Kuwait Portland Cement (PCEM)

Mubasher: The board of Kuwait Portland Cement agreed to cut the proposed cash dividend distribution for fiscal year (FY) 2019 to KWD 4 million 40% of the company's capital from 75% or KWD 7.52 million. The decision was taken in light of the …

Mubasher: Kuwait Portland Cement reported a 26.4% profit decline to KWD 7.59 million ($24.88 million) in 2019 from KWD 10.32 million ($33.82 million) a year earlier. The company’s operating revenues amounted to KWD 85.23 million, falling by 19.5% …

Mubasher: Kuwait Portland Cement reported a 75% decrease in net profits during the third quarter (Q3) of the year. Profits reached KWD 605,600 ($2 million) in Q3-19 compared with KWD 2.42 million ($7.98 million) for Q3-18, as shown by the …

Mubasher: Kuwait Portland Cement reported a 0.7% year-on-year profit decline during the second quarter of 2019. Net profits registered KWD 1.52 million ($5 million) in Q2-19, compared to KWD 1.53 million ($5.03 million) in Q2-18, according to the …

Mubasher: Kuwait Portland Cement Company announced a 4.7% year-on-year rise in profits during the first quarter of 2019. Kuwait Portland’s profits amounted to KWD 4.05 million ($13.36 million) in Q1-19, up from KWD 3.87 million ($12.77 million) …

Mubasher: Kuwait Portland Cement Company’s ordinary general meeting (OGM) on Thursday approved distributing cash dividends worth KWD 10.02 million ($33 million) at 100 fils per share for the full fiscal year 2018. The eligibility of dividends, …

Mubasher: Kuwait Portland Cement has signed a KWD 113 million ($372 million) agreement with Kuwait Supply company for the supply of 500,000 tonnes of rebar. The agreement’s term was not determined and it will be effective until the delivery of the …

Mubasher: Kuwait Portland Cement recorded a net profit of KWD 2.49 million ($8.2 million) during the fourth quarter of 2018 compared to KWD 997,000 ($3.2 million) in the same period in 2017, a year-on-year surge of 150%. In fiscal year 2018, …

Mubasher: Kuwait Portland Cement on Monday posted a year-on-year profit decrease for the third quarter of 2018. Net profits amounted to KWD 2.4 million ($7.9 million) in Q3-18, compared to KWD 3.12 million ($10.3 million) in Q3-17, according to …

Mubasher: Kuwait Portland Cement said that the court has issued a primary ruling against the company in favour of Global Company. The primary ruling states that Portland Cement has to pay KWD 699,370 to Global, according to a bourse statement on …

Mubasher: Kuwait Portland Cement achieved a rise of 7.1% in profits during the first quarter of 2018 compared to the same quarter in the previous year. Earnings inclined to KWD 3.87 million ($12.83 million) in Q1-18 from KWD 3.61 million ($11.97 …

Mubasher: Kuwait Portland Cement has signed a contract with Kuwait Supply Co on Tuesday for a total value of KWD 56.5 million ($188.7 million). The value of the contract can increase or decrease within a range of 10%, according to a bourse …

Mubasher: Kuwait Portland Cement announced that it has not signed any contracts with Kuwait Supply Company until Sunday, 4 March, unlike what was published in Al Qabas Newspaper, according to a filing to Boursa Kuwait on Sunday. Earlier on Sunday, …

Mubasher: Kuwait Portland Cement achieved a jump of 471.61% in profits during the third quarter of 2017 compared to the same period last year. The company’s earnings soared to KWD 3.13 million ($10.37 million) in Q3-17 compared to nearly KWD …

Mubasher: The chairman of Kuwait Portland Cement, Khaled Al Sager, has purchased 1.46 million of the company’s shares on Wednesday, 6 September. The total value of the purchased stake stood at KWD 1.42 million or 970 fils per share. Portland …

Mubasher: Boursa Kuwait has approved executing a private transaction on the Kuwait Portland Cement’s shares for KWD 1.4 million. A number of 1.46 million shares were traded at a value of 970 fils per share, according to a bourse filing. It is …

Mubasher: Kuwait Portland Cement reported a growth of 2% in profits during the first quarter of 2017, compared to the same period of 2016. The company’s earnings increased to KWD 3.61 million ($11.85 million) in Q1-17 from KWD 3.54 million ($11.62 …

Mubasher: The ordinary general meeting (OGM) of Kuwait Portland Cement approved a cash dividend of 80% for fiscal year 2016, according to a bourse statement issued on Tuesday. The company will pay 80 fils per share, with a total value of KWD 8.02 …

 Kuwait – Mubasher: Kuwait Portland Cement achieved profits during the fourth quarter of 2016 versus losses in the same period a year ago. Earnings amounted to KWD 1.84 million ($6.02 million) in Q4-16 against losses of KWD 467,000 ($1.53 million) …

Kuwait – Mubasher: Kuwait Portland Cement Company posted on Wednesday a net profit of KWD 545,880 ($1.8 million) for the third quarter of fiscal 2016, 1,866.4% up from KWD 27,760 ($91,400) for Q3-15. Net profit for the first nine months of 2016 …

Kuwait – Mubasher: Future Communications Global as well as Kuwait Portland Cement will hold their board meetings on 26 October. Both the companies will overview their financial statements for the third quarter ended 30 September, 2016, according …

Kuwait – Cement: Kuwait Portland Cement registered a fall of 15.7% in profits of the second quarter this year as compared to the same period in 2015. The company’s earnings decreased to KWD 2.21 million ($7.29 million) in Q2-16 from KWD 2.62 …

Kuwait-Mubasher: Kuwait Portland Cement has signed a supply contract worth KWD 57.5 million ($190.37 million) with Kuwait Supply Co., the company said in a bourse statement issued Thursday. The contract covers a supply of 250,000 tons of …

Kuwait-Mubasher: Kuwait Portland Cement reported an increase of 34.1% in the first quarter of 2016 as compared to the same period in 2015, according to an issued statement. Portland’s earnings reached KWD 3.54 million ($11.7 million) in Q1-16, …

Kuwait-Mubasher: Kuwait Portland Cement’s ordinary general meeting agreed on paying 50% or 50 fils per share as cash dividends for the fiscal year 2015, according to a recent statement. The shareholders also approved the distribution of 5% bonus …