Palms Agro Production (PAPCO)

Mubasher: Palms Agro Production’s ordinary general meeting (OGM) approved to distribute a cash dividend of 10 fils per share, representing 10% of the share’s nominal value, to shareholders for the full fiscal year 2018 after deducting treasury …

Mubasher: The ordinary general meeting (OGM) of Palms Agro Production increased the board’s recommendation of cash dividends for fiscal year 2017. The shareholders raised FY17 dividends to be 10% instead of 5% of the capital, according to a bourse …

Mubasher: Palms Agro Production has suffered losses worth about KWD 518,720 ($1.74 million) in fiscal year 2017 against profits of nearly KWD 645,500 ($2.16 million) in the previous fiscal year. The negative turn in FY17 financials is attributed …

Kuwait – Mubasher: Palms Agro Production reported on Sunday a net profit of KWD 94,030 ($309,400) for the third quarter of fiscal 2016, 11.7% down from KWD 106,450 ($350,300) for Q3-15. Net profit for the first nine months of 2016 declined 27.9% …

Kuwait – Mubasher: Palms Agro Production registered a decline of 49.4% in profits of the second quarter this year as compared to the same period last year. Earnings reached nearly KWD 189,600 ($627,150) in Q2-16 versus about KWD 374,920 ($1.24 …

Kuwait-Mubasher: The ordinary general meeting of Palms Agro Production agreed on distributing 10% cash dividends of the capital or 10 fils per share, according to a recent statement. The KSE-listed firm clarified that the approved dividends will …

Kuwait-Mubasher: Palms Agro Production received an approval from Kuwait’s Central Tenders Committee regarding a KWD 2.4 million ($7.97 million) tender, the company said in a bourse filing. The three-year contract will be effective starting from …

Kuwait-Mubasher: Palms Agro Production reported profits worth nearly KWD 299,700 ($994,900) in the fourth quarter of 2015, 194.4% higher from about KWD 101,800 ($337,900) in Q4-14, according to a statement. The company posted earnings worth KWD …

Palms Agro Production will commence on 8 June the distribution of cash dividend of 10% or 10 Kuwaiti fils per share.The Kuwaiti listed firm is capitalised at KWD 5.24 million, distributed across 52.4 million shares at 100 Kuwaiti fils par value …

Palms Agro Production Company recorded a plunge of 25.9% in its earnings of the fiscal year 2014, as it posted a net profit of around KWD 470,000 ($1.57 million) in 2014 compared to nearly KWD 634,60 ($2.11 million) in 2013.The board of directors …