Mezzan Holding Company K.S.C.P. Reports Earnings Results for the Full Year Ended December 31, 2020
March 17, 2021
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Mezzan Holding Company K.S.C.P. Announced earnings results for the full year ended December 31, 2020. For the full year, the company announced sales was KWD 246.390 million compared to KWD 222.466 million a year ago. Operating income was KWD 17.104 million compared to KWD 12.642 million a year ago. Net income was KWD 10.925 million compared to KWD 5.635 million a year ago. Basic earnings per share from continuing operations was KWD 35.91 compared to KWD 18.5 a year ago.
Mezzan Holding Company KSCP is a Kuwait-based industrial conglomerate. The Company's business activities are divided into five segments: Food, manufacturing and selling food, such as meat and dairy products, snacks and biscuits, as well as beverages; Fast Moving Consumer Goods (FMCG), responsible for the production and distribution of health and beauty products, medicines, medical and household products, such as shampoos, body soaps and tissues; Catering, offering catering services within short- and long-term contracts, as well as single event catering; Industrial, producing plastic goods, lube oil and paperboard for packing purposes; and Services, including ancillary storage, and logistics, among others. The Company controls a number of subsidiaries, such as Kuwait Indo Trading Company WLL, Conserved Foodstuff Distributing Company WLL, Plastic Industries Company and Al Muntasser Shampoo Factory. It operates in Kuwait, Qatar, Iraq, and Jordan, among others.
MEZZAN HOLDING COMPANY K.S.C.P. 
