Kuwait Cement K.P.S.C. (KCEM`R)

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News

1 April 2020 03:01 PM Kuwait Cement’s profits decline 49% in FY19; dividends proposed

Mubasher: The net profit of Kuwait Cement decreased by 49% on an annual basis over the fiscal year (FY) 2019 to stand at KWD 4 million when compared to KWD 7.94 million. The drop in the annual earnings is attributed to a drop in gross profit by …

Board of Directors

6 August 2019 06:25 PM Kuwait Cement reports 19% YoY profit decline in Q2-19

Mubasher: Kuwait Cement’s profit went down by 19% year-on-year to KWD 3.08 million ($10.14 million) in the second quarter of 2019. In the first six months of 2019, the company’s profit dropped 33% to KWD 4.51 million, compared to KWD 6.77 million …

Financial Results

23 April 2019 01:20 PM Kuwait Cement to distribute 15 fils/shr dividends for FY18

Mubasher: Kuwait Cement’s shareholders approved the board’s proposal to distribute 15 fils per share as cash dividends for the full fiscal year 2018 during a general assembly meeting held on Tuesday, 23 April. Distributions represent 15% of the …

Cash Dividends

8 August 2018 04:32 PM Kuwait Cement H1 profits drop 32%

Mubasher: Kuwait Cement reported a decline of 13.2% in profits to KWD 3.8 million ($12.57 million) during the second quarter of 2018 compared to KWD 4.38 million ($14.48 million) in the same period last year. During the first half of 2018, …

Financial Results

9 May 2018 03:48 PM Kuwait Cement posts lower profits in Q1

Mubasher: Kuwait Cement reported a decline of 47% in profits during the first quarter of 2018 compared to the same period in the previous year. Earnings shrank to KWD 2.97 million ($9.87 million) in Q1-18 from KWD 5.6 million ($18.6 million) in …

Financial Results

6 March 2018 03:32 PM Kuwait Cement FY17 profits decline 11.8%; dividends proposed

Mubasher: Kuwait Cement achieved an increase of 15.4% in profits during the fourth quarter of 2017 compared to the same period in the same period in the previous year. Earnings increased to KWD 4.94 million ($16.5 million) in Q4-17 from KWD 4.28 …

Board of Directors

8 November 2017 06:23 PM Kuwait Cement Q3 profits down 25%

Mubasher: Kuwait Cement reported a decline in profits in the third quarter of 2017 by 25.3% year-on-year, as shown by the company’s financial statements. Profits totalled KWD 2.27 million ($7.49 million) in Q3-17, compared to KWD 3.04 million ($10 …

Financial Results

9 August 2017 05:35 PM Kuwait Cement posts KWD 4.38m profits in Q2

Mubasher: Kuwait Cement reported a decline of 37.1% in profits to KWD 4.38 million ($14.48 million) in the second quarter this year compared to KWD 6.96 million ($23.01 million) in the same quarter a year ago. In the first half of 2017, the …

Financial Results

26 April 2017 02:10 PM Kuwait Cement to pay 20 fils/shr dividends

Mubasher: The ordinary general meeting (OGM) of Kuwait Cement approved distributing 20% of capital as cash dividends for fiscal year 2016. The company will pay 20 fils per share to the entitled shareholders, according to a bourse filing issued on …

Corporate Actions

15 March 2017 01:58 PM Kuwait Cement Q4 profits rise, proposes dividends

Mubasher: Kuwait Cement achieved a growth of 43.5% in profits to KWD 4.29 million ($14.01 million) in the fourth quarter of 2016 from KWD 2.99 million ($9.8 million) in the same period of 2015. During the fiscal year, earnings increased by 1.04% …

Financial Results

12 March 2017 02:00 PM Kuwait Cement sells Americana stake to Adeptio

Mubasher: Kuwait Cement has finalised selling its entire stake in Kuwait Food Company (Americana) to UAE's Adeptio AD Investments, according to a bourse statement issued on Sunday. The financial impact from this sale deal is a profit of KWD 1.36 …

Companies Investments

9 November 2016 02:16 PM Kuwait Cement Q3 profits rise 19%

Kuwait – Mubasher: Kuwait Cement achieved a growth of 19% in profits during the third quarter of 2016 as compared to the same period a year ago. Earnings increased to KWD 3 million ($9.9 million) in Q3-16 from KWD 2.55 million ($8.44 million) in …

Financial Results

3 November 2016 11:25 AM Kuwait Cement to discuss 9M results 9 November

Kuwait – Mubasher: Kuwait Cement said Thursday that its board of directors will meet on 9 November to discuss and adopt the financial statements for the first nine months of 2016, according to a bourse filing. The company earlier posted a net …

Financial Results

25 July 2016 02:27 PM Kuwait Cement’s Q2 profits fall 6.1%

Kuwait – Mubasher: Kuwait Cement posted a decline of 6.1% in the second quarter of 2016 as compared to the same period in 2015. Earnings shrank to KWD 6.96 million ($22.97 million) in Q2-16 from KWD 7.41 million ($24.46 million) in Q2-15 During …

Financial Results

3 May 2016 01:59 PM Kuwait Cement to pay 20 fils/shr dividends

Kuwait-Mubasher: Kuwait Cement’s ordinary general meeting agreed on distributing cash dividends at 20% of capital or 20 fils per share for the fiscal year 2015, according to a statement. Dividends payout will start15 May for the shareholders …

General Assembly

21 March 2016 02:51 PM Kuwait Cement’s Q4 profits decrease; dividends proposed

Kuwait-Mubasher: Kuwait Cement reported profits worth KWD 3 million ($9.96 million) in the fourth quarter of 2015, compared to KWD 3.24 million ($10.76 million) in Q4-14, a decline of 7.7%. During the fiscal year 2015, the company’s profits …

Financial Results

9 November 2015 02:12 PM Kuwait Cement’s sales boost 9M profits to rise 16%

Kuwait-Mubasher: Profits of Kuwait Cement rose 16% to reach KWD 16.3 million in the nine months of 2015, compared to KWD 14 million in the same period of 2014. The company posted earnings worth KWD 2.5 million in the third quarter, 5% higher than …

Financial Results

4 November 2015 10:06 AM Kuwait Cement to discuss financials 9 Nov

Kuwait-Mubasher: The board of Kuwait Cement will hold a meeting on 9 November to review the financial statements of the nine-month period ended 30 September, 2015. The company reported earnings worth KWD 13.75 million ($45.32 million) in the first …

Event

10 August 2015 01:49 PM Kuwait Cement H1 profit rises on stronger investments

Kuwait – Mubasher: Kuwait Cement Co. posted 18% growth in net profit for the first half of 2015 to approx. KWD 13.75 million ($45.32 million), up from KWD 11.65 million ($38.40 million) reported in the same period a year earlier. The cement firm …

Financial Results

16 July 2015 10:55 AM Kuwait Cement profits plunge 146% in Q2

Kuwait – Mubasher: Kuwait Cement said Thursday its net profits reached KWD 2.61 million in the second quarter of 2015, sinking 146.23% from KWD 1.06 million for the same period of 2014. In the first half of 2015, the company's profits for went …

Company News

13 May 2015 02:21 PM Kuwait Cement Q1 earnings rise 21% YoY

Kuwait Cement’s net profits increased 21% in the first quarter, reporting KWD 6.34 million ($21 million) compared to KWD 5.24 million ($17.3 million) in Q1-14.The company registered a growth of 1% in the annual earnings, posting KWD 17.32 million …

Financial Results

29 April 2015 09:30 AM Kuwait Cement to pay FY14 dividends mid-May

By: Ahmad AwadKuwait-Mubasher: Kuwait Cement’s ordinary general meeting agreed on distributing 18% cash dividends for the fiscal year 2014.The company will start paying the dividends as of 10 May.Kuwait Cement’s production capacity amounts 16,000 …

Event

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

13 April 2015 09:06 AM Kuwait Cement to tackle 18% dividend payout

Kuwait Cement will hold ordinary general meeting on 29 April to discuss dividend payout of 18% for the fiscal year ended 31 December 2014.The cement producer reported KWD 17.32 million net profits for 2014, compared with KWD 17.16 million for the …

Event

18 March 2015 02:21 PM Kuwait Cement profits edge 1% higher, dividends proposed

The Kuwaiti -listed, Kuwait Cement Co. said its profits edged by nearly 1% in 2014 to reach KWD 17.32 million ($57.66 million) compared with KWD 17.16 million ($57.13 million) for the previous year.Meanwhile, the company's board of directors …

Financial Results