National Consumer Holding Co (NCCI`R)

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News

4 March 2020 01:15 PM GIH’s investments to rise after new acquisition

Mubasher: Investments by Gulf Investment House (GIH) will increase by KWD 528,545 following the acquisition deal concluded by its unit, Afkar Holding, of Al Watania Paper Products Company (Waper), a subsidiary of National Consumer Holding …

Companies Investments

3 March 2020 10:38 AM Afkar Holding to buy NCHC’s unit at KWD 2m

Mubasher: The board of National Consumer Holding Company (NCHC) has accepted Afkar Holding’s offer to fully acquire Al Watania Paper Products Company (Waper) at a value of KWD 2.39 million.   The transaction's value includes a KWD 1.018 million …

Mergers and Acquisitions

1 March 2020 01:16 PM Afkar Holding in talks to acquire NCHC's unit

Mubasher: National Consumer Holding Company (NCHC) has received a letter of intent from Afkar Holding, a subsidiary of Gulf Investment House (GIH), to acquire Al Watania Paper Products Company (Waper). NCHC owns 99% of Waper's share capita, with a …

Mergers and Acquisitions

4 August 2019 10:39 AM National Consumer Q2 profits drop 79%

Mubasher: National Consumer Holding, listed on Boursa Kuwait, has posted a 79.2% year-on-year decline in profits for the second quarter of 2019.  Profits for Q2-19 stood at KWD 20,680 ($68,040), versus KWD 99,580 ($327,670) during the quarter in …

Financial Results

25 March 2019 10:42 AM National Consumer turns profitable in Q4-18

Mubasher: National Consumer Holding Company on Monday announced turning to profits during the fourth quarter of 2018, against losses incurred in the year-ago period. National Consumer’s profits amounted to about KWD 25,030 ($82,600) in Q4-18, …

Financial Results

23 May 2018 10:09 AM National Consumer maintains market share despite higher costs

Mubasher: The shareholders’ equity rights of National Consumer Holding stood at KWD 8.14 million, with its book value at 90.5 fils, chairman Ahmed Sulaiman Al Khaled said, as reported by Al Qabas Newspaper. Net losses shrank by 103% or about KWD …

Companies Investments

25 March 2018 10:26 AM Kuwait’s National Consumer exits investment in UAE firms

Mubasher: National Consumer Holding has sold its share in an investment by its subsidiaries in the UAE Rocmet Corporation and Special Steel. The sale value stands at about KWD 552,950 ($1.85 million), according to a bourse statement on Sunday. …

Companies Investments

23 February 2015 10:46 AM NCHC posts $90 THD earnings; no dividends distribution

National Consumer Holding Company (NCHC) announced its financial results for the year 2014, posting earnings worth KWD 331.43 thousand ($90,9 thousand) in 2014 against losses worth KWD 174.18 thousand ($47.8 thousand) in 2013. Moreover, …

Company News

27 August 2014 03:55 PM KSE indices end in mixed board amid lackluster trading

Kuwait bourse ended on mixed note on Wednesday, as the price index - market benchmark - reiterated by 0.17% or 12.4 points to close at 7396.2 pts , to move away from level of 7400 pts that it has surpassed in previous …

Market News

23 July 2014 02:07 PM National Consumer achieves KWD 370.9 THD profit in H1

National Consumer Holding announced interim financial statements for H1-FY14 which reflected KWD 370.9 thousands net profit , compared to KWD 42.5 thousands posted in the same period a year earlier up by 772.7%.The company posted …

Company News

5 June 2014 04:42 PM National Consumer OGM approves withholding dividends

National Consumer Holding (NCC) announced that an ordinary meeting which was convened Thursday June 5 ratified board proposal to withhold dividend for the fiscal year 2013.On Sunday, National Consumer announced that its wholly owned …

Company News

1 June 2014 01:01 PM National Consumer unit signs KWD 1.26 mln deal in Kuwait

National Consumer Holding announced that its wholly owned subsidiary National Paper Products has signed a contract with Kuwait Union of Consumer Cooperative Societies to supply paper bath towels with total value of KWD 1.26 million …

Company News