Credit Rating & Collection (TAHSSILAT)

Mubasher: Credit Rating and Collection (Tahssilat) said that Credit Rating and Collection Co (CRC), a 99%-owned subsidiary in Abu Dhabi, has reached a preliminary agreement to purchase a residential building in Ras Al Khaimah emirate for KWD 1 …

Mubasher: The losses of Credit Rating and Collection (Tahssilat) hiked by 48.6% year-on-year during the third quarter of 2019. Tahssilat incurred nearly KWD 107,610 ($355,400) losses in Q3-19, compared to about KWD 72,420 ($239,200) in the …

Mubasher: Credit Rating and Collection (Tahssilat) registered a decrease of 73.2% in losses during the third quarter of 2018 compared to the same period a year ago. Losses shrank to about KWD 72,440 ($239,400) in Q3-18 from nearly KWD 269,840 …

Mubasher: Credit Rating and Collection (Tahssilat) suffered a loss of about KWD 75,590 during the second quarter of 2018 against profits valued at nearly KWD 22,470 in the same period a year ago, according to a bourse statement on Monday. From …

Mubasher: The financial results of Credit Rating and Collection (Tahssilat) showed that the company swung to loss for the first quarter of 2018. Net losses amounted to KWD 114,130 in the three-month period ended March 2018, against a profit of KWD …

Mubasher: Credit Rating and Collection (Tahssilat) reported a decline of 88.2% in losses during the fourth quarter of 2017 compared to the same quarter a year ago. Losses decreased to about KWD 555,900 ($1.86 million) in Q4-17 from KWD 4.71 …

Mubasher: Credit Rating and Collection (Tahssilat) has incurred losses of nearly KWD 269,840 ($893,810) in the third quarter of 2017. The Q3 losses were 342.22% higher than around KWD 61,020 ($202,120) in the same period a year ago, according to a …

Mubasher: Credit Rating and Collection (Tahssilat) achieved a profit of KWD 1.08 million ($3.53 million) during the first quarter of 2017 versus a loss of nearly KWD 138,340 ($452.240) in the same period in 2016. The positive results are …

Mubasher: Credit Rating and Collection (Tahssilat) reported an increase of 2,267.7% in losses during the fourth quarter of 2016 as compared to the same period a year ago. Losses deepened to KWD 4.7 million ($15.4 million) in Q4-16 from around KWD …

Kuwait – Mubasher: Credit Rating and Collection (Tahssilat) has finalized a sale deal as part of the company’s share in a debts-settlement agreement with Adeem Investment Co. worth £5.07 million (KWD 1.9 million). After sealing the deal, Tahssilat …

Kuwait – Mubasher: Credit Rating and Collection (Tahssilat) posted losses in the third quarter of 2016. Losses reached KWD 61,000 ($200,900) in Q3-16, against profits of KWD 29,000 ($95,500) in the same period last year, according to the company’s …

Kuwait-Mubasher: Credit Rating and Collection Company’s (Tahssilat) losses shrank in the second quarter of fiscal 2016 by 18.6% year-on-year. Net losses reached KWD 91,820 ($302,540) in Q2-16, versus KWD 112,860 ($371,860) in Q2-15, according to a …

Kuwait-Mubasher: The financial statements of Credit Rating and Collection (Tahssilat) showed a 10% increase in losses during the fourth quarter of 2015 as compared to the same quarter of 2014. Tahssilat posted losses worth around KWD 198,550 …

Kuwait-Mubasher: Credit Rating and Collection (Tahssilat) said that the Kuwaiti court has scheduled 22 February for the company’s lawsuit filed against Qaf Investment Company, according to a bourse filing. In the case, Tahssilat is claiming $12.46 …

Kuwait-Mubasher: Credit Rating and Collection (Tahssilat) said that the Kuwaiti court postponed the company’s lawsuit filed against QAF Investment Company (QIC) to 18 January, 2016. Tahssilat had filed the lawsuit to demand KWD 3.56 million …

Kuwait-Mubasher: Credit Rating and Collection (Tahssilat) said that the court set 16 November to hold a hearing session for the lawsuit filed by Tahssilat against QAF Investment Company (QIC), formerly Bayt-el-Mal Investment Company. Tahssilat …

Credit Rating and Collection – UAE, a 99%-owned subsidiary of Kuwaiti Tahssilat, signed a final agreement to buy four units, of which three are residential and one commercial, at Dubai’s Damac Central Tower. The contract is worth KWD 725,400 ($2.4 …

Kuwait – Mubasher: Credit Rating & Collection (Tahssilat) divested its 1.75 million shares in Rasameel Structured Finance Company at 90 fils each, totalling KWD 157,500, according to a filing to the stock market on Thursday. The company added that …

Credit Rating and Collection (Tahssilat) registered a leap of 112% to about KWD 285,400 ($939,600) in losses for the first half of 2015, compared to nearly KWD 134,600 ($443,300) in H1-14, the company said in a bourse statement on Thursday. …

Written by: Ahmed Awad Kuwait – Mubasher: Credit Rating and Collection (Tahssilat) shareholders gave a nod to offset part of the company's accumulated losses that amounts to KWD 12.119 million. The firm will offset these losses through using the …

Investors of two companies listed on the Kuwait Stock Exchange (KSE) will be poised for major announcements to be released on Wednesday, as Strategia Investment will hold an ordinary general meeting to discuss the board's suggestion of delisting …

Credit Rating and Collection (Tahssilat) said its 99% -owned Real Estate Rating Co. sealed a deal with contracting company to construct and develop a residential property.The deal value stands at nearly KWD 595,000, said the company in a bourse …

Credit Rating and Collection (Tahssilat) posted losses worth about KWD 172,500 in the first quarter of 2015 compared to around KWD 148,300 in Q1-14.Tahssilat’s loss per share rose to 1.05 fils in Q1-15 from 0.89 fils in Q1-14, the company said in …

Shareholders of thirteen companies listed on Kuwait Stock Exchange are anticipating major events to take place on 29 April, as Kuwait Cement’s ordinary general meeting (OGM) will discuss the board’s proposal of distributing 18% cash …

The boards of Credit Rating and Collection (Tahssilat) and National Petroleum Services (Napesco) will hold meetings on 29 and 30 April respectively to discuss the financial statements of the first quarter ended 31 March, 2015.Tahssilat registered …