Al Massaleh Real Estate Co K.S.C

Mubasher: Al Massaleh Real Estate reported lower losses by 27% on an annual basis over the fiscal year (FY) ended on 31 December 2019. The losses amounted to KWD 1.69 million (about $5.39 million) by 2019 year-end, compared to KWD 2.31 million …

Mubasher: The financial statements of Al Massaleh Real Estate indicated a 93.4% year-on-year decline in losses in the second quarter of 2019. The losses of the period amounted to around KWD 84,440 ($278,170), compared to KWD 1.28 million ($4.22 …

Mubasher: The annual general meeting (AGM) of Al Massaleh Real Estate has approved the board’s proposal of cutting the company’s accumulated losses of KWD 17.3 million by KWD 12 million, according to a statement to Boursa Kuwait on Sunday. The …

Mubasher: Kuwait-based Al Massaleh Real Estate reported a 12% year-on-year decrease in losses during fiscal year 2018. The company’s losses totalled KWD 2.32 million ($7.65 million) during FY18, down from KWD 2.63 million ($8.67 million) in the …

Mubasher: Boursa Kuwait has suspended trading activities on the stocks of Ithmaar Holding, Yiaco Medical, and Al Massaleh Real Estate. The suspension came after the losses of these firms surpassed 75% of their capital, the bourse said in a …

Mubasher: Trading on the stocks of Commercial Facilities, Ream Real Estate Co, Al Mudon International Real Estate (Al Mudon), Mushrif Trading and Contracting, and Ajwan Gulf Real Estate has been suspended until announcing their earnings statements …

Mubasher: Al Massaleh Real Estate on Monday reported a 52.1% year-on-year rise in losses during the fourth quarter of 2018. The firm’s losses amounted to KWD 2.14 million ($7.05 million) during Q4-18, up from KWD 1.41 million ($4.64 million) in …

Mubasher: The Commercial Bank of Kuwait (CBK) has signed an agreement to settle an indebtedness and legal cases with Al Massaleh Real Estate over credit facilities provided by the CBK and have already reached maturity date. The settlement …

Mubasher: Al Massaleh Real Estate incurred an increase of 135% in losses to KWD 1.41 million ($4.72 million) in the fourth quarter of 2017 compared to KWD 600,000 ($2.01 million) in the same period in the previous year. During fiscal year 2017, …

Mubasher: Al Massaleh Real Estate posted an increase of 946.7% in losses during the second quarter of 2017 compared to the same period a year ago. Losses deepened to about KWD 548,040 ($1.82 million) in Q2-17 from approximately KWD 52,360 …

Kuwait – Mubasher: Al Massaleh Real Estate Company trimmed its losses in the fourth quarter of 2016 by 90.9%, compared to the corresponding period in 2015. Al Massaleh’s losses amounted to KWD 599,930 ($1.97 million) during Q4-16 compared to KWD …

Kuwait – Mubasher: Al Massaleh Real Estate achieved profits in the third quarter of 2016 against losses in the same period a year ago. Net earnings reached about KWD 10,949 ($135,940) in Q3-16 versus losses of approximately KWD 152,269 ($499,900) …

Kuwait – Mubasher: Abyaar Real Estate Development Company, Al Massaleh Real Estate, and Privatization Holding announced on Sunday that their board meetings will be held on Tuesday, 15 November, to release the financial statements for the third …

Kuwait - Mubasher: Al Massaleh Real Estate announced on Wednesday the launching of the new 40-storey Massaleh Tower, the tallest luxury residential complex in Kuwait, according to the company’s press release. “We are very proud to add the new …

Kuwait - Mubasher: Al Massaleh Real Estate Company reported a 93% year-on-year decline in losses in the second quarter of 2016, according to a bourse filing on Tuesday. Net losses recorded in Q2-16 equalled KWD 52,370 ($173,300), compared to KWD …

Kuwait-Mubasher: Al Massaleh Real Estate posted losses worth KWD 6.55 million ($21.65 million) in the fourth quarter of 2015, compared to KWD 822,000 ($2.72 million) in Q4-14. The KSE-listed company suffered losses worth KWD 7.39 million ($24.48 …

Kuwait-Mubasher: Al Massaleh Real Estate posted losses of around KWD 837,800 ($2.75 million), compared to about KWD 92,900 ($305,290) in the same period of 2014; an increase of 802%. The company said in a bourse filing that evaluating investments …

Kuwait-Mubasher: Al Massaleh Real Estate said Tuesday its losses surged as much as 842% to KWD 688,730 in the first half of 2015, due to decreased fair value for certain investments as shown in the income statement. The company reported losses of …

Shareholders of Al Massaleh Real Estate company approved withholding dividend payout for 2014, according to a filing to the Kuwaiti bourse.The Kuwaiti-listed company has seen its losses shrink as much as90% in 2014, reaching KWD 914,900 against …

Al-Massaleh Real Estate’s losses totaled about KWD 914,900 ($3.04 million) in 2014, compared to KWD 9.27 million ($30.8 million) in 2013, registering a decrease of 90%.The real estate firm posted losses worth around KWD 822,000 in Q4-2014, …

Al Massaleh Real Estate announced its financials for the first nine months of 2014, reported a loss of KWD 92.9 THD ($318.6 THD) against a loss of KWD 959.6 THD ($3.3 million) during the same period in 2013, registering decline in …

Al-Massaleh Real Estate, a leading Kuwait-based development company, launched its project Saifi Crown in Lebanon. The project includes 23 floors and integrates Roman ruins discovered and preserved within the edifice, …

Al Massaleh Real Estate reported interim financial statements for H1-FY14 that reflected KWD 73.1 thousands net loss, against KWD 510.2 thousands loss in the corresponding period of previous year.The company's net loss retreated by …