Advanced Technology (ATC`R)

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News

10 May 2020 00:37 PM Advanced Technology inks 3 deals at KWD 7.4m

Mubasher: Advanced Technology Company (ATC) announced the signing of three contracts at a total value of KWD 7.4 million ($24 million). The first contract was signed directly with Kuwait Oil Company (KOC) at KWD 2.23 million for the construction …

Companies Investments

21 April 2020 10:57 AM Advanced Technology’s profit plunges 72% in 2019; dividends proposed

Mubasher: Advanced Technology Company (ATC) reported a 72.28% year-on-year (YoY) drop in its net profits during 2019. The company’s net profits dipped to KWD 1.84 million last year from KWD 6.64 million in 2018, according to a statement to Boursa …

Cash Dividends

24 February 2020 11:07 AM Advanced Technology signs KWD 3m deal with KNPC

Mubasher: Advanced Technology Company (ATC) has inked a deal with Kuwait National Petroleum Company (KNPC) to supply Al Zour refinery's project with laboratory equipment.   The deal is valued at KWD 2.739 million and will be matured in a period of …

Companies Investments

24 February 2020 09:44 AM Advanced Technology inks deal with Kuwait's health ministry

Mubasher: Advanced Technology (ATC) signed a tender contract worth KWD 1.411 million to supply and install devices and an automation system to connect secondary blood bank centres with the Ministry of Health’s headquarters.        The deal carries …

Companies Investments

9 February 2020 11:47 AM Advanced Technology inks KWD 4m deals with ministry, university

Mubasher: Advanced Technology Company (ATC) announced the signing of tender contracts totalling KWD 3.7 million with a ministry and a university in Kuwait. The company has inked a tender contract worth KWD 1.41 million with the Kuwaiti Ministry of …

Companies Investments

12 November 2019 06:07 PM Advanced Technology’s profit shrinks 71% YoY in Q3-19

Mubasher: Advanced Technology (ATC) has reported a 70.87% year-on-year profit decline during the third quarter of the fiscal year 2019. The company’s profit dropped to KWD 508,330 ($1.68 million) in Q3-19, compared to KWD 1.75 million ($5.77 …

Financial Results

6 May 2019 01:23 PM ATC to distribute KWD 2.2m dividends for FY18

Mubasher: Advanced Technology’s (ATC) ordinary general meeting (OGM) approved the board’s proposal to distribute KWD 2.25 million at 15 fils per share as cash dividends for the full fiscal year 2018. Dividends represent 15% of the stock’s par …

Board of Directors

31 March 2019 04:56 PM ATC’s profit falls 19% in 2018; dividends proposed

Mubasher: Advanced Technology (ATC) on Sunday reported a 62.2% year-on-year decrease in profits during the fourth quarter of 2018. ATC’s profits reached KWD 1.06 million ($3.50 million) in Q4-18, down from KWD 2.79 million ($9.21 million) during …

Financial Results

15 August 2018 00:15 PM ATC posts KWD 1.2m profit in Q2

Mubasher: Advanced Technology (ATC) on Wednesday reported a 0.83% year-on-year growth in its profits for the second quarter of 2018. Net profits amounted to KWD 1.21 million ($4 million) in Q2-18, compared to KWD 1.2 million ($3.96 million) in …

Financial Results

15 May 2018 00:33 PM ATC posts KWD 3m profits in Q1

Mubasher: Advanced Technology (ATC) achieved an increase of 41.2% in profits during the first quarter of 2018 compared to the same period in the prior fiscal year. Earnings grew to KWD 2.64 million ($8.77 million) in Q1-18 from KWD 1.87 million …

Financial Results

18 March 2018 11:55 AM ATC records higher profits in Q4; dividends proposed

Mubasher: Advanced Technology (ATC) achieved an increase of 39.5% in profits during the fourth quarter of 2017 compared to the same period in the previous year. Earnings grew to KWD 2.79 million ($9.32 million) in Q4-17 compared to KWD 2 million …

Board of Directors

20 February 2018 00:05 PM ATC wins KWD 3m tender by ministry

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 …

Companies Investments

12 November 2017 00:09 PM ATC inks KWD 41.92m deal with firm, ministry

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 …

Company News

9 August 2017 00:03 PM ATC profits rise 16.5% in Q2

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 …

Financial Results

16 April 2017 11:02 AM ATC to discuss FY16 dividends 18 April

Mubasher: Advanced Technology (ATC) will hold its ordinary general meeting (OGM) on 18 April to consider the board’s recommendation of distributing 15% cash dividends for fiscal year 2016. The company will discuss paying 15 fils per share to the …

Event

15 March 2017 10:35 AM ATC posts lower profits in Q4, proposes dividends

Mubasher: Advanced Technology (ATC) posted a decline of 6.5% in profits during the fourth quarter of 2016, as compared to the same period of the previous year. Earnings shrank to KWD 2 million ($6.53 million) in Q4-16 from KWD 2.14 million ($6.99 …

Financial Results

10 November 2016 09:26 AM Advanced Technology Q3 profits soar 60.5%

Kuwait – Mubasher: Advanced Technology recorded an increase of 60.5% during the third quarter of 2016 as compared to the same period a year ago. Earnings grew to KWD 1.29 million ($4.26 million) in Q3-16 from about KWD 803,670 ($2.65 million) in …

Financial Results

26 September 2016 01:59 PM Advanced Technology inks deal with Chinese firm

Kuwait – Mubasher: Advanced Technology has signed a contract with China Metallurgical Group Corporation for KWD 8.8 million. The contract has duration period of two years, with a 9% estimated profit margin that can be modified later, according to …

Corporate Actions

15 August 2016 07:46 AM Advanced Technology Q2 profits up 22.4%

Kuwait – Mubasher: Advanced Technology's profits rose 22.4% year-on-year to KWD 1.03 million ($3.41 million) in the second quarter of 2016 from KWD 841,300 ($2.79 million) in Q2-15. The company's profits increased 28.5% to KWD 2.57 million in …

Financial Results

9 May 2016 04:33 PM Advanced Technology’s Q1 profits rise 34%

Kuwait-Mubasher: Advanced Technology reported 34% growth in profits of the first quarter as compared to the same period in 2015, the company said in a statement. Earnings increased to KWD 1.54 million ($5.13 million) in Q1-16, from KWD 1.15 …

Financial Results

30 March 2016 01:43 PM Kuwait’s Advanced Technology posts higher profits in Q4

Kuwait-Mubasher: Advanced Technology achieved profits worth KWD 2.14 million ($7.07 million) in the fourth quarter of 2015 as compared to KWD 1.84 million ($6.08 million) in Q4-14; a growth of 16.3%. During the fiscal year of 2015, the KSE-listed …

Financial Results

15 November 2015 11:11 AM Advanced Technology’s profits grow 8.5% in 9M

Kuwait-Mubasher: Advanced Technology recorded earnings worth KWD 2.8 million ($9.2 million) in the first nine months of 2015, in comparison with KWD 2.58 million ($8.48 million) in the corresponding period of 2014; a rise of 8.5%. The Kuwaiti …

Financial Results

13 August 2015 09:50 AM Advanced Technology grows H1 profits by takeover

Kuwait-Mubasher: Advanced Technology reported profits of KWD 2 million ($6.6 million) in the first half of 2015, up 7% from KWD 1.87 million ($6.17 million) in H1-14. H1 profits rise is mainly attributed to gain on bargain purchase of shares in an …

Company News

11 May 2015 09:09 AM Advanced Technology Q1 profits up 4.6%

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 …

Financial Results

4 May 2015 01:31 PM Kuwait’s ATC inks deal with Al-Kharafi on loan from KFH

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 …

Company News