Al Masaken International Real Estate Development (MASAKEN) News - Mubasher Info
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Al Masaken International Real Estate Development (MASAKEN)

Last update: 12:42 PM market time.
31.10
-0.60
-1.89%
Open 32.50
Previous Close 31.70
High 32.50
Low 31.00
Stock Statistics
Volume 957,562
Turnover 29,833.21
All data are 15 minutes late during market session

News

The company's basic and diluted EPS stood at KWD 0.83
21 April 2020 04:53 PM Al Masaken International turns profitable in 2019
Mubasher: The net profits attributable to the owners of the parent company of Al Masaken International Real Estate Development amounted to KWD 81,418 in 2019, against net losses of KWD 1.45 million in 2018. Turning into profitability was supported …
The firm turned to loss in 9M/19
12 November 2019 09:00 PM Al Masaken International’s loss deepens in Q3-19
Mubasher: Al Masaken International Real Estate Development has reported a 95% year-on-year loss hike during the third quarter of the fiscal year 2019. The company’s loss nearly doubled to KWD 68,450 in Q3-19, compared to KWD 35,170 in the year-ago …
Al Masaken International turns to losses in Q2
6 August 2019 09:18 AM Al Masaken International turns to losses in Q2
Mubasher: Al Masaken International Real Estate Development, listed on Boursa Kuwait, reported it has turned to losses in the second quarter of 2019. Losses totaled KWD 59,360 ($159,670) in Q2-19, against a profit of KWD 38,210 ($125,960) in the …
Al Masaken posted a rise of 72.1% in Q4 losses
3 March 2019 09:49 AM Al Masaken International incurs KWD 1.5m loss in FY18
Mubasher: Al Masaken International Real Estate Development registered an increase of 97.6 in losses during fiscal year 2018 compared to the previous year.  Losses deepened to KWD 1.45 million ($4.78 million) in FY18 from around KWD 733,670 ($2.42 …
The financial impact of this murabaha contract cannot be determined currently
14 October 2018 10:58 AM Al Masaken inks KWD 5m murabaha deal with Boubyan Bank
Mubasher: Al Masaken International Real Estate Development has signed a financing agreement, murabaha, with Boubyan bank at a value of KWD 5.28 million ($17.5 million). The financial impact of this murabaha contract cannot be determined in the …
The contract is valued at $11.3 million
10 October 2018 05:28 PM Al Masaken International inks KWD 3.4m deal
Mubasher: Al Masaken International Real Estate Development announced it has signed a contracting agreement to build a residential tower in Mahboula town, Kuwait. The contract is valued at KWD 3.42 million ($11.3 million), according to a bourse …
Losses shrank to about KWD 733,670 ($2.45 million) in FY17
26 March 2018 04:16 PM Al Masaken losses shrink 62% in FY17
Mubasher: Al Masaken International Real Estate Development registered a decline of 62.2% in losses during fiscal year 2017 compared to the prior fiscal year. Losses shrank to about KWD 733,670 ($2.45 million) in FY17 from KWD 1.94 million ($6.48 …
The financial impact from exiting this asset will be a profit of KWD 120,000
20 June 2017 02:04 PM Al Masaken exits KWD 1.62m asset
Kuwait – Mubasher: Al Masaken International Real Estate Development has sold a property worth KWD 1.62 million ($5.33 million), according to a bourse filing issued on Tuesday. The financial impact from exiting this asset will be a profit of KWD …
Losses decreased in 2016 by 491% compared to 2015 - (Photo Credit: Arabianeye-Reuters)
31 January 2017 02:42 PM Masaken widens losses in Q4
Kuwait - Mubasher: Al Masaken International Real Estate Development Company reported an increase in losses by 1400% in the fourth quarter of 2016 compared to the same period in the year before. According to the company’s statement to Boursa Kuwait …
Losses reached about KWD 175,900 in Q3-16 (Photo Credit: Arabianeye-Reuters)
8 November 2016 03:17 PM Al Masaken suffers losses in Q3
Kuwait – Mubasher: Al Masaken International Real Estate Development suffered losses during the third quarter of 2016 against profits registered in the same quarter a year ago. Losses reached about KWD 175,900 ($580,390) in Q3-16 versus profits …
(Photo Credit: Arabianeye-Reuters)
6 November 2016 01:18 PM Al Masaken, Salhia Real Estate to disclose Q3 financials on 8, 9 November
Kuwait – Mubasher: Al Masaken International Real Estate Development’s board will meet on 8 November to announce the financial statements for the third-quarter and nine-month periods of 2016. The company posted losses worth KWD 74,480 in Q2 against …
Photo Credit: Arabianeye-Reuters
28 March 2016 11:53 AM Al Masaken International’s Q4 financials turn negative
Kuwait-Mubasher: Al Masaken International Real Estate Development posted losses worth around KWD 700,680 ($2.3 million) in the fourth quarter of 2015, against profits worth nearly KWD 555,900 ($1.8 million) in the same period of 2014. Similarly, …
Archive photo: Masaken website
7 January 2016 00:04 PM Masaken to reduce capital by cash payment
Kuwait-Mubasher: Al Masaken International Real Estate Development said it will decrease its capital through a cash payment of 50% to each shareholder based on the stake they own in the company. The Kuwaiti company said that the capital reduction …
Photo Credit: Arabianeye-Reuters
5 January 2016 00:09 PM Al Masaken’s board approves KWD 10m capital reduction
Kuwait-Mubasher: Board members of Al Masaken International Real Estate Development agreed on decreasing the capital to KWD 10 million distributed on 100 million shares with a nominal value of 100 fils a share, down from KWD 20 million distributed …
Photo Credit: Arabianeye-Reuters
28 December 2015 00:38 PM Al Masaken International to exit unit for Acico
Kuwait-Mubasher: Al Masaken International Real Estate Development has agreed on selling its entire stake in Al Masaken United Real Estate to Acico Group for KWD 9 million, according to a bourse statement. Al Masaken International owns 43% in Al …
Photo Credit: Arabianeye-Reuters
26 April 2015 11:37 AM Al-Masaken to discuss board proposal 7 May
Al-Masaken International Real Estate Development will hold its ordinary and extraordinary general meetings on 7 May to review the board’s proposal of paying 6 fils per share for the fiscal year ended 31 December, 2014.Some articles of the …
Photo Credit: Arabianeye-Reuters
11 March 2015 08:46 AM Al-Masaken earnings up 3.5% in FY14
Al-Masaken International Real Estate Development recorded a rise by 3.5% in its earnings during the fiscal year 2014.The firm’s net profit totaled KWD 1.47 million (about $4.91 million) in 2014, compared to KWD 1.42 million (about $4.75 million) …
Photo Credit: Arabianeye-Reuters
10 March 2015 07:25 AM Traders to see key events by KSE-listed firms
Kuwait Stock Exchange (KSE) investors are expecting main events on Tuesday, 10 March, regarding several KSE-listed companies.The ordinary general meeting (OGM) of Independent Petroleum Group (IPG) will discuss a recommended cash dividend of 25% or …
17 November 2014 02:19 PM Masaken says it will buy a land plot worth KWD6.4m
Al Masaken International Real Estate Development stated that it is on doorsteps of purchasing land plot in Kuwait worth of KWD6.4 million ($22 million).The company noted in a bourse statement, that the land plot set forth will be …
7 August 2014 00:01 PM Kuwait's Al Masaken board to discuss financials August 13
Al Masaken International Real Estate Development said it will hold board's meeting on August 13, 2014 at 1pm.The meeting will look in to the company's financial statements for H1-FY14.Masaken posted KWD 1.417 million profit for the fiscal …
6 September 2012 09:59 AM Al Masaken sends clarification on 99% partnership
Kuwait Stock Exchange (KSE) announced receiving a clarification from Al Masaken International Real -Estate Development Company. The KSE-listed company said that in compliance with disclosure and transparency regulations, the company is in the process