Arab Times

Tamdeen earns KD 10.6m in 9M


KUWAIT CITY, Nov 11, (KUNA): Tamdeen Investment Company earned some KD 10.6 million, 37.6 fils per share, in first nine months of 2015 compared to KD 8.5 million, 29.5 fils per share, same period of the past year.

It said in a statement on Wednesday that shareholde­rs’ equity amounted to some KD 134.9 million in contrast to KD 138.2 million — also making the contrast in the above-mentioned two periods.

Assets reached some KD 237.3 million, liabilitie­s KD 82.2 million compared to KD 93.7 million.

The company, founded in 1997, was enlisted at Kuwait Stock Exchange in 2006 with a paid-up capital of some KD 31 million. It deals in financial investment­s and securities.

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