Al Mowasat HealthCare Co KSC (MHC) News - Mubasher Info
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Al Mowasat HealthCare Co KSC

Last update: 28 September 2017 00:38 PM market time.
400.00
-80.00
-17.00%
Open 402.00
Previous Close 480.00
High 450.00
Low 400.00
Stock Statistics
Volume 33,988
Turnover 13,596.00
All data are 15 minutes late during market session

News

(Photo Credit: Company website)
26 April 2017 11:31 AM Al Mowasat profits up 40% in Q1
Kuwait – Mubasher: Al Mowasat Healthcare on Wednesday reported a 40.2% increase in net profits in the first quarter of 2017, compared to the same quarter in 2016. Net profit reached KWD 1.92 million ($6.29 million) in Q1-17, compared to KWD 1.37 …
(Photo Credit: Company website)
2 April 2017 05:29 PM Al Mowasat approves 20 fils/shr cash dividends
Kuwait - Mubasher: The ordinary general meeting (OGM) of Al Mowasat Healthcare Company approved distributing cash dividends of 20% of its capital or 20 fils per share for 2016. Total dividends equal KWD 2.03 million and will be distributed to …
Photo Credit: Arabianeye-Reuters
13 March 2017 09:31 AM Al-Mowasat to discuss FY16 dividend
Mubasher: Al-Mowasat Healthcare Company will hold its ordinary general meeting (OGM) on 2 April to consider the board’s recommendation of distributing cash dividends for fiscal year 2016. The company will pay cash dividends worth 20% of …
Photo Credit: Arabianeye-Reuters
26 January 2017 03:38 PM Al Mowasat Health Care Q4 profits surge 114.3%
Mubasher: Al Mowasat Health Care achieved KWD 1.8 million ($5.9 million) worth profits during the fourth quarter of 2016, compared to KWD 840,000 ($2.75 million) in Q4-15; a growth of 114.3%. During the fiscal year of 2016, earnings totaled KWD …
Nafais has bought 1.26 million shares in Al Mowasat (Photo Credit: Arabianeye-Reuters)
29 December 2016 03:21 PM Nafais raises stake in Al Mowasat
Kuwait – Mubasher: Nafais Holding has raised its stake in Al Mowasat Health Care by over 0.005% to become 49.16%. Nafais has bought 1.26 million shares in Al Mowasat, according to a bourse filing issued on Thursday. On the stock level, Al Mowasat …
Photo Credit: Arabianeye-Reuters
19 December 2016 03:19 PM Al Mowasat approves delisting from Boursa Kuwait
Kuwait – Mubasher: The shareholders of Al Mowasat Health Care have approved the voluntary withdrawal from Boursa Kuwait, according to a bourse statement issued on Monday. On 28 August, the Capital Markets Authority (CMA) rejected the company’s …
Headquarters of KSE (Photo Credit: Arabianeye-Reuters)
1 December 2016 09:23 AM Al Mowasat to discuss delisting mid-December
Kuwait – Mubasher: Al Mowasat Health Care has decided to reschedule its ordinary general meeting to be on 19 December instead of 8 December, which will be a holiday on the occasion of Prophet Muhammed's birthday. The shareholders will discuss the …
The company’s board recommended to the OGM on 23 October the withdrawal from the bourse (Photo Credit: Company Website)
20 November 2016 11:00 AM Al Mowasat OGM to discuss delisting early December
Kuwait – Mubasher: Al Mowasat Health Care’s (MHC) ordinary general meeting (OGM) will discuss on 8 December the voluntary withdrawal from the Kuwait Stock Exchange (KSE), according to a statement. The company’s board recommended to the OGM on 23 …
Kuwait Stock Exchange (Photo Credit: Arabianeye-Reuters)
23 October 2016 00:09 PM Al Mowasat board proposes delisting from KSE
Kuwait – Mubasher: Al Mowasat Health Care said that its board members recommended, to the ordinary general meeting, a voluntary withdrawal from Kuwait Stock Exchange (KSE). The company clarified that the delisting decision was due to lower trading …
earnings per share stood at 26.79 fils in 9M-16 (Photo Credit: Arabianeye-Reuters)
23 October 2016 08:57 AM Al Mowasat Q3 profits fall 32% YoY
Kuwait – Mubasher: Al Mowasat Health Care posted a decline of 32% year-on-year in profits during the third quarter of 2016 as compared to the same period a year ago. Earnings amounted to nearly KWD 372,730 ($1.23 million) in Q3-16 as compared to …
Four transactions out of the eight were executed on the banks- (Photo Credit: Arabianeye-Reuters)
7 September 2016 02:17 PM Tadawul sees 8 special transactions worth SAR 53.7m Wednesday
Riyadh – Mubasher: The Saudi Stock Exchange (Tadawul) witnessed eight special transactions on 1.5 million shares at a total value of SAR 53.7 million on Wednesday. Four of the transactions were executed on banks, according to a bourse filing. …
The board had proposed the delisting on 14 January (Photo Credit: Arabianeye-Reuters)
28 August 2016 00:16 PM CMA rejects Al Mowasat delisting from KSE
Kuwait – Mubasher: The Capital Markets Authority (CMA) in Kuwait has declined the voluntary withdrawal for Al Mowasat Health Care from Kuwait Stock Exchange (KSE). The rejection was due to core changes about the company’s administrative position, …
The bank's profits rise 20.5% to KWD 2.35 million in H1-16 (Photo Credit: Company Website)
26 July 2016 03:12 PM Al Mowasat posts lower profits in Q2
Kuwait-Mubasher: Al Mowasat Health Care posted a 9.3% decline year-on-year in its profits during the second quarter of 2016, according to a bourse statement. Profits reached KWD 979,140 ($3,220) in Q2-16, compared to KWD 1.08 million ($3.55 …
Nafais owns 47.8% as a direct stake in Al Mowasat’s capital (Photo Credit: Arabianeye-Reuters)
9 June 2016 01:15 PM Nafais reveals ownership stakes in Al Mowasat
Kuwait-Mubasher: Nafais Holding announced its direct and indirect ownership percentages in Al Mowasat Health Care, according to a bourse statement. Nafais owns 47.8% as a direct stake in Al Mowasat’s capital, and has a stake of 36% in United …
Photo Credit: Al Mowasat's website
21 April 2016 09:22 AM Al Mowasat profits mount in Q1
Kuwait-Mubasher: Al Mowasat Health Care reported a 57.8% rise year-on-year in its quarterly profits, according to a bourse statement. Profits reached KWD 1.37 million ($4.54 million) in the first quarter of 2016, compared to KWD 868,320 ($2.88 …
Al Mowasat Health Care’s OGM approve 15% dividends (Photo Credit: Arabianeye-Reuters)
4 April 2016 01:19 PM Al Mowasat’s shareholders approve FY15 dividends, delisting
Kuwait-Mubasher: Al Mowasat Health Care’s ordinary general meeting (OGM) agreed on distributing 15% cash dividends of capital or 15 fils per share, according to a statement. During the fiscal year 2015, the Kuwait-listed firm achieved profits …
Photo Credit: Arabianeye-Reuters
8 February 2016 10:56 AM KFH raises stake in Alafco – Al Joman Center
Kuwait-Mubasher: Al-Joman Center for Economic Consultancy said that Kuwait Stock Exchange showed ten equity changes during the week ended 4 February, as Kuwait Investment Authority increased its stake in Warba Bank by 1.2% to 25.2% from 24%. …
Archive photo: Al Mowasat Health Care Website
19 January 2016 09:13 AM Al Mowasat: weak trading activity, governance cause delisting
Kuwait-Mubasher: Al Mowasat Health Care clarified that the delisting decision resulted in since traded shares are weaker in number than the issued shares, according to a bourse statement. The low trading activity of the stock shows no need for the …
Photo Credit: Arabianeye-Reuters
17 January 2016 09:30 AM Mowasat FY15 profits grow 66%; board OKs delisting
Kuwait-Mubasher: Al Mowasat Health Care achieved an increase of 66.2% in profits for fiscal year 2014/15 as compared to a year earlier. The company posted KWD 3.34 million ($10.97 million) earnings, compared to KWD 2.01 million ($6.6 million). The …
Photo archive: Al Mowasat Website
13 January 2016 10:02 AM Al Mowasat to consider delisting from KSE
Kuwait-Mubasher: Al Mowasat Health Care will hold a board meeting on Thursday to discuss a voluntary withdrawal from the Kuwait Stock Exchange (KSE), according to a bourse statement. The board will also review the estimated and consolidated …
Photo Credit: Arabianeye-Reuters
27 October 2015 09:27 AM Al Mowasat 9M profits soar 47%
Kuwait-Mubasher: Al Mowasat Health Care reported KWD 2.5 million ($8.25 million) in profits of the nine-month period of 2015 as compared to KWD 1.7 million ($5.61 million) in the same period of 2014; a surge of 47% year-on-year. The company said …
Photo Credit: Arabianeye-Reuters
27 September 2015 00:55 PM Weekly changes in KSE equities - Al Joman report
Kuwait-Mubasher: Al Joman Center for Economic Consultancy issued a weekly report on changes in equity ownerships for companies listed on the Kuwait Stock Exchange for the three sessions held before Eid Al Adha break. Al Ahlia Insurance increased …
Photo Credit: Arabianeye-Reuters
14 September 2015 11:24 AM Al Mowasat defers delisting from KSE
Kuwait-Mubasher: Al Mowasat Health Care decided to postpone its withdrawal from the Kuwait Stock Exchange (KSE) until the end of the year, the company said in a bourse statement. Al Mowasat will consider proceeding with the delisting after …
Photo Credit: Arabianeye-Reuters
7 September 2015 02:10 PM Al Mowasat to study withdrawal from KSE
Kuwait-Mubasher: Al Mowasat Health Care will hold a board meeting on Thursday to consider the voluntary delisting of the company’s shares from the Kuwait Stock Exchange (KSE), the company said in a bourse filing. The health care firm has a capital …
Photo Credit: Arabianeye-Reuters
3 August 2015 08:51 AM KFH changes stake in 2 firms
Kuwait Stock Exchange’s equity ownership showed changes in three listed companies, as Kuwait Finance House (KFH) increased its stake in A'ayan Leasing and Investment Company to 8.312% from 7.037%. Meanwhile, KFH decreased its stake in First …