National Industries K.S.C. (NICBM)

Mubasher: National Industries Company, listed on Boursa Kuwait, has received a notification letter from its 50%-owned subsidiary, Saudi Insulated Block Co, stating that it sold 14 land plots in Jeddah for SAR 26.7 million (approx. KWD 2.17 …

Mubasher: National Industries Company reported an 8.1% year-on-year (YoY) profit growth during 2019. The Kuwaiti firm’s net profits rose to KWD 4.29 million (nearly $13.93 million) last year from KWD 3.97 million (around $12.89 million) in 2018, …

Mubasher: National Industries Company reported a 49.7% year-on-year profit drop during the second quarter of 2019. Net profits reached KWD 850,000 ($2.8 million) in Q2-19, compared to KWD 1.69 million ($5.59 million) in Q2-18, according to the …

Mubasher: Kuwait-based National Industries Company (NIC) reported a 37% year-on-year increase in profits during the first quarter of 2019. NIC’s profits reached KWD 1.77 million in Q1-19, compared to KWD 1.29 million during Q1-18, according to a …

Mubasher: National Industries’ general assembly has approved the distribution of 10 fils per share in cash dividends. The company’s shareholders elected a new board for a three-year term, according to a bourse statement released on Wednesday. The …

Mubasher: The Boursa Kuwait-listed National Industries registered an increase of 23.3% during fiscal year 2018 compared to the prior year. Earnings increased to KWD 3.97 million in FY18 from KWD 3.22 million in FY17, according to a bourse …

Mubasher: National Industries announced that a foreign company has been awarded a complementary joint venture agreement with an additional value of KWD 19.5 million. The foreign partner signed contracts worth KWD 45.5 million, the company said in …

Mubasher: National Industries announced that the court of appeal has ordered the company to pay $1.87 million to Kuwait Petroleum Corporation (KPC). Kuwait’s court of appeal has reduced the amount to be paid to KPC from $9.34 million, according to …

Mubasher: National Industries achieved a surge of 293% in profits during the second quarter of 2018 compared to the same period in the previous year. Earnings increased to KWD 1.69 million ($5.6 million) in Q2-18 from about KWD 430,000 ($1.42 …

Mubasher: The ordinary general meeting (OGM) of National Industries approved the board’s recommendation to distribute 8% of the capital as a cash dividend for fiscal year 2017. The company will pay 8 fils per share as dividends for FY17 to the …

Kuwait – Mubasher: The ordinary general meeting (OGM) and extraordinary general meeting (EGM) of National Industries approved distributing 10% of capital as cash dividends. The company will pay 10 fils per share to the entitled shareholders for …

Kuwait - Mubasher: National Industries will hold its ordinary general meeting (OGM) on 21 May to consider distributing 10% of capital or 10 fils per share as cash dividends for fiscal year 2016. The shareholders will discuss raising the capital by …

Mubasher: National Industries suffered losses of KWD 2.72 million ($8.88 million) during the fourth quarter of 2016 against profits of KWD 884,000 ($2.89 million) in the same period of 2015. During the fiscal year, earnings decreased by 90.1% to …

Kuwait – Mubasher: National Industries Company's (NIC) profits retreated 57.24% year-on-year in the third quarter of 2016. The company recorded KWD 828,843 ($2.7 million) in Q3-16, compared to KWD 1.938 million ($6.4 million), according to a …

Kuwait-Mubasher: The ordinary general meeting of National Industries agreed on distributing 20% cash dividends or 20 fils per share for the fiscal year 2015, according to a statement. During the fiscal year, the Kuwait-listed firm achieved a …

Kuwait-Mubasher: National Industries announced a 38.2% decline in profits for the fourth quarter in 2015 as compared to Q4-14, the company said in a bourse statement. The KSE-listed company posted profits worth about KWD 884,100 ($2.94 million) in …

Kuwait-Mubasher: Profits of National Industries Company (NIC) grew 16.3% to KWD 6.9 million ($22.7 million) in the first nine months of 2015, compared to KWD 5.93 million ($19.4 million) in the corresponding period of 2014. In Q3, earnings dropped …

Kuwait – Mubasher: National Industries Company’s (NIC) board said Tuesday it approved the resignation of General Manager Saud Abdulla Al-Farhan, who will leave his office on 31 July. The resignation came on the back of personal issues, said the …

Kuwait – Mubasher: National Industries (NIG) shares notched its highest level in 18 months in Wednesday’s early trades. Earlier, the Kuwaiti multinational conglomerate denied the about signing a debt settlement agreement with a local bank.

National Industries’ earnings grew 11.6% in the first quarter, soaring to KWD 2.01 million ($6.6 million) in Q1-15 from KWD 1.8 million ($5.9 million) in Q1-14.The company’s earnings per share inched up to 5.75 fils in Q1-15 from 5.17 fils in …

National Industries will start paying 15% cash dividends or 15 fils a share, on 30 April, for the fiscal year ended 31 December, 2014.The company posted earnings surged to KWD 7.36 million ($24.6 million) in 2014 from about KWD 512,600 ($1.7 …

By: Ahmad AwadKuwait-Mubasher: National Industries froze its plans to expand in Egypt and Libya due to the political status quo, said chairman Adel Al-Sobeh.Al-Sobeh added that the company seeks to increase the capital of its subsidiary, National …

By: Ahmad AwadKuwait-Mubasher: National Industries’ ordinary general meeting agreed on distributing 15% cash dividends or 15 fils per share for the fiscal year 2014.The firm posted earnings worth KWD 7.36 million ($24.6 million) in 2014, compared …

Shareholders of eight companies listed on KSE are anticipating major events on 23 April, as National Industries’ ordinary general meeting (OGM) will consider the board’s proposal of paying a cash dividend of 15% or 15 fils per share for the fiscal …

National Industries Company (NIC) posted a growth of 1335% in its earnings for the fiscal year of 2014.The firm’s net profit totaled KWD 7.36 million (about $24.6 million) in 2014, compared to around KWD 512,600 (about $1.7 million) in 2013.NIC …