Equipment Holding (EQUIPMENT) News - Mubasher Info
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20 April 05:23 AM

Equipment Holding (EQUIPMENT`R)

Last update: 19 April 01:14 PM market time.
266.00
188.30
242.34%
Open 246.00
Previous Close 77.70
High 284.00
Low 244.00
Stock Statistics
Volume 13,096,701
Turnover 3,441,978.62
All data are 15 minutes late during market session

News

Higher operating costs for Equipment’s coming projects resulted in Q1 losses
16 May 2019 00:31 PM Equipment Holding losses narrow 39% in Q1
Mubasher: Equipment Holding posted a decline of 39.3% in losses during the first quarter of 2019 compared to the same three months a year earlier. Losses shrank to approximately KWD 398,770 ($1.31 million) in Q1-19 from nearly KWD 656,750 ($2.17 …
Financial Results
Equipment Holding’s liabilities were reduced by KWD 1.75 million
9 October 2018 05:34 PM Equipment Holding reschedules credit facilities with local bank
Mubasher: Equipment Holding has repaid and rescheduled credit facilities valued at KWD 3.50 million that was allocated from a local bank in Kuwait for a subsidiary. The Boursa Kuwait-listed company has repaid a deposit worth KWD 1.75 million in …
Banking and Finance
Equipment registered its most active trading volume in a month
16 July 2018 00:16 PM Equipment stock hits 4M high Monday
Mubasher: The stock of Equipment Holding advanced in Monday’s session to rank the third winner by 11:43 am Kuwait time. Equipment went up 7.3% or 2.3 fils to 33.8 fils, hitting the highest level in four months. The rise of Equipment’s stock did …
Trading Activities
Rescheduling this loan will improve Equipment’s financial position
27 May 2018 02:54 PM Equipment Holding’s subsidiary to reschedule loan with QNB
Mubasher: Equipment Holding announced that its 99%-owned subsidiary Equipment Co WLL has reached an agreement to reschedule a loan due to Qatar National Bank (QNB), according to a bourse statement on Sunday. The old rescheduling of the loan …
Companies Investments
Losses shrank to about KWD 835,540 ($2.76 million) in Q2-17
7 August 2017 09:57 AM Equipment Holding Q2 losses down 1.2%
Mubasher: Equipment Holding posted a decline of 1.2% in its losses during the second quarter of 2017 compared to the same period a year ago. Losses shrank to about KWD 835,540 ($2.76 million) in Q2-17 from nearly KWD 845,510 ($2.8 million) in …
Financial Results
(Photo Credit: Company website)
18 May 2017 10:26 AM Equipment Holding trims Q1 losses by 12%
Kuwait – Mubasher: Equipment Holding on Thursday announced a 12.4% drop in its losses for the first quarter of 2017, compared to the year-ago-period. Losses stood at KWD 354,460 ($1.16 million) in Q1-17, compared to KWD 404,490 ($1.33 million) in …
Financial Results
Photo Credit: Arabianeye-Reuters
22 March 2017 02:18 PM Specialities to sell stake in Equipment to oil firm
Mubasher: Specialities Group Holding has signed an agreement with Kuwaiti for Oil Fields Processing Co to exit its entire stake in Equipment Holding, according to a bourse statement issued on Wednesday. Specialities owns a total of 40.85 million …
Corporate Actions
Photo Credit: Arabianeye-Reuters
9 March 2017 09:02 AM Equipment Holding suffers higher losses in Q4
Mubasher: Equipment Holding suffered 72.6% higher losses during the fourth quarter of 2016, as compared to the same period in the previous year. Losses jumped to KWD 844,000 ($2.76 million) in Q4-16 from KWD 489,000 ($1.6 million) in Q4-15, …
Financial Results
Photo Credit: Arabianeye-Reuters
12 December 2016 11:17 AM Equipment Holding to hold EGM mid-December
Kuwait – Mubasher: Equipment Holding will hold its previously postponed extraordinary general meeting (EGM) on Wednesday, 14 December. The company’s shareholders will discuss shrinking the number of the board to 5 members instead of 7, according …
Board of Directors
net losses widened 217% to KWD 2.93 million in 9M - Photo Credit: Company's Website
16 November 2016 09:14 AM Equipment Holding logs wider Q3 losses
Kuwait – Mubasher: Equipment Holding reported KWD 1.68 million losses ($5.52 million) during the third quarter of 2016, deeper 290% year-on-year from KWD 430,730 ($1.41 million), a Wednesday's bourse filing revealed. In the first nine months, net …
Financial Results
The stock saw zero purchase offers (Photo Credit: Arabianeye-Reuters)
29 August 2016 09:55 AM Equipment stock falls despite active trading
Kuwait – Mubasher: Equipment Holding’s stock went down 5.26% or 2.5 fils to reach 45 fils; the lowest level witnessed until the moment. The stock affected Kuwait Stock Exchange’s industrial sector which fell 0.26% or 3 points to reach 1,152.42 …
Stock Evaluations
Losses jumped 152.9% in H1-16 (Photo Credit: Arabianeye-Reuters)
25 August 2016 01:42 PM Equipment Holding posts higher losses in Q2
Kuwait – Mubasher: Equipment Holding’s losses deepened 18.1% during the second quarter this year as compared to the same period a year ago. Losses increased to about KWD 844,420 ($2.79 million) in Q2-16 from around KWD 714,890 ($2.36 million) in …
Financial Results
Equipment expected a return of KWD 2.71 million from the waiver (Photo credit: Company's website)
17 July 2016 03:17 PM Equipment Holding waives land plot for KWD 18.6m
Kuwait – Mubasher: Equipment Holding Company said Sunday that it has waived an industrial land plot in Shuwaikh area for KWD 18.6 million. The company expected a return of KWD 2.71 million from the waiver, according to a bourse filing. The last …
Companies Investments
Equipment Holding’s headquarters (Photo Archive)
29 March 2016 08:51 AM Equipment slips to fourth-quarter losses
Kuwait-Mubasher: Equipment Holding’s Q4-15 financials saw a negative turn, suffering losses worth about KWD 489,200 ($1.62 million), against earnings worth nearly KWD 502,100 ($1.66 million) in Q4-14. Also, during the fiscal year 2015, the …
Financial Results
Photo Credit: Arabianeye-Reuters
11 November 2015 09:35 AM Kuwait’s Equipment losses deepen in 9M
Kuwait-Mubasher: Equipment Holding suffered about KWD 925,000 losses in the first nine months, compared to nearly KWD 475,200 in the same period of 2014. In the third quarter, the company’s losses reached approximately KWD 430,700 from around KWD …
Financial Results
Photo Credit: Arabianeye-Reuters
19 October 2015 11:35 AM Equipment Holding stock hits 2-month rise
Kuwait-Mubasher: Equipment Holding stock reached 70 fils, rising 1.5% an hour before closing the trading session on Monday; hitting its highest level in two months. The stock recorded the fourth highest trading volume of 10.44 million shares that …
Trading Activities
Photo Credit: Arabianeye-Reuters
13 May 2015 11:00 AM Equipment sees 34% growth in Q1 earnings
Equipment Holding achieved 34% increase in its net profits of the first quarter, posting about KWD 220,500 ($729,200) compared to nearly KWD 164,900 ($545,300) in Q1-14.The company’s earnings per share increased to 1.62 fils in Q1-15 from 1.21 …
Financial Results
Photo Credit: Arabianeye-Reuters
28 April 2015 08:01 AM Investors of 8 Kuwaiti firms await key events Tuesday
Shareholders of eight companies listed on Kuwait Stock Exchange are awaiting major events to take place on 28 April, as Tamdeen Investment’s ordinary general meeting (OGM) will discuss the board’s proposal of paying 10 fils a share to investors …
Financial Results
Photo Credit: Arabianeye-Reuters
20 April 2015 08:33 AM Tijara among 5 listed firms to take key actions
Shareholders of Kuwait Stock Exchange (KSE) are anticipating key events from five listed companies, as Tijara and Real Estate Investment’s ordinary general meeting will discuss the board’s proposal of freezing dividends for the fiscal year ended …
Financial Results
Photo Credit: Arabianeye-Reuters
19 March 2015 01:47 PM Equipment Holding unit awarded KWD 3.2m tender
Kuwait - based Equipment Holding Co. said a subsidiary has been awarded a tender worth of KWD 3.2 million ($10.7 million) from Kuwait's ministry of education.Under the agreement, Al Khadda International General Trading, 99%-owned by Equipment, …
Company News
Photo Credit: Arabianeye-Reuters
2 March 2015 10:01 AM Equipment Holding affiliate wins $3.3m tender
A 99% subsidiary of Equipment Holding Company has won a tender presented by the Kuwaiti Ministry of Electricity and Water. The tender is worth KWD 980 thousand (about $3.3 million), with a duration of 36 months. Equipment Holding …
Company News
Photo Credit: Arabianeye-Reuters
2 March 2015 08:47 AM Equipment Holding earnings retreat in FY14
Equipment Holding Company has issued its financial statements for the year 2014, showing a decline of 67% in its earnings. The firm posted a net profit of KWD 977.4 thousand (about $3.3 million) in 2014, compared to KWD 2.97 million (nearly …
Company News
Photo Credit: Arabianeye-Reuters
2 February 2015 00:00 PM Equipment stock targets 124 fils level – analyst
By Mohamed FaroukKuwait- Mubasher: The stock of Equipment Holding Co. has advanced during Monday’s session by 3.8% or 4 fils to reach 110 fils.The stock came second among top actives in terms of traded volume, as 14.84 million shares were …
Company News
11 January 2015 00:35 PM Agility's dividends payout for 2014 may come at 40% - analyst
Written by: Muhammad FaroukKuwait - based Al Salam Group Holdings net profit for the fiscal year ended December 31, 2014 may record the highest growth rate among 12 Kuwaiti listed companies, said Ahmed Jassim AL qamar, senior direct investment …
Financial Results
9 November 2014 03:29 PM Equipment holding unit awarded KWD13.6m tender
Equipment Holding said its 99%- owned Equipment Co WLL subsidiary has awarded KWD13.6 million tender from Kuwait's Public Authority for industry.The company's interim financial statements for H1-FY14 have reflected KWD 497 thousands net …
Company News