The National Real Estate Company earned KD 8.1 million in first six months of 2014, the company said in a statement issued on Wednesday.
The earnings for the six months’ period were at a rate of 9.58 fils per share, compared to 7.83 (fps) for the profits of the same period of time in the past year.
Shareholders’ equity amounted to KD 183.7 million for the six-month-period that ended on June 30, in contrast to KD 169.2 million of the same period in 2013.
Overall assets amounted to approximately KD 532 million, liabilities KD 325.7 million, also comparing this period to that of the past year, where the liabilities had reached some KD 312.8 million.
The company, founded in 1973, was enlisted at Kuwait Stock Exchange (KSE) in 1984, with a paid-up capital of some KD 89.7 million.
It is involved in various kinds of work and operations in properties, bonds and stocks.
Source : KUNA Kuwait News agency
