Kuwait: Salhia Co. Posts KD 7.9 Mln Net Profit in H1Source: www.export-egypt.com 8/13/2017, Location: Middle East |
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Salhia Real Estate Company has posted KD 7.9 million (USD 26.1 million) in net profits for the first half of 2017, the company said
Earnings per share (EPS) hit 16.1 fils over the six months, a rise of 39.3 percent, compared with the same period last year, it said in a statement. Shareholders' total equity reached KD 137.2 million (USD 453.8 million) for the first half of 2017, compared with KD 135.2 million (USD 447.2 million) in the same period last year, it added. Total assets hit KD 289 million (USD 956 million), while liabilities reached KD 149.2 million (USD 493.5 million) for the first six months of 2017, it noted. Established in 1974, Salhia company was enlisted in the bourse in 1984 with a paid-up capital of KD 15.2 million (USD 169.3 million). The company is operating in selling and buying plots of land and real estate projects inside and outside Kuwait. It also constructs buildings, projects, commercial markets, entertainment centers, tourist facilities and others. |
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