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MarketScreener Homepage  >  Equities  >  KUWAIT STOCK EXCHANGE  >  SALHIA REAL ESTATE COMPANY    SRE   KW0EQ0400642

SALHIA REAL ESTATE COMPANY

(SRE)
End-of-day quote. End-of-day quote KUWAIT STOCK EXCHANGE - 04/18
330 KWF   +1.54%
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Salhia Real Estate : FY18 profits grow 9%; dividends proposed

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02/12/2019 | 12:35pm EDT

Salhia Real Estate closed Tuesday’s session at 332 fils

SRESRE

0.00% 332.00 0.00

Mubasher:Salhia Real Estate achieved an increase of 9.4% in earnings during fiscal year 2018 compared to the prior year.

Profits rose to KWD 17.31 million in FY18 from KWD 15.82 million in FY17, according to a bourse statement on Tuesday.

During the fourth quarter of 2018, profits plunged by 34.3% to KWD 3.16 million ($10.42 million) compared to KWD 15.82 million in the corresponding period last year.

The board members of Salhia Real Estate recommended 20% of capital as cash dividends for FY18 or 20 fils per share to the entitled shareholders.

At the stock level, Salhia Real Estate closed Tuesday’s session at 332 fils.

Source: Mubasher

(c) All Rights Reserved - Mubasher Info 2005 - 2019 Provided by SyndiGate Media Inc. (Syndigate.info)., source Middle East & North African Newspapers

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Managers
NameTitle
Anwar Abdulaziz Dakheel Al-Osaimi Chief Executive Officer & Director
Ghazi Fahad Abdulaziz Al-Nafisi Chairman
Hany A. Abdelnour Group Head-Finance, Accounting & Human Resources
Abdulnaser Al-Turkait Group Manager-Information Technology
Saud Ahmed Faisal Al-Zeben Director
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