Kuwait Cable Vision

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News

16 March 2020 11:51 AM Kuwait Cable Vision cancels request to delist from Boursa Kuwait

Mubasher: The board of Kuwait Cable Vision has cancelled the company’s withdrawal request from Boursa Kuwait and called for a general assembly meeting. The decision will be subject to regulatory approvals, according to a bourse disclosure on …

Board of Directors

31 December 2019 05:37 PM Kuwait Cable Vision nods to delist from Boursa Kuwait

Mubasher: The shareholders of Kuwait Cable Vision issued, during the recent ordinary general meeting (OGM), a resolution to voluntarily withdraw from Boursa Kuwait. The company said that the withdrawal was unanimously approved as the company’s …

Stock Evaluations

10 June 2019 09:45 AM Firms owe KWD 1.4m in debts to Kuwait Cable Vision – Chairman

Mubasher: Business partners owe KWD 1.407 million in debts to Kuwait Cable Vision Company, the Kuwaiti firm chairman told Al Rai newspaper. Farah Media Company’s debts owed to Kuwait Cable amounted to KDW 182,000, while ShahrZad Company’s …

Board of Directors

26 March 2019 00:58 PM Kuwait Cable Vision trims losses in Q4, 2018

Mubasher: Kuwait Cable Vision on Tuesday reported a 59.8% year-on-year decline in losses during the fourth quarter of 2018, logging KWD 12,520 ($41,340), from KWD 31,160 ($102,900). The company’s losses levelled down 56.3% to KWD 83,920 from …

Financial Results

12 July 2018 10:25 AM Kuwait Cable Vision losses shrink 60% in Q2

Mubasher: Kuwait Cable Vision registered a drop of 60.4% in losses during the second quarter of 2018 compared to the same period in the previous year. Losses declined to nearly KWD 20,140 ($66,670) in Q2-18 from approximately KWD 50,890 ($168,450) …

Financial Results

19 June 2017 01:51 PM Trading on Cable Vision stock to resume after capital cut

Kuwait – Mubasher: Trading on Kuwait Cable Vision’s stock will resume on Tuesday, 19 June, after the company completed the required capital cut procedures, according to a bourse statement issued on Monday. In March, the ordinary general meeting …

Trading Activities

29 March 2017 02:58 PM Cable Vision Q4 losses widen 185%

Mubasher: Kuwait Cable Vision posted an increase of 185% in losses during the fourth quarter of 2016 as compared to the same period of the prior year. Losses deepened to about KWD 116,660 ($382,400) in Q4-16 from around KWD 40,930 ($134,170) in …

Financial Results

13 March 2017 01:45 PM Cable Vision OKs capital cut by 22%

Kuwait – Mubasher: The extraordinary general meeting (EGM) of Kuwait Cable Vision approved reducing the capital by 22.02%. The capital will be decreased by KWD 1.05 million to KWD 3.7 million from KWD 4.75 million, and accordingly, the shares will …

General Assembly

8 February 2017 01:00 PM Cable Vision to discuss capital cut late February

Mubasher: Kuwait cable Vision will hold its extraordinary general meeting on 21 February to consider the approval for reducing the capital by 22.02%. The shareholders will discuss a capital reduction by KWD 1.046 million to KWD 3.7 million from …

Event

6 December 2016 03:10 PM Kuwait Cable Vision board recommends capital cut

Kuwait – Mubasher: Kuwait Cable Vision Co. said its board of directors recommending reducing its capital by 22.02% that is equivalent to KWD 1.046 billion. The company seeks to reduce its capital from KWD 4.75 billion to KWD 3.7 billion. Moreover, …

Corporate Actions

21 November 2016 00:09 PM Kuwait's consumer services sector profits rise 7% in Q3

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 …

Financial Results

17 November 2016 11:29 AM Kuwait Cable Vision Q3 losses deepen 17.75%

Kuwait – Mubasher: Kuwait Cable Vision suffered higher losses by 17.75% during the third quarter of 2016 as compared with the same period a year ago. Losses reached about KWD 37,791 ($124,600) in Q3-16 when compared with about KWD 32,090 …

Financial Results

1 August 2016 02:33 PM Kuwait Cable suffers KWD 47,830 losses in Q2

Kuwait – Mubasher: Kuwait Cable Vision said it logged losses of KWD 47,830 in the second quarter of 2016. The company’s losses widened from KWD 2,840 it suffered at the same period of the previous year. As for the first half of 2016, the Kuwaiti …

Financial Results

7 June 2016 11:40 AM Kuwait Cable EGM discusses capital top-up

Kuwait-Mubasher: Kuwait Cable Vision decided to hold the postponed extraordinary general meeting (EGM) on 21 June 2016, to discuss the capital increase, according to the company’s bourse statement. The increase amounting to KWD 1.75 million, …

General Assembly

21 March 2016 02:28 PM Kuwait Cable suffers losses in Q4; capital raise proposed

Kuwait-Mubasher: Kuwait Cable Vision suffered losses worth KWD 41,000 ($136,100) in the fourth quarter of 2015, against profits worth nearly KWD 12,300 ($40,800) in Q4-14, the company said in a recent statement. During the fiscal year, the …

Management Decisions

9 November 2015 02:33 PM Cable Vision 9M financials turn profitable

Kuwait-Mubasher: The nine-month financials of Kuwait Cable Vision this year showed a positive turn when compared to 2014 figures. The company’s profits grew to about KWD 179,100 ($591,600) in 9M-15, against losses worth about KWD 139,100 …

Financial Results

19 April 2015 03:03 PM Kuwait Cable sees earnings in Q1-15

Kuwait Cable Vision recorded earnings worth about KWD 214,010 ($708,400) in Q1-15 against losses worth nearly KWD 67,580 ($223,700) in Q1-14.The earning per share reached 7.13 fils in Q1-15 against a loss per share of 2.25 fils in Q1-14.Net …

Financial Results

6 April 2015 08:49 AM KFIC raises stake in Salbookh

Kuwait Stock Exchange’s (KSE) equity ownership movement saw changes on 5 April, as Kuwait Finance and Investment Company (KFIC) increased its stake in Salbookh Trading Company to 26.030% from 24.300, registering a rise of 1.73%.Bayan Invetsment …

Company News