Arab Today, arab today altijaria records kd109m net profits in 2012
Last Updated : GMT 02:18:28
Arab Today, arab today
Arab Today, arab today

Al-Tijaria records KD10.9m net profits in 2012

Arab Today, arab today

Arab Today, arab today Al-Tijaria records KD10.9m net profits in 2012

Kuwait - KUNA

The Commercial Real Estate Company, Al-Tijaria, Sunday announced KD 10.9 million in net profits for fiscal year ending last December, achieving a 3.9 percent growth compared to 2011.  Chairman and Managing Director Abdulfatah Marafie said in a statement return per share gained six percent to 6.3 fils, encouraging the Board Members to recommend distribution of five percent cash dividend.  He said return on shareholders equity grew by 4.4 percent while total accumulated profits to total assets amounted to 3.2 percent, 18.5 percent more than 2011. Marafie said return on paid capital jumped to six percent.  Al-Tijaria reduced liabilities by KD 14.8 percent, or 12 percent of total debts. Cost of debt was cut by 32 percent, noted Marafie, bringing down financial burdens by KD 2.7 million.  Marafie said the company sought to keep sustainable growth coupled with marginal profits, manage cash flows and achieve return on invested capital via low-risk strategies and policies.  Al-Tijaria was established in 1968 with a paid capital of some KD 183 million.

arabstoday
arabstoday

Name *

E-mail *

Comment Title*

Comment *

: Characters Left

Mandatory *

Terms of use

Publishing Terms: Not to offend the author, or to persons or sanctities or attacking religions or divine self. And stay away from sectarian and racial incitement and insults.

I agree with the Terms of Use

Security Code*

Arab Today, arab today altijaria records kd109m net profits in 2012 Arab Today, arab today altijaria records kd109m net profits in 2012

 



Arab Today, arab today

Name *

E-mail *

Comment Title*

Comment *

: Characters Left

Mandatory *

Terms of use

Publishing Terms: Not to offend the author, or to persons or sanctities or attacking religions or divine self. And stay away from sectarian and racial incitement and insults.

I agree with the Terms of Use

Security Code*

Arab Today, arab today altijaria records kd109m net profits in 2012 Arab Today, arab today altijaria records kd109m net profits in 2012

 



Arab Today, arab today Designer Rania Adel reveals her new collection

GMT 17:59 2017 Monday ,12 June

Designer Rania Adel reveals her new collection
Arab Today, arab today France defies terrorism through tourism

GMT 15:18 2017 Saturday ,20 May

France defies terrorism through tourism
Arab Today, arab today Mai Al-Jeddawi presents décor ideas for Ramadan
View News in Arabic - Business: نفط وبتروكيماويات
Arab Today, arab today
Arab Today, arab today
Arab Today, arab today
Arab Today, arab today
 
 Arab Today Facebook,arab today facebook  Arab Today Twitter,arab today twitter Arab Today Rss,arab today rss  Arab Today Youtube,arab today youtube  Arab Today Youtube,arab today youtube
arabstoday arabstoday arabstoday arabstoday
arabstoday arabstoday arabstoday
arabstoday
بناية النخيل - رأس النبع _ خلف السفارة الفرنسية _بيروت - لبنان
arabstoday, Arabstoday, Arabstoday