Digitus Group for Digital Infrastructure, Data Centers & Communications KSCP (DIGITUS`R)

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News

31 March 2019 03:55 PM Hayat Communications reports 64% profit hike in 2018

Mubasher: Kuwait-based Hayat Communications on Sunday said posted a 211.2% year-on-year surge in profits for the fourth quarter of 2018. The company’s profits reached KWD 172,480 ($568,160) during Q4-18, up from KWD 55,420 ($182,560) in Q4-17, …

Financial Results

16 August 2018 03:08 PM Hayat Communications incurs losses in Q2

Mubasher: Hayat Communications suffered a loss of nearly KWD 86,810 ($751,580) during the second quarter of 2018 against profits worth nearly KWD 30,270 ($99,890) in the same period in the prior year, according to a bourse statement on Thursday. …

Financial Results

22 November 2017 04:03 PM Hayat Communications 9M profits surge 131%; stock resumes trading

Mubasher: Hayat Communications reported a leap of 131% in profits during the first nine months of 2017 compared to the same period last year. Earnings increased to nearly KWD 112,780 ($374,140) in 9M-17 from about KWD 48,840 ($162,020) in 9M-16, …

Trading Activities

24 August 2017 04:25 PM Trading on 9 Boursa Kuwait stocks still suspended

Mubasher: Boursa Kuwait on Thursday announced that it will continue suspending trading on nine stocks for various reasons. The affected companies are Kuwait Bahrain International Exchange, Warba Insurance, Kuwait Gypsum Manufacturing and Trading, …

Trading Activities

21 March 2017 10:07 AM Hayat Communications Q4 profits up 45.1%

Mubasher: Hayat Communications reported a growth of 45.1% in profits to about KWD 201,690 ($659,850) during the fourth quarter of 2016 from about KWD 138,990 ($454,720) in the same period of 2015. During the fiscal year, earnings reached …

Financial Results

14 November 2016 09:56 AM Hayat Communications posts lower Q3 profits

Kuwait – Mubasher: Hayat Communications reported a 19.7% profit decrease during the third quarter of 2016, according to a bourse filing on Monday. Q3 net profits reached KWD 118,350 ($389,440), compared with KWD 147,420 ($485,090) for the year-ago …

Financial Results

16 August 2016 08:17 AM Hayat Communications profits down 12% in Q2

Kuwait – Mubasher: Hayat Communications on Tuesday reported a 12% decrease in its net profits for the second quarter of 2016. The company's net profits reached KWD 17,390 ($57,700) in Q2-16 from KWD 19,779 ($65,400) in Q2-15. The Kuwaiti-listed …

Financial Results

24 May 2016 09:08 AM Hayat Communications appoints new chairman

Kuwait-Mubasher: The board of Hayat Communications has elected Amer Al Yaseen for the chairman position, the company said in a statement issued Tuesday. Imad Hyat was appointed as the deputy chairman, in line with electing three new board members. …

Board of Directors

3 May 2016 05:16 PM Hayat’ OGM approves no dividends for FY15

Kuwait-Mubasher: The ordinary general meeting of Hayat Communications agreed on not distributing dividends for the fiscal year 2015, according to a recent statement. The Kuwaiti company clarified that the decision was due to Hayat’s need for cash …

Corporate Actions

14 March 2016 10:15 AM Hayat Communications posts profit rise in Q4

Kuwait-Mubasher: Hayat Communications saw 31.3% growth in its profits during the fourth quarter of 2015, according to a bourse statement. Profits amounted to KWD 139,000 ($460,100) in Q4-15, compared to KWD 105,900 ($350,600) in Q4-14. The telco’s …

Financial Results

10 January 2016 03:40 PM Ooredoo, HAYATCOM sign KWD1.4m contracts

Kuwait – Mubasher: Hayat Communications Co. (HAYATCOM) said Sunday it signed two contracts worth KWD 1.37 million with National Mobile Telecommunications (Ooredoo). The first contract, worth KWD 683,000, includes the supply and execution of …

Companies Investments

6 January 2016 09:12 AM Hayat Communications inks KWD 5.65m deal with Huawei Tech

Kuwait-Mubasher: Hayat Communications has signed a contract worth KWD 5.65 million with Huawei Tech. Investment Limited, for beginning phase two of designing and executing the infrastructure works of fiber-optic cables for Kuwait’s transportation …

Companies Investments

22 September 2015 09:04 AM VIVA, Hayat Communications sign KWD 1.3m deal

Kuwait-Mubasher: Hayat Communications said Tuesday that it signed a three-year agreement worth KWD 1.3 million with Kuwait Telecom Company, known as VIVA, for a project that covers different areas in Kuwait. Under the agreement, Hayat will install …

Companies Investments

26 May 2015 03:03 PM Kuwait’s Hayat inks $9m deals with UAE’s Etisalat

Kuwait – Mubasher: Kuwaiti company Hayat Communications said it signed three deals with Emirates Telecommunications Corp (Etisalat) at a total value of $9.06 million (AED 33.3 million).The first contract, amounting to AED 25 million, spans three …

Company News

5 May 2015 10:53 AM Hayat Communications stock rises 7.4% on future deals

Hayat Communications’ stock increased 7.4% to 58 fils at 11 am (Kuwait local time) on Tuesday, in conjunction with the company’s announcement of signing new agreements to boost its financials in 2015.Trades on Hayat stock reached its highest level …

Trading Activities

4 May 2015 01:18 PM Hayat OGM approves no dividends for FY14

Hayat Communications’ ordinary general meeting (OGM) agreed on the board’s recommendation of withholding dividends for the fiscal year 2014.Kuwait Stock Exchange noted that Hayat’s extraordinary general meeting was postponed.The communications …

Financial Results

21 April 2015 11:09 AM Hayat shareholders to consider dividend freeze 4 May

Hayat Communications’ ordinary and extraordinary general meetings will consider on 4 May the board’s recommendation of freezing dividends for the fiscal year ended 31 December, 2014.The meetings will include amending some articles of association …

Financial Results

3 March 2015 00:08 PM Kuwait’s Hayat inks large deal with UAE’s du

 Kuwait – Mubasher: Hayat Communications has announced in a filing to the Kuwait Stock Exchange (KSE) that it has signed a contract with the UAE’s Emirates Integrated Telecommunications Co. “du” to maintain all its fixed and cellular networks …

Company News

2 March 2015 08:59 AM Hayat Communications net profit rises 15% in FY14

Hayat Communications Company has issued its financial statements for the year of 2014, recording a growth of 15% in its earnings. Hayat’s net profit totaled KWD 80.9 thousand (about $472.8 thousand) in 2014, compared to KWD 70.33 thousand …

Corporate Actions

11 January 2015 00:35 PM Agility's dividends payout for 2014 may come at 40% - analyst

Written by: Muhammad FaroukKuwait - based Al Salam Group Holdings net profit for the fiscal year ended December 31, 2014 may record the highest growth rate among 12 Kuwaiti listed companies, said Ahmed Jassim AL qamar, senior direct investment …

Company News

30 November 2014 00:37 PM HAYATCOMM seals 4 contracts worth $8.9m with Huawei Technical

Hayat Communications Co. announced that it has concluded four contracts worth of SAR33.4 million ($8.9 million) with Huawei Technical.A bourse statement, noted that the new agreements come in favor of three Saudi - based mobile operators …

Company News

18 August 2014 01:44 PM Hayat Communications suffers KWD 37.2 mln loss in H1

Hayat Communications reported interim financial statements for first half of 2014 that reflected KWD 37.2 thousands net loss, against KWD 95.1 thousands in the same period of previous year.On other hand, the company posted KWD 70.330 …

Company News

11 August 2014 10:50 AM Hayat Communications concludes $ 17.8 mln contracts with Huawei

Hayat Communications announced it has concluded three contracts worth $ 17.8 million with China's Huawei in favor of viva - Kuwait Telecom Company.The contracts duration is two years, according to Alanba local newspaper.Amer Hayat, Head of …

Company News