Ithmaar Holding BSC News - Mubasher Info
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06 April 09:01 AM

Ithmaar Holding BSC (ITHMR)

Last update: 3 April 02:42 PM market time.
0.18
-0.00
-0.55%
Open 0.18
Previous Close 0.18
High 0.18
Low 0.18
Stock Statistics
Volume 4,007,219
Turnover 718,791.57
All data are 15 minutes late during market session

News

The company's total income decreased to $370.32m
16 November 2020 09:38 AM Ithmaar Holding turns to losses in 9M
Mubasher: The Bahrain-based Ithmaar Holding has incurred net losses attributable to the equity holders of $3.29 million during the nine months of 2020, against net profits of $12.04 million in the prior-year period. The losses are driven by the …
Financial Results
The BBK would also acquire specific assets of IB Capital,
14 September 2020 03:56 PM BBK, Ithmaar Holding pen acquisition plans agreement
Mubasher: Bahrain and Kuwait Bank (BBK) has inked a Memorandum of Understanding (MoU) with Ithmaar Holding, the parent of Ithmaar Bank, for a potential acquisition of Ithmaar Bank’s Bahrain operations. Under the MoU, the BBK would also …
Mergers and Acquisitions
The authority decided to delist the company from the bourse
10 September 2020 04:06 PM CMA delists Ithmaar Holding from Boursa Kuwait
Mubasher: The Capital Markets Authority (CMA) has decided to delist Ithmaar Holding from Boursa Kuwait, according to the company's disclosure to Boursa Kuwait on Thursday. During a meeting held on Wednesday, 9 September, the CMA has rejected …
Markets Regulations
The acquisition is subject to the approvals of shareholders
26 August 2020 03:50 PM Bank of Bahrain and Kuwait considers acquiring Ithmaar Bank
Mubasher: The Bahrain-based Ithmaar Holding, listed on the Dubai Financial Market (DFM), Boursa Kuwait, and Bahrain Bourse, has held initial talks about the plan of Bank of Bahrain and Kuwait (BBK) to acquire its wholly-owned subsidiary, Ithmaar …
Mergers and Acquisitions
The company incurred accumulated losses of $795.6m
24 August 2020 09:31 AM Ithmaar Holding's net losses exceed $1m in H1-20
Mubasher: The Bahrain-based Ithmaar Holding reported net losses attributable to the equity holders of $1.29 million during the first half (H1) of 2020, against net profits of $8.37 million in the same period of 2019. The basic and diluted losses …
Financial Results
Earnings per share (EPS) stood at 0.02 cents last year.
16 February 2020 09:48 AM Ithmaar Holding turns profitable in 2019; Zero dividends proposed
Mubasher: The Bahrain-based Ithmaar Holding logged a net profit attributable to equity holders worth $669,000 for the fiscal year ended 31 December 2019, versus a net loss of $23.98 million in 2018. Earnings per share (EPS) stood at 0.02 cents …
Financial Results
Revenues grew by 23.2% in Q3
7 November 2019 03:55 PM Ithmaar Holding turns profitable in Q3
Mubasher: The financial statements of the Bahrain-based Ithmaar Holding showed a net profit attributed to shareholders worth $3.68 million over the third quarter (Q3) of 2019, against a loss of $2.12 million in the same quarter in 2018. The …
Company News
Ithmaar Holding is listed on three stock markets
18 September 2019 00:58 PM Boursa Kuwait halts stocks from trading
Mubasher: Boursa Kuwait announced that it has suspended trading on the stocks of Tamkeen Holding Co and Ream Real Estate Co as they had not submitted the financial statements for the period ended on 30 June 2019. Moreover, Ithmaar Holding and …
Management Decisions
The voluntarily delist from Boursa Kuwait plans will have no impact on Ithmaar Bank
1 September 2019 09:03 AM Ithmaar Holding’s shareholders nod to voluntarily delist from Boursa Kuwait
Mubasher: Bahrain-based Ithmaar Holding on Sunday announced that its shareholders approved plans to voluntarily delist the company’s shares from Boursa Kuwait. The company will remain listed on the Bahrain Bourse, Dubai Financial Market (DFM), …
Board of Directors
Both of Ithmaar and Yiaco’s stocks were suspended
18 August 2019 00:36 PM Boursa Kuwait suspends trading activity on 3 stocks
Mubasher: Boursa Kuwait announced that it has suspended the trading activity of three listed-companies for various reasons. On Sunday, Boursa Kuwait stated on its official website that it has suspended Al Kout Industrial Projects’ stock from …
Markets Regulations
Net profit reached $13.03 million in H1-19
8 August 2019 01:04 PM Ithmaar Holding logs $13m net profit in H1
Mubasher: Ithmaar Holding, a Bahrain-based holding company, has reported a 20.4% year-on-year growth in its net profits for the first half of 2019. Net profit reached $13.03 million during the six-month period ended 30 June 2019, versus $10.82 …
Financial Results
The board considers the optional write-off of shares on Boursa Kuwait
4 August 2019 04:02 PM Ithmaar Holding mulls delisting from Boursa Kuwait
Mubasher: Ithmaar Holding, listed on the Bahrain Bourse, Boursa Kuwait, and the Dubai Financial Market (DFM), on Sunday announced that its board of directors has recommended delisting from Boursa Kuwait. The board considers the optional write-off …
Board of Directors
This transaction has increased IB Capital’s shareholding in Solidarity to more than 50%
27 May 2019 00:17 PM Ithmaar Holding acquires additional shares in Solidarity Group
Mubasher: Ithmaar Holding, listed on the Bahrain Bourse, Boursa Kuwait, and the Dubai Financial Market (DFM), announced that its wholly-owned subsidiary IB Capital has acquired additional shares in Solidarity Group Holding, listed on the Bahrain …
Mergers and Acquisitions
13 May 2019 01:22 PM Ithmaar Holding records $7m profit in Q1
Mubasher: Ithmaar Holding has achieved a surge of 329% in profits attributed to shareholders during the first quarter of 2019 compared to the same period a year ago. Profits to shareholders grew to $7.106 million in Q1-19 from $1.655 million in …
Financial Results
Ithmaar incurred a loss of $24 million in FY18
17 March 2019 02:40 PM Ithmaar mulls $300m capital hike
Mubasher: Ithmaar Holding plans to increase its capital by $300 million during the second half of 2019, according to a recent bourse statement. The board members of Ithmaar, listed on Boursa Kuwait, the Bahrain Bourse (BHB), and the Dubai …
Corporate Actions
Ithmaar Holding is listed on Boursa Kuwait, the BHB, and the DFM
14 March 2019 10:12 AM Boursa Kuwait suspends trading on Ithmaar Holding Thursday
Mubasher: Boursa Kuwait announced that trading on the stock of Ithmaar Holding has been suspended due to the company’s disclosure of incurring accumulated losses accounting for 99% of the capital. Based on the market regulations, the stock …
Trading Activities
Ithmaar’s board recommended not to distribute cash dividends for 2018.
14 February 2019 01:03 PM Ithmaar Holding logs $23.9m loss in 12M
Dubai – Mubasher: Ithmaar Holding on Thursday posted a 53.7% year-on-year drop in losses for the fourth quarter of 2018. Net losses registered $26.71 million in Q4-18, compared to $57.67 million in Q4-17, according to the company’s statement to …
Financial Results
Ithmaar Bank achieved profits valued at $4.67 million
14 November 2018 01:39 PM Ithmaar Bank Q3 profits decline to $1m
Mubasher: Ithmaar Bank, a subsidiary of Ithmaar Holding, posted a decrease of 18.3% in profits during the third quarter of 2018 compared to the same period a year ago. Earnings declined to $1.15 million in Q3-18 from $1.41 million in Q3-17, the …
Financial Results
Revenues increased by 10.6% to $334.52 million in 9 months
14 November 2018 01:23 PM Ithmaar Q3 financials turn profitable
Mubasher: Ithmaar Holding achieved a profit of $514,000 during the third quarter of 2018 against losses of nearly KWD 14.66 million in the corresponding period last year. During the first nine months of 2018, Ithmaar recorded earnings valued at …
Financial Results
The largest profits are foreseen to be recorded by the NBK
7 October 2018 04:32 PM Six Kuwaiti banks likely to record KWD 614m profits in 9M
By: Mohamad Farouk Mubasher: A total profit of KWD 613.9 million ($2 billion) is expected to be recorded by six Kuwaiti banks in the first nine months of 2018, capital market Mohamad Manea Al Ajami told Mubasher. The six banks are forecast to …
Financial Results
Ithmaar Bank’s customers will simply use their fingerprint
18 September 2018 06:04 PM Ithmaar Bank to launch 1st biometric payment network
Mubasher: Ithmaar Bank and Eazy Financial Services intend to launch the region’s first biometric payment network, backed by the Labour Fund “Tamkeen”, providing a new and more efficient alternative for customers to execute several financial …
Banking and Finance
14 August 2018 03:57 PM Ithmaar Holding achieves $10.8m profit in 6M
Kuwait – Mubasher: Ithmaar Holding has reported a net profit of $10.82 million in the first six months of 2018. The Dubai-, Bahrain-, and Kuwait-listed company also registered earnings per share (EPS) of $0.32 in H1-18, according to a bourse …
Financial Results
Ithmaar Group reveals over $15m exposure to Abraaj
22 July 2018 09:03 AM Ithmaar Group reveals over $15m exposure to Abraaj
Mubasher: In continuation of the announcements pertaining to ties and exposure to ailing Abraaj Group, Ithmaar Group on Sunday had a few investments with the company. We have 1% in Abraaj Holdings, representing $15 million, which are indirectly …
Companies Investments
The Bahrain-based company’s EPS grew to $0.06
14 May 2018 06:28 PM Ithmaar Holding’s net profit decreases 17% in Q1
Mubasher: Ithmaar Holding on Monday reported a 16.9% year-on-year decline in net profit during the first quarter of 2018, registering BHD 1.81 million ($4.81 million). The company, which is listed in Dubai, Bahrain, and Kuwait, said its net profit …
Financial Results
Ithmaar incurred a loss of $72.4 million in FY17
26 February 2018 03:04 PM Ithmaar Holding incurs losses in FY17
Mubasher: Ithmaar Holding has suffered an increase of 1,816% in losses during the fourth quarter of 2017 compared to the same period in the prior year. Ithmaar, which is listed on Boursa Kuwait, Bahrain Bourse (BHB), and the Dubai Financial Market …
Financial Results