Osoul Investment (OSOUL) News - Mubasher Info
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13 August 11:47 AM

Osoul Investment (OSOUL`R)

Last update: 10:59 AM market time.
245.00
95.00
63.33%
Open 251.00
Previous Close 150.00
High 251.00
Low 245.00
Stock Statistics
Volume 156,150
Turnover 38,796.34
All data are 15 minutes late during market session

News

Osoul will pay a remuneration of KWD 37,000 to board members
6 May 2020 10:05 AM Osoul Investment approves 2019 dividends
Mubasher: Osoul Investment’s general assembly agreed to the proposed cash dividend distribution of 12 fils per share or 12% of the share’s nominal value for fiscal year (FY) 2019. The distributions will be matured to the shareholders registered on …
Board of Directors
Earnings fell by 26% in Q4-19
24 March 2020 03:19 PM Osoul Investment records 161% higher profit in FY19; dividends proposed
Mubasher: The net profit of Osoul Investment jumped by 161% year-on-year (YoY) in fiscal year (FY) 2019, recording KWD 1.83 million when compared to KWD 702,666 in 2018, the company's annual financial statements showed. The increase in annual …
Cash Dividends
Osoul Investment will generate profits of KWD 15,000 from thje deal
24 December 2019 10:24 AM Osoul Investment’s unit to sell KWD 1.32m property in Hawally
Mubasher: Osoul House Real Estate, a 99%-owned subsidiary of Osoul Investment Company, signed on Sunday a KWD 1.32 million primary contract to sell a property in Hawally region in Kuwait. The buyer paid KWD 40,000 as down payment, according to a …
Companies Investments
Quarterly profits amounted to KWD 147,600
12 November 2019 01:20 PM Osoul Investment profits down 61% in Q3
Mubasher: Osoul Investment reported a 61.3% drop in profits in the third quarter (Q3) of the year, according to a bourse filing. Quarterly profits amounted to KWD 147,600 ($486,760) in Q3-19, down from KWD 381,440 ($1.26 million) in Q3-18. As for …
Financial Results
Osoul’s profits amounted to nearly KWD 950,000 in Q1-19
8 August 2019 11:59 AM Osoul Investment sees 74% rise in Q2-19 profits
Mubasher: Osoul Investment Company recorded a 74.4% year-on-year (YoY) increase in profits during the second quarter of 2019. Osoul posted profits of about KWD 498,000 ($1.64 million) during Q2-19, compared to nearly KWD 285,560 ($941.64 million) …
Financial Results
The buyer paid KWD 350,000 as a down payment to Osoul House
10 June 2019 01:24 PM Osoul Investment’s unit to sell KWD 3.5m property assets
Mubasher: Osoul Investment Company has said that its 99% subsidiary, Osoul House Real Estate, signed a contract to sell two properties in Salmiya region with a combined value of KWD 3.5 million. The buyer paid KWD 350,000 as a down payment to …
Companies Investments
Osoul will pump the proceeds in income-generating projects
23 May 2019 10:07 AM Osoul to offload unprofitable assets – CEO
Mubasher: Osoul Investment Company is seeking to offload unprofitable assets, the company’s CEO said. Osoul will pump the proceeds in income-generating projects, Suleiman Ahmed Al Omairi told the company’s general assembly held on Wednesday. Al …
Management Decisions
Osoul Investment’s profits slumped 30.4% to KWD 702,670 in 2018
27 March 2019 01:11 PM Osoul Investments reports 33% loss hike in Q4
Mubasher: Osoul Investment on Wednesday posted a 33.1% year-on-year increase in its losses during the fourth quarter in 2018. The company’s losses reached KWD 189,000 in Q4-18, up from KWD 142,000 ($468,800) during Q4-17, according to a bourse …
Management Decisions
Osos has a capital of KWD 10 million
6 February 2019 10:43 AM Osoul Investment buys equity in Osos
Mubasher: Osoul Investment has purchased 119,000 shares in Osos Holding Group Co, according to a bourse stateman on Wednesday. The transaction was executed at a value of 101 fils per share or a total of KWD 12,020 through the chairman of Osos who …
Trading Activities
Acquiring this stake was executed through the chairman of Osos
1 November 2018 02:40 PM Osoul acquires above 60,000 shrs in Osos
Mubasher: Osoul Investment announced that it has purchased an equity of nearly 62,340 shares in Osos Holding Group Co on Wednesday, according to a bourse filing on Thursday. Acquiring this stake was executed through the chairman of Osos that …
Companies Investments
Osoul is expected to realise an estimated profit of nearly KWD 35,400
23 October 2018 01:35 PM Osoul Investment inks initial deal to exit $5m asset
Mubasher: Osoul Investment has signed a preliminary contract to sell a residential unit in the US at a value of $5 million (KWD 1.52 million), according to a bourse disclosure on Tuesday. Signing the agreement was executed through the subsidiary …
Companies Investments
The investment has a total value of $3.62 million (KWD 1.1 million)
2 October 2018 04:03 PM Osoul generates profit from exiting investment in US
Mubasher: Osoul Investment announced that it recorded profits worth about $622,290 (KWD 188,300) from exiting an investment in the US. The investment has a total value of $3.62 million (KWD 1.1 million), according to a bourse disclosure on …
Companies Investments
Osoul bought this equity through Osos’ chairman
19 July 2018 02:31 PM Osoul Investment raises equity in Osos Holding
Mubasher: Osoul Investment has purchased about 428,780 shares in Osos Holding Group Co for a total of KWD 36,640 on Wednesday, 18 July. Osoul bought this equity through Osos’ chairman who represents Osoul in the board of directors, according to a …
Trading Activities
Osoul will distribute the dividends on 19 June
21 May 2018 09:51 AM Osoul Investment to pay 6% dividends for FY17
Mubasher: The ordinary general meeting (OGM) of Osoul Investment approved the board’s recommendation to distribute 6% of the capital as cash dividends for fiscal year 2017. The Boursa Kuwait-listed company will pay 6 fils per share as dividends, …
Board of Directors
A profit worth KWD 55,000 is expected to be realised from this contract
6 March 2018 03:18 PM Osoul to sell $5.2m asset in U.S.
Mubasher: Osoul Investment has signed a preliminary contract, through a company that is fully owned by Osoul in the U.S., to sell residential units in the States for a total value of $5.2 million ($1.56 million). A profit worth KWD 55,000 is …
Companies Investments
Osoul registered a decrease of 33.3% in earnings in Q1-17
30 July 2017 02:38 PM Osoul posts lower profits in Q2
Mubasher: Osoul Investment posted a decline of 20% in profits to about KWD 90,560 ($298,830) in the second quarter of 2017 compared to nearly KWD 113,220 ($373,600) in Q2-16. During the first six months this year, Osoul reported a drop of 29.9% in …
Financial Results
Osoul stock closed Tuesday’s session at 59 fils
13 June 2017 01:56 PM Osoul invests $3m in US asset
Kuwait – Mubasher: Osoul Investment has entered a consortium of investors to purchase a warehouse in Phoenix, Arizona, USA. Osoul has participated with $3 million (KWD 910,000) in this investment, according to a bourse statement issued on Tuesday. …
Companies Investments
Photo Credit: Arabianeye-Reuters
22 March 2017 10:34 AM Osoul Q4 losses narrow 51.9%
Mubasher: The losses of Osoul Investment shrank by 51.9% to total about KWD 171,880 ($562,620) during the fourth quarter of 2016 from nearly KWD 357,130 ($1.17 million) in the same period of 2015. During the fiscal year, the company achieved a …
Financial Results
Osoul could generate a profit of KWD 525,000 - (Photo Credit: Arabianeye-Reuters)
20 November 2016 02:08 PM Osoul gets KWD 3m after Osos capital cut
Kuwait - Mubasher: Osoul Investment Company announced on Sunday that it has received KWD 3.3 million from Osos holding’s capital decrease, according to the company’s statement to the Kuwait Stock Exchange (KSE). Osoul Investment previously said …
Companies Investments
Losses reached about KWD 93,790 (Photo Credit: Arabianeye-Reuters)
14 November 2016 10:38 AM Osoul suffers higher losses in Q3
Kuwait – Mubasher: Osoul Investment suffered a growth in losses by 54.5% during the third quarter of 2016 as compared to the same period a year ago. Losses reached about KWD 93,790 ($308,600) in Q3-16 when compared to around KWD 60,700 ($199,700) …
Financial Results
(Photo Credit: Arabianeye-Reuters)
16 October 2016 02:53 PM Osoul appoints tax consultant in KSA to calculate imposed taxes
Kuwait – Mubasher: Osoul Investment announced appointing tax consultant and a financial analyser in Saudi Arabia to calculate the tax imposed on the company in the Kingdom. The company said that it received on Sunday a notice from the Saudi …
Law
The financial impact will be registered in Osoul’s Q4 (Photo Credit: Arabianeye-Reuters)
5 October 2016 03:20 PM Osoul to get profit from Osos capital reduction
Kuwait – Mubasher: Osoul Investment would generate a profit of KWD 525,000 once Osos holding completes the procedures of capital decrease and receiving the value of the cancelled shares. The financial impact will be registered in Osoul’s financial …
Corporate Actions
Net profit reached KWD 113,220 ($374,500) in Q2-16 (Photo credit: Arabianeye - Reuters)
7 August 2016 04:19 PM Osoul posts lower profit for Q2
Kuwait – Mubasher: Osoul Investment Company reported on Sunday a year-on-year fall of 4.5% in its profits for the second quarter of fiscal 2016. Net profit reached KWD 113,220 ($374,500) in Q2-16, versus KWD 118,560 ($392,170) in Q2-15, according …
Financial Results
No financial impact will affect Osoul’s position (Photo Credit: Arabianeye-Reuters)
28 July 2016 10:32 AM Osoul buys KWD 2.5m residential properties in US
Kuwait – Mubasher: Osoul Investment has purchased two residential properties in Boston, US for KWD 2.545 million ($8.441 million). The Kuwaiti company clarified that no financial impact will affect Osoul’s position, according to a bourse filing …
Companies Investments
Photo Credit: Arabianeye-Reuters
8 March 2016 09:23 AM Osoul Investment losses narrow in Q4
Kuwait-Mubasher: Osoul Investment said its losses shrank in the fourth quarter by 25.7% as compared to the same quarter in 2014, according to a statement posted today. The Kuwaiti company’s losses stood at about KWD 357,100 ($1.19 million) in …
Financial Results