National Industries Group Holding (NIND) News - Mubasher Info
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22 May 07:36 PM

National Industries Group Holding (NIND)

Last update: 12:18 PM market time.
3.45
0.00
0.00%
Open 3.45
Previous Close 3.45
High 3.45
Low 3.45
Stock Statistics
Volume 50
Turnover 172.50
All data are 15 minutes late during market session

News

Photo Archive
25 March 2024 01:49 PM National Industries reports KWD 47m consolidated profit in 2023
Mubasher: The consolidated net profit after tax and directors’ remuneration of National Industries Group Holding (NIG) surged to KWD 46.77 million in 2023 from SAR 33.92 million a year earlier. Revenues from sales and contracts with customers …
Financial Results
Photo Archive
7 June 2022 09:30 AM National Industries appoints new Chairman
Mubasher: National Industries Group Holding, listed on the Dubai Financial Market (DFM) and Boursa Kuwait, has appointed Saad Mohammed Al Saad as the company's Chairman. The company has also named Sulaiman Hamad Al Dalali as Vice Chairman, …
Board of Directors
Photo Archive
21 December 2021 08:40 AM National Industries' EGM approves capital increase to KWD 300m
Mubasher: The extraordinary general meeting (EGM) of National Industries Group Holding, listed on the Dubai Financial Market (DFM) and Boursa Kuwait, has approved an increase in the authorised, issued, and paid-up capital to KWD 300 million from …
Bonds
National Industries Group gave Noor a KWD 16 million loan
30 September 2021 00:26 PM Noor repays last debt installment to National Industries
Mubasher: Noor Financial Investment has paid off the last installment worth KWD 1.5 million ($5 million) in a loan granted by its parent company National Industries Group Holding. In 2018, National Industries Group gave Noor Financial Investment a …
Companies Investments
The board recommended a bonus issue of 5% of the company’s capital
28 March 2021 11:36 AM National Industries swings to loss in 2020; bonus issue proposed
Mubasher: National Industries Group Holding, listed on the Dubai Financial Market (DFM) and Boursa Kuwait, turned to net losses of KWD 52.21 million in 2020 ($173.17 million), versus net profits of KWD 46.35 million ($153.76 million) in 2019. The …
Financial Results
The ratings reflect the company's ability to make interest payements
24 December 2020 11:07 AM Capital Intelligence affirms National Industries' bond ratings; outlook negative
Mubasher: Capital Intelligence Rating has affirmed the ratings of KWD 25 million senior unsecured bond and KWD 30 million senior unsecured bond of National Industries Group Holding at 'BBB' and 'BBB-', respectively, with a negative outlook. The …
Ratings
The loss per share settled at 46.1 fils
16 August 2020 00:56 PM National Industries logs KWD 64m net losses in H1-20
Mubasher: National Industries Group Holding incurred KWD 64.145 million net losses in the first half (H1) of 2020, against net profits of KWD 43.205 million in the same half of 2019. The net losses are caused by a decline in sales amounting to …
Financial Results
The dividends will be distributed on 21 May
30 April 2020 01:50 PM National Industries approves KWD 14m dividends for 2019
Mubasher: National Industries Group Holding’s general assembly approved the recommended cash dividends distribution of KWD 14.28 million ($46.2 million) or 10 fils per share for 2019, equivalent to 10% of the share’s nominal value. The dividends …
Cash Dividends
The company turned to a profit of KWD 10.54 million in Q4-19
5 April 2020 02:37 PM National Industries’ profits soar 134% in FY19; dividends proposed
Mubasher: The net profit of National Industries Group Holding skyrocketed by 134% year-on-year (YoY) during the fiscal year (FY) 2019 to stand at KWD 46.35 million, compared with KWD 19.84 million. The growth in the annual profit was driven by …
Cash Dividends
The bonds carry a maturity period of five years
18 February 2020 02:18 PM National Industries’ bond issue fully oversubscribed
Mubasher: The KWD 30 million ($98.6 million) denominated bonds issue of National Industries Group Holding was successfully concluded. The five-year bonds were fully oversubscribed, according to a press release on Tuesday.  The announcement was …
Banking and Finance
Bonds will be paid on a quarterly basis.
12 February 2020 04:07 PM National Industries issues KWD 30m bonds, due in 2025
Mubasher: The National Industries Group Holding has successfully issued non-guaranteed bonds worth KWD 30 million (approx. $98.7 million) on Tuesday, 11 February. The bonds will be matured in five years in 2025, according to a bourse statement on …
Banking and Finance
The rating shows the company’s ability to pay interest payments and principal
6 February 2020 05:05 PM National Industries’ KWD 30m bonds assigned ‘BBB-’ rating
Mubasher: The KWD 30 million ($98.9 million) senior unsecured bonds issue of National Industries Group Holding, listed on Boursa Kuwait and Dubai Financial Market (DFM), was assigned a ‘BBB-’ initial rating by Capital Intelligence Ratings (CI …
Ratings
Mabanee submitted the best offers to "J3" investment opportunity
20 January 2020 04:03 PM Three Kuwaiti listed firms win investment opportunity in Jaber Al Ahmad city
Mubasher: Mabanee Co, among a consortium of Kuwaiti companies, received a letter of notification on Monday from the Public Authority for Housing Welfare awarding the investment opportunity “J3” in Jaber Al Ahmad Residential City. As …
Real estate
Losses amounted to KWD 7.39 million in Q3-19
6 November 2019 05:41 PM National Industries turns to losses in Q3
Mubasher: The National Industries Group Holding turned to losses during the third quarter (Q3) of the year, as shown by the company’s financial statements on Wednesday. Losses amounted to KWD 7.39 million ($24.40 million) in Q3-19 compared with …
Financial Results
The five-year bond issue is valued at KWD 30 million
22 October 2019 01:48 PM CI assigns National Industries’ KWD 30m proposed bond rating
Mubasher: Capital Intelligence assigned an initial provisional rating of 'BBB-' to the upcoming senior unsecured bond issue of the National Industries Group Holding, with a 'Stable' outlook. The five-year bond issue is valued at KWD 30 million and …
Ratings
National Industries Group Holding is dually listed
2 October 2019 03:31 PM CMA nods to National Industries’ KWD 30m bond issue prospectus
Mubasher: The Capital Markets Authority (CMA) in Kuwait approved for the National Industries Group Holding, on 1 October, on the private offering prospectus for the issuance of up to KWD 30 million ($99 million) worth of bonds. The company, dually …
Bonds
These bonds should carry a period up to 5 years
15 September 2019 03:40 PM National Industries receives CMA’s nod to issue KWD 30m bonds
Mubasher: The National Industries Group Holding has received approval from Kuwait’s Capital Markets Authority (CMA) to issue debt securities in the form of bonds at a nominal value not exceeding KWD 30 million ($99 million). These bonds should …
Bonds
National Industries reported KWD 26.992 million worth of profits in Q1-19
31 July 2019 03:02 PM National Industries records KWD 16m profit in Q2-19
Mubasher: The National Industries Group Holding achieved a surge of 153.7% in profits during the second quarter of 2019, compared to the corresponding period last year. The profits of the dual-listed company stood at KWD 16.213 million ($53.4 …
Financial Results
Profits reached KWD 26.992 million in Q1-19
9 May 2019 10:48 AM National Industries’ Q1 profit rises 45.7% on higher investments
Mubasher: National Industries Group Holding reported a 45.7% year-on-year profit hike in the first quarter of 2019. The group’s profits reached KWD 26.992 million ($89 million) in Q1-19, compared to KWD 18.516 million ($61 million) in Q1-18, …
Financial Results
Dividends will be distributed on 30 May.
2 May 2019 02:47 PM National Industries to pay KWD 16.3m dividends for FY18
Mubasher: National Industries Group Holding’s shareholders approved the board’s recommendation to distribute KWD 16.32 million ($53.8 million) at 12 per share as cash dividends for 2018 during a general assembly meeting held on Thursday. The …
Cash Dividends
National Industries incurs KWD 12.43m losses in Q4
24 March 2019 05:45 PM National Industries incurs KWD 12.43m losses in Q4
Mubasher: National Industries Group Holding, which is listed on Boursa Kuwait and the Dubai Financial Market (DFM) on Sunday reported turning to losses during the fourth quarter of 2018, against generating profits in the year-ago period. The group …
Financial Results
National Industries closed Sunday’s session 1.25% lower at 158 fils at Boursa Kuwait
28 October 2018 04:12 PM National Industries Q3 profits jump 248%
Mubasher: National Industries Group Holding achieved a surge of 248% in profits during the third quarter of 2018 compared to the same period a year ago. Earnings leaped to KWD 7.36 million ($24.27 million) in Q3-18 from KWD 2.12 million ($6.99 …
Financial Results
Earnings inclined to KWD 6.39 million ($21.13 million) in Q2-18
8 August 2018 04:13 PM National Industries Holding H1 profits surge 376%
Mubasher: National Industries Group Holding registered an increase of 205.7% in profits during the second quarter of 2018 compared to the same period in the prior year. Earnings rose to KWD 6.39 million ($21.13 million) in Q2-18 from KWD 2.09 …
Financial Results
Earnings jumped to KWD 18.52 million ($61.43 million) in Q1-18
14 May 2018 03:23 PM National Industries Holding Q1 profits leap 490%
Mubasher: National Industries Group Holding achieved a surge of 490% in profits during the first quarter of 2018 compared to the same period in the previous year. Earnings jumped to KWD 18.52 million ($61.43 million) in Q1-18 from KWD 3.14 million …
Financial Results
The dividends will be distributed on 31 May
10 May 2018 03:50 PM National Industries nods to 10% dividends for FY17
Mubasher: The ordinary general meeting (OGM) of National Industries Group Holding approved the board’s recommendation to distribute 10% of the capital as cash dividends for fiscal year 2017. National Industries, which is listed on both Boursa …
Board of Directors