 million) in Q3-17, against …

Financial Results

5 October 2017 00:20 PM Asiya Capital boards approves capital cut to offset losses

Mubasher: The board of Asiya Capital Investments Co approved on Wednesday to reduce the paid-up capital to KWD 65.73 million from KWD 80 million, according to a bourse filing issued on Thursday. The board members has agreed to shrink the capital …

Corporate Actions

1 October 2017 04:23 PM Asiya Capital to consider capital cut early October

Mubasher: Asiya Capital Investments Co will hold its board meeting on Wednesday, 4 October, to discuss reducing its capital to KWD 66.02 million from KWD 80 million. This capital reduction is considered to offset the company’s accumulated losses …

Corporate Actions

7 August 2017 04:51 PM Asiya Capital turns profitable in Q2

Kuwait - Mubasher: Asiya Capital Investments Company reported profits of KWD 36,010 ($119,020) in the second quarter of the year, versus losses of KWD 1.66 million ($5.49 million) in the corresponding period of 2016. As for the first half of the …

Financial Results

9 May 2017 03:45 PM Asiya Capital turns profitable in Q1

Kuwait – Mubasher: Asiya Capital Investments Co achieved profits during the first quarter of 2017 against losses in the same period of the previous fiscal year. The company recorded a profit of around KWD 254,290 ($833,600) in Q1-17 versus losses …

Financial Results

9 May 2017 01:56 PM Asiya Capital obtains profit from shares in funds

Kuwait – Mubasher: Asiya Capital Investments Co registered a profit of about KWD 361,850 from regaining its entire shares in two investment funds. The profit was divided into about KWD 248,410 in Asia Gateway Fund, and about KWD 113,440 in the …

Companies Investments

9 May 2017 01:47 PM Asiya Capital invests in Indian firm

Kuwait – Mubasher: Asiya Capital Investments Co has invested about KWD 8.8 million in the Indian company Duet India Hotels (DIH), according to a bourse statement issued on Tuesday.  Duet India is operating in the hospitality and hotel development …

Companies Investments

15 March 2017 11:06 AM Asiya Capital Q4 losses widen 160.5%

Mubasher: The losses of Asiya Capital Investments Co deepened by 159% during the fourth quarter of 2016 as compared to the same period in the previous year. Losses widened to KWD 4.61 million ($15.1 million) in Q4-16 from KWD 1.78 million ($5.8 …

Financial Results

15 November 2016 10:29 AM Asiya Capital’s losses shrink 90.6% in Q3

Kuwait – Mubasher: Asiya Capital Investments Co recorded a decrease of 90.6% in losses during the third quarter this year as compared to the same period of 2015. Losses totalled about KWD 588,980 ($1.93 million) in Q3-16, compared to KWD 6.27 …

Financial Results

17 August 2016 08:33 AM Asiya Capital turns to losses in Q2

Kuwait – Mubasher: Asiya Capital Investments Co. achieved KWD 1.66 million ($5.5 million) losses in the second quarter of 2016 against KWD 2.65 million ($8.78 million) profits in Q2-15. The company's losses reached KWD 4.04 million in the first …

Financial Results

4 August 2016 10:38 AM Asiya Capital’s Q1 losses increase to KWD 2.38m

Kuwait – Mubasher: Asiya Capital Investments Co has deepened its losses by 3252% in the first quarter of 2016 as compared to the same period in 2015. Asiya’s losses reached KWD 2.38 million ($7.9 million) in Q1-16 versus KWD 71,000 ($235,300) in …

Financial Results

15 November 2015 00:56 PM Asiya Capital suffers KWD 6.26m losses in Q3

Kuwait-Mubasher: Asiya Capital Investments Company reported KWD 3.68 million losses in the first nine months of 2015, against earnings of KWD 1.95 million in 2014. In the third quarter, Asiya posted a net loss of KWD 6.26 million, against profits …

Financial Results

9 August 2015 10:48 AM Asiya Capital grows profits by triple in H1

Asiya Capital Investments Company achieved a surge of 200.9% to KWD 2.58 million ($8.50 million) in its earnings of the first half, compared to around KWD 856,880 ($2.82 million) in the corresponding period of 2014. The company’s earnings soared …

Financial Results

18 May 2015 01:36 PM Kuwait’s Asiya Capital approves 5% dividend payout

Asiya Capital Investments Co. shareholders gave a nod to distributing cash dividends for the fiscal year 2014 at 5% of stock par value.The Kuwaiti firm reported net profits of KWD 1.77 million in 2014, a surge of 75%, comparing to figures from a …

Company News

20 April 2015 09:50 AM Kuwait China to be named as Asiya

Kuwait China Investment declared that the company’s name will change to Asiya Capital Investments Company, based on the ordinary general meeting held on 23 December, 2014.Such change in the company’s name will be effective starting from 23 April, …

Company News

18 March 2015 01:01 PM Kuwait China Investment profits surge by 75% in 2014

Kuwait China Investment posted net profits of KWD 1.77 million ($5.89 million) in 2014, compared with KWD 1 million ($3.36 million) for the previous year with increase of 75%.The company's earnings per share stood at KWD 2.29 fils for 2014, …

Company News

23 December 2014 00:39 PM Kuwaiti firm launches $3.4bln Murabaha Fund

Written by: Ahmed Awad Ahmed Al Hamad Managing director of Kuwait China Investment Co. said , in exclusive statement to Mubasher , that the company has launched KWD1 billion ($3.4 billion) Murabaha Fund in Asia. The fund was launched …

Company News