Contracting and Marine Services Co S.A.K

Mubasher: The board members of Contracting and Marine Services recommended converting the legal entity of the company to be a closed shareholding company instead of a public joint-stock firm. The structure of the closed shareholding company …

Kuwait – Mubasher: Contracting and Marine Services Company turned to losses in the fourth quarter of 2016, compared to the same period in 2015. Losses stood at KWD 47,620 ($156,070) in Q4-16, against profits of KWD 554,750 ($1.82 million) in …

Kuwait – Mubasher: The Capital Markets Authority (CMA) of Kuwait has agreed on the voluntary withdrawal proposed by Contracting and Marine Services. On 17 November, the shareholders of the listed company approved the delisting from the stock …

Kuwait – Mubasher: The shareholders of Contracting and Marine Services approved the voluntary withdrawal from Kuwait Stock Exchange (KSE), the company said in a bourse statement issued on Thursday. The company clarified that the delisting …

Kuwait - Mubasher: Contracting and Marine Services Company’s profits retreated 43.9% to KWD 241,100 ($793,350) in the third quarter of 2016 from KWD 429,520 ($1.41 million) in Q3-15. Net profit rose 3.5% to KWD 792,270 in the first nine months of …

Kuwait – Mubasher: The board members of Contracting and Marine Services has agreed on the voluntary withdrawal from Kuwait Stock Exchange (KSE), ccording to a bourse statement issued Thursday. The withdrawal decision resulted from lower trading …

Kuwait-Mubasher: Contracting and Marine Services Company’s profits for the second quarter of the fiscal year 2016 rose by 222.8% to KWD 283,340 ($938,520), versus KWD 87,770 ($7290,720) for Q2-15. Net profit also rose in the first half of fiscal …

Marine Services to pay 5 fils as FY15 dividends Kuwait-Mubasher: The shareholders of Contracting and Marine Services agreed on paying cash dividends at 5% of capital or 5 fils per share for the fiscal year 2015, unchanged from FY14, according to a …

Kuwait-Mubasher: Contracting and Marine Services’ unit, Kuwait Drilling Co, was awarded a tender that is worth KWD 6.07 million ($20.19 million), according to a recent statement. The tender was submitted by Kuwait Oil Company (KOC), with duration …

Kuwait-Mubasher: Contracting and Marine Services said on Thursday that its subsidiary Kuwait Drilling Co. was awarded a KWD 103.9 million ($343 million) tender by Kuwait Oil Co. The tender is to supply six drillers over the next five years, and …

Kuwait-Mubasher: Contracting and Marine Services reported earnings worth about KWD 765,250 ($2.52 million) in the first nine months of 2015, compared to KWD 1.27 million ($4.17 million) in the same period of 2014; a decrease of 39.7%. The Kuwaiti …

Kuwait Drilling Company, a subsidiary of Contracting and Marine Services, has been given a tender worth KWD 8.73 million for delivering well-drilling related services for two rigs, according to a bourse filing. The contract duration is two years, …

Kuwait – Mubasher: Contracting and Marine Services said Kuwait Drilling Co., subsidiary, was awarded a contract worth KWD 63.37 million ($209.3 million) by Kuwait Oil Company (KOC), according to  a bourse statement issued Monday. The five-year …

Kuwait – Mubasher: Kuwait Drilling Company, a subsidiary of Contracting and Marine Services, has been awarded a tender worth of KWD 34.07 million from Kuwait Oil Company (KOC), said a bourse filling. Under a renewable agreement, Kuwait Drilling …

Contracting and Marine Services will hold its ordinary general meeting on 7 May to discuss the board’s proposal of paying 5 fils per share as dividends of the fiscal year ended 31 December, 2014.The firm’s earnings retreated by 44.8% to KWD …

Top indices in the Kuwait Stock Exchange (KSE) ended Tuesday in the green as the price index rose by 0.64%, adding 45.7 points and closing at 7178.64 points. Meanwhile the weighted price index added 0.77% or 3.6 points and closed at …

Contracting and Marine Services -MARIN announced that a subsidiary company has expanded its contract with Al-Khafji Joint Operations Co. at total amount of $ 43.2 million for two renewable years. According to company’s filing to Kuwait …