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Tamdeen Investment Realizes KD 7.7 million Profits in 6 Months

Source: www.export-egypt.com 8/11/2014, Location: Middle East

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Tamdeen Investment Company (TAMINV) has realized KD 7.7 million in profits during the first six months of 2014, 26.3 fils earnings-per-share, compared to profits worth KD 5 million and EPS 16.8 fils in the same period last year, the company said.

In a statement posted on the website of the Kuwait Stock Exchange (KSE), Tamdeen said that shareholders' equity during the six months till June 30, 2014 hit KD 132.9 million, compared to KD 106.8 million the same period in 2013.

The company added that the total assets in the first six months of the year reached KD 213.9 million. Liabilities hit KD 73.5 million, compared to KD 31.7 million the same period last year. TAMINV was founded in 1997 and enlisted at KSE in 2006.

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