Kuwait Emirates Holding Co KSCP (EMIRATES`R)

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News

15 April 2020 04:13 PM Kuwait Syrian Holding posts 40% lower loss in 2019

Mubasher: Kuwait Syrian Holding Company’s net losses totalled KWD 345,017 ($1.11 million) in the fiscal year (FY) 2019 when compared to KWD 573,562 ($1.85 million) in 2018, posting a 40% drop. The loss of the period is attributed to higher …

Board of Directors

17 December 2019 05:02 PM Kuwait Syrian sees KWD 404,000 transactions – Boursa Kuwait

Mubasher: Boursa Kuwait announced the completion of KWD 404.160 transaction on the shares of Kuwait Syrian Holding Company. The transaction was executed on 10.923 million shares at 37 fils each, according to a statement by Boursa Kuwait on …

Trading Activities

26 November 2019 04:22 PM Abyaar Real Estate, Kuwait Syrian to withdraw from Boursa Kuwait

Mubasher: Abyaar Real Estate Development’s shareholders have approved a proposal to withdraw the company’s shares from Boursa Kuwait, according to a bourse statement released on Tuesday. Moreover, shareholders of Kuwait Syrian Holding approved the …

General Assembly

8 November 2019 04:15 PM Kuwait Syrian Holding switches to loss in Q3-19

Mubasher: Kuwait Syrian Holding has turned to loss during the third quarter of the fiscal year 2019. The Boursa Kuwait-listed company reported a net loss of KWD 38,890 ($128,410) in Q3-19, according to a bourse statement released on Thursday. In …

Financial Results

12 March 2019 05:22 PM Kuwait Syrian Holding Q4 financials turn to losses

Mubasher: Kuwait Syrian Holding incurred an increase of 575% in losses during the fourth quarter of 2018 compared to the same period a year ago. Losses enlarged to nearly KWD 465,630 ($1.53 million) in Q4-18 compared to about KWD 68,990 ($227,320) …

Financial Results

29 November 2018 01:02 PM Al-Kharafi sells 6.7m shares in KSH

Mubasher: Kuwait Syrian Holding Company (KSH) on Thursday announced that Mohammed Abdulmohsen Al-Kharafi and Sons Co. approved the sale of 6.7 million shares, or 3.8%, of its stake in KSH’s capital to Mr. Badr Abdulrahman Albakr. The transaction …

Mergers and Acquisitions

7 March 2018 10:53 AM Kuwait Syrian tops Boursa Kuwait volume, winners

By: Mohamad Farouk Mubasher: Kuwait Syrian Holding topped the list of Boursa Kuwait’s most active stocks on Wednesday with 9.24 million shares traded through 281 transactions through about KWD 299,300. By 10:15 am Kuwait time, the stock of Kuwait …

Trading Activities

9 January 2017 10:38 AM Kuwait Syrian inks $12m shares transfer deal

Kuwait – Mubasher: Kuwait Syrian Holding has signed a shares transfer agreement for its stake in Touristic Enterprises Company to an investment group entity. The contract is worth $12 million ($3.6 million), the company said in a bourse statement …

Mergers and Acquisitions

13 November 2016 03:47 PM Kuwait Syrian profits down 90% in Q3

Kuwait - Mubasher: Kuwait Syrian Holding on Sunday reported a profit decline of 89.9% year-on-year in the third quarter of 2016. Profits reached about KWD 22,300 ($73,400) in Q3-16, compared with nearly KWD 221,450 ($728,700) in the same period of …

Financial Results

3 August 2016 03:17 PM Kuwait Syrian profits decline 73.8% in Q2

Kuwait – Mubasher: Kuwait Syrian Holding reported a decline of 73.8% in net profits for the second quarter of 2016 The company saw net profits of KWD 121,910 for the second quarter of 2016, down from KWD 465,040 for the same period of the previous …

Financial Results

14 February 2016 09:12 AM Kuwait Syrian Holding says dividends spiked trading on stock

Kuwait-Mubasher: Kuwait Syrian Holding said on Sunday that the extraordinary trading activity on the company’s shares during the period from 8 February to 10 February was due to the board’s recommendation of distributing 3% dividends. The flurry …

Management Decisions

4 February 2016 09:17 AM Kuwait Syrian Holding swings into fourth-quarter profit

Kuwait-Mubasher: Kuwait Syrian Holding showed a positive turn in financials for the fourth quarter of 2015 as compared to the same period of 2014. The Kuwaiti company posted around KWD 99,950 profits in Q4-15, against losses of about KWD 80,330 in …

Financial Results

3 February 2016 09:38 AM Refrigeration supplier RIC, conglomerate KSHC to hold board meetings Weds

Kuwait-Mubasher: Refrigeration Industries and Storage will (hold) convene its board meeting on Wednesday to consider the financial statements for the fiscal year 2015. The company has achieved KWD 2.92 million profits in 9M-15, compared to KWD …

Event

11 November 2015 02:39 PM Kuwait Syrian turns to profits in 9M

Kuwait – Mubasher: Kuwait Syrian Holding said on Wednesday it generated KWD 675,750 ($2.22 million) net profits for the first nine months of 2015, versus KWD 7.17 million ($23.45 million) net loss logged in the same period a year ago. The …

Financial Results

29 October 2015 02:21 PM Al-Kharafi’s KSH cancels $6.1m property sale in Kuwait

Kuwait-Mubasher: Kuwait Syrian Holding announced terminating a contract for selling one of its properties in Kuwait. The company had signed a primary contract early June to sell the property for KWD 1.85 million ($6.12 million). The company did …

Financial Results

6 August 2015 02:19 PM Kuwait Syrian Holding turns profitable in H1

Kuwait Syrian Holding’s year-half results turned positive with profits of about KWD 454,300 ($1.5 million) against losses worth KWD 7.15 million ($23.54 million) in 2014, according to a bourse filing. Profits are generated from its investments …

Company News

16 June 2015 01:47 PM Kuwait Syrian to cancel capital hike

Kuwait Syrian Holding shareholders gave a nod to cancelling an earlier decision suggested by the company’s board to increase the capital from KWD 17.63 million to KWD 35.25 million.The Kuwait-listed firm suffered KWD 7.22 million in losses in …

Company News

9 June 2015 00:03 PM Kuwait Syrian to shelve capital hike on Syria turmoil

By Ahmed AwadKuwait – Mubasher: Kuwait Syrian Holding Co. plans to delay a decision on a capital increase till conditions stabilises in Syria, said Chairman Mahmoud Al Nouri.The company delayed Tuesday its general meeting due to lack of quorum.The …

Company News

7 June 2015 10:00 AM Kuwait Syrian Holding sells property for KWD 1.85m

Kuwait Syrian Holding announced on Sunday that it signed a preliminary contract to sell one of its properties in Kuwait for KWD 1.85 million to an unnamed buyer.The sale is likely to generate profits of KWD 175,000, according to a bourse …

Company News

29 April 2015 02:22 PM Kuwait Syrian Holding Q1 financials turn negative

Kuwait Syrian Holding (KSH) posted losses worth about KWD 10,740 in Q1-15, against a net profit of KWD 1.11 million in Q1-14.The Kuwait-based company reported its loss per share reached 0.06 fils in Q1-15 against 6.29 fils earnings per share in …

Financial Results

29 April 2015 07:59 AM Investors of 13 KSE-listed firms await key events

Shareholders of thirteen companies listed on Kuwait Stock Exchange are anticipating major events to take place on 29 April, as Kuwait Cement’s ordinary general meeting (OGM) will discuss the board’s proposal of distributing 18% cash …

Financial Results

8 April 2015 00:43 PM Kuwait Syrian Holding OKs dividend freeze

Written by: Ahmed AwaadKuwait Syrian Holding ordinary general meeting approved to freeze dividend payout for the fiscal year ended 31 December 2014."The company awaits the approval of the Kuwait's capital market authority over the company's board …

Company News

11 March 2015 01:24 PM Kuwait Syrian Holding asks backtrack on capital growth

The board of Kuwait Syrian Holding recommended a backtrack on increasing the firm’s capital from KWD 17.62 million to KWD 35.25 million.The firm noted that it would hold an extraordinary general meeting to discuss the board’s proposal.Kuwait Syria …

Corporate Actions

15 February 2015 03:27 PM Kuwait Syrian Holding losses widen 626%

Kuwait Syrian Holding (KSH) Company has issued its financial results for the year ended on December 31, 2014, with losses increasing by 626%. KSH’s losses totaled KWD 7.22 million in 2014, compared to KWD 994.4 thousand in …

Financial Results

30 December 2014 05:50 PM Kuwait’s KSH exits Lebanese records

The Kuwaiti Syrian Holding Company (KSH) has announced that it has marked the exit of Kuwait Lebanese’s holding Company for Tourism and Transportation with 90%.KSH has issued a statement confirming that it canceled the Company from …

General News