National Industries Company K.S.C. (NICBM) News - Mubasher Info
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16 May 04:44 AM

National Industries Company K.S.C. (NICBM`R)

Last update: 14 May 12:59 PM market time.
246.00
56.00
29.47%
Open 247.00
Previous Close 190.00
High 248.00
Low 246.00
Stock Statistics
Volume 73,566
Turnover 18,185.37
All data are 15 minutes late during market session

News

Photo Archive
10 November 2020 03:04 PM National Industries’ KSA unit sells lands for SAR 26.7m
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 …
Companies Investments
The company’s total operating revenue slid to KWD 48.27 million
17 March 2020 04:19 PM National Industries posts 8% profit rise in 2019; dividends proposed
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, …
Financial Results
Net profits reached KWD 850,000 ($2.8 million) in Q2-19
5 August 2019 04:00 PM National Industries’ profits fall 50% in Q2
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 …
Financial Results
NIC’s profits reached KWD 1.77 million in Q1-19
13 May 2019 09:56 AM National Industries’ profit rises 37% in Q1
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 …
Financial Results
The company’s shareholders elected a new board for a three-year term
27 March 2019 05:44 PM National Industries’ shareholders consent to 10 fils per-share dividends
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 …
Cash Dividends
National Industries closed Wednesday’s session at 189 fils
20 February 2019 04:06 PM National Industries FY18 profits soar 23%; dividends proposed
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 …
Financial Results
National Industries announced that a foreign company has been awarded a complementary joint venture agreement with an additional value of KWD 19.5 million.
22 January 2019 05:59 PM National Industries awards KWD 19.5m contract to foreign partner
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 …
Companies Investments
National Industries closed Tuesday’s session at 170 fils
30 October 2018 04:42 PM Court orders National Industries to pay $1.8m
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 …
Law
The incline in H1 earnings is attributed to higher sales
30 July 2018 04:32 PM National Industries records higher profits in Q2, H1
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 …
Financial Results
The company will pay 8 fils per share as dividends for FY17
4 April 2018 03:02 PM National Industries nods to FY17 dividends
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 …
Board of Directors
Photo Credit: Arabianeye-Reuters
21 May 2017 02:29 PM National Industries nods to FY16 dividends
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 …
Cash Dividends
Photo Credit: Arabianeye-Reuters
7 May 2017 11:44 AM National Industries to discuss dividends, capital hike
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 …
Cash Dividends
Photo Credit: Arabianeye-Reuters
16 March 2017 03:47 PM National Industries incurs losses in Q4, proposes dividend
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 …
Board of Directors
The company recorded KWD 828,843 ($2.7 million) in Q3-16- (Photo archive)
14 November 2016 03:14 PM NIC Q3 profits down 57% on lower sales
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 …
Financial Results
Photo Credit: Arabianeye-Reuters
21 April 2016 01:09 PM National Industries’ shareholders approve 20% dividends
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 …
General Assembly
Photo Credit: Arabianeye-Reuters
3 March 2016 03:17 PM National Industries Q4 profits fall; dividends proposed
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 …
Financial Results
Photo Credit: Arabianeye-Reuters
10 November 2015 02:31 PM NIC sales push 9M profits to rise 16%
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 …
Financial Results
Photo Credit: Arabianeye-Reuters
21 July 2015 10:46 AM NIC's general manager steps down
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 …
Company News
Photo Credit: Arabianeye-Reuters
8 July 2015 11:52 AM National Industries stock hits 18M high
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.
Company News
Photo Credit: Arabianeye-Reuters
11 May 2015 02:53 PM Kuwait’s National Industries Q1 profits up to $6.6m
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 …
Financial Results
Photo Credit: Arabianeye-Reuters
27 April 2015 00:08 PM National Industries to pay 15 fils/shr as of 30 April
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 …
Financial Results
Photo Credit: Arabianeye-Reuters
23 April 2015 11:58 AM National Industries halts expansion in Egypt, Libya
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 …
Company News
Photo Credit: Arabianeye-Reuters
23 April 2015 11:34 AM National Industries to pay 15 fils/shr
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 …
Financial Results
Photo Credit: Arabianeye-Reuters
23 April 2015 08:20 AM Investors of 8 KSE-listed firms await key events
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 …
Event
Photo Credit: Arabianeye-Reuters
9 March 2015 09:32 AM National Industries board proposes 15% cash dividends
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 …
Company News