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Kuwaiti companies post earnings

kseKUWAIT: Kuwait Portland Cement Company earned KD 5.2 million in the year’s H1, 55.1 fils per share, compared to KD 5.8 million, 61.12 fils per share in in H1 2014. The company said in a statement, posted on the KSE website, that its total assets reached KD 82.34 million, liabilities KD 17.48 million in the year’s H1, as compared to KD 15.15 million in H1, 2014. Meanwhile, Al-Kout Industrial Projects Company said in a statement, also posted on the KSE website, that it earned KD two million in H1, 2015, 21.08 fils per share, in contrast to KD 3.06 million, 31.56 fils per share, the same period of the past year. Its assets reached some KD 30.34 million and liabilities KD 4.7 million. For its part, the United Real Estate Company earned KD 3.6 million, compared to KD 3.5 million last year. USD is currently in the range of KD 0.302.

Session closes mixed In other news, Kuwait Stock Exchange (KSE) closed yesterday’s session with the three key indices performing in a mixed manner. Benchmark read 6,276.3, gaining 7.9 points, while the weighted index dropped by 2.34 points and Kuwait-15, 9.47. Value of traded shares reached KD 8.6 million, volume turnover some 93.49 million shares, done in 2,158 deals. — KUNA

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This article was published on 17/07/2015