Soor Fuel Marketing (SOOR)

Mubasher: Soor Fuel Marketing (Soor) has won a selective practice worth KWD 9.372 million by the Kuwaiti Ministry of Interior to supply fuel provision cards and RFID system for fuel control and management.  The contract signing process is still in …

Mubasher: Soor Fuel Marketing’s (Soor) profit grew by 2.5% year-on-year to KWD 1.24 million ($4.08 million) during the three-month period ended 30 June 2019. The company’s profit declined by 0.25% year-on-year to KWD 2.4 million in the first six …

Mubasher: Soor Fuel Marketing’s (Soor) ordinary general meeting (OGM) on Tuesday has approved the board of directors’ recommendation to distribute cash dividends worth KWD 2 million at 5 fils per share, representing 5% of the share’s par …

Mubasher: Soor Fuel Marketing (Soor) on Sunday reported a 15% year-on-year increase in profits for the third quarter of 2018. Net profits amounted to KWD 683,000 ($2.25 million) in Q3-18, compared to KWD 591,000 ($1.95 million) in Q3-17, according …

Mubasher: Soor Fuel Marketing said that a profit worth KWD 1.98 million ($6.6 million) is expected to be generated from selling 40% of the company’s stake in Integrated Holding Co. The financial impact of this transaction will be an increase in …

Mubasher: Soor Fuel Marketing has completed selling 40% of its total shares in Integrated Holding, according to a bourse statement on Sunday. The equity represents 3.21 million shares at a value of 730 per share, with a total of KWD 2.27 million …

Mubasher: Soor Fuel Marketing posted a drop of 8.6% in profits during the fourth quarter of fiscal year 2017 compared to the same period a year ago. Earnings declined to about KWD 539,800 ($1.80 million) in Q4-17 from around KWD 590,800 ($1.97 …

Mubasher: Soor Fuel Marketing Company has sold its entire stake in Metalics Energy to Metal and Recycling, according to a bourse statement issued on Monday. Soor earlier purchased its 35% stake of Metalics’ equity for KWD 1.5 million. The …

Kuwait - Mubasher: The financial statements of Soor Fuel Marketing reported a decline in profits by 6.4% year-on-year for the second quarter of 2017, according to a bourse filing. The company said in a statement to Boursa Kuwait on Monday that …

Kuwait – Mubasher: Soor Fuel Marketing has reopened a filling station in Sabah Al-Salem area, following the development works recently executed, according to a bourse filing issued on Tuesday. The company expects its sales to grow in the coming …

Kuwait – Mubasher: Soor Fuel Marketing posted a growth of 1.7% in profits to KWD 1.22 million ($3.98 million) in the first quarter of 2017 from KWD 1.2 million ($3.92 million) in the same period of 2016. The increase in Q1 earnings resulted from …

Kuwait – Mubasher: The ordinary general meeting (OGM) of Soor Fuel Marketing approved distributing 5% of capital as cash dividends for fiscal year 2016. The company will pay 5 fils per share to the entitled shareholders for FY16, according to a …

Mubasher: Soor Fuel Marketing has closed a filling station in Al-Ardiya area to execute development work based on environmental requirements, according to a bourse filing issued on Monday. The company expects its sales to decrease during the …

Mubasher: Soor Fuel Marketing achieved a growth of 0.64% in profits to about KWD 590,810 ($1.93 million) during the fourth quarter of 2016, compared to nearly KWD 587,060 ($1.92 million) in the same period of 2015. During the fiscal year, earnings …

By: Mohamed Farouk Kuwait – Mubasher: Financial results of 14 companies listed on the Kuwait Stock Exchange's (KSE) consumer services sector showed a combined profit year-on-year growth of 7% in the third quarter of 2016. Profits for the sector …

Kuwait – Mubasher: Soor Fuel Marketing posted a decline of 67.8% in profits during the third quarter of 2016 as compared to the same period a year ago. Earnings shrank to about KWD 361,220 ($1.19 million) in Q3-16 from KWD 1.12 million ($3.69 …

Kuwait – Mubasher: Soor Fuel Marketing posted profits worth KWD 1.25 million ($4.11 million) in the second quarter this year, 27.2% higher from nearly KWD 982,950 ($3.23 million) in Q2-15. During the first six months of 2016, Soor reported 0.41% …

By: Ahmad Awad Kuwait-Mubasher: Soor Fuel Marketing’s ordinary general meeting agreed on distributing 5% cash dividends of the capital or 5 fils per share for the fiscal year 2015. During the fiscal year 2015, Soor’s earnings reached KWD 4.15 …

Kuwait – Mubasher: Soor Fuel Marketing said Tuesday it signed a contract with Fotouh Group International General Trading and Contracting, with expected annual revenues amount to KWD 36,000. According to a stock exchange statement, the agreement …

Soor Fuel Marketing shareholders on Sunday approved raising the company's capital from KWD 38.544 million to KWD 40.471 million through issuing of bonus shares, according to a bourse statement.Soor saw net profits of KWD 1.46 million for the first …

Profits of Soor Fuel Marketing increased 32.7% in the first quarter to KWD 1.46 million ($4.8 million) from KWD 1.10 ($3.6 million) in the corresponding period of 2014.Soor’s annual earnings edged down 0.24% to KWD 4.09 million in FY14 from KWD …

By: Ahmad AwadKuwait-Mubasher: Soor Fuel Marketing Company is seeking to amend its articles of incorporation to allow for carrying out new investments in other sectors, CEO said.Soor Fuel Marketing Company could see its income multiply 20-fold if …

Soor Fuel Marketing registered a decline of 0.24% in its earnings of the fiscal year 2014.Meanwhile, the board of directors recommended a bonus share of 5% or five shares per each 100 shares.Soor posted earnings worth KWD 4.09 million (about …

Shareholders of Kuwait Stock Exchange (KSE) will witness several events, on Monday, regarding KSE-listed companies, as the ordinary general meeting of Gulf Bank of Kuwait will discuss the board’s recommendation of 5% bonus shares for the fiscal …

Written by: Ahmed Awad Soor Fuel Marketing Co. Extraordinary General meeting (EGM) has rejected the recommendation to exploit the company's surplus cash.The recommendation was brought earlier by the company's board of …