Soor Fuel Marketing (SOOR) News - Mubasher Info
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25 May 02:36 PM

Soor Fuel Marketing (SOOR`R)

Last update: 01:09 PM market time.
260.00
27.00
11.59%
Open 265.00
Previous Close 233.00
High 265.00
Low 260.00
Stock Statistics
Volume 16,156
Turnover 4,243.66
All data are 15 minutes late during market session

News

Further details will be announced later on
14 May 2020 08:39 AM Soor Fuel awarded KWD 9m selective practice deal by interior ministry
Mubasher: Soor Fuel Marketing (Soor) has won a selective practice worth KWD 9.372 million by the Kuwaiti Ministry of Interior to supply fuel provision cards and RFID system for fuel control and management.  The contract signing process is still in …
Companies Investments
Profit declined to KWD 2.4m in 6M
7 August 2019 07:30 PM Soor records $4m profit in Q2-19
Mubasher: Soor Fuel Marketing’s (Soor) profit grew by 2.5% year-on-year to KWD 1.24 million ($4.08 million) during the three-month period ended 30 June 2019. The company’s profit declined by 0.25% year-on-year to KWD 2.4 million in the first six …
Financial Results
Soor’s shareholders approved to pay KWD 60,000 as remuneration to the board members
9 April 2019 02:42 PM Soor Fuel to distribute KWD 2m dividends for FY18
Mubasher: Soor Fuel Marketing’s (Soor) ordinary general meeting (OGM) on Tuesday has approved the board of directors’ recommendation to distribute cash dividends worth KWD 2 million at 5 fils per share, representing 5% of the share’s par …
Management Decisions
Net profits amounted to KWD 683,000 ($2.25 million) in Q3-18
11 November 2018 02:47 PM Soor Fuel posts KWD 3m profit in 9M
Mubasher: Soor Fuel Marketing (Soor) on Sunday reported a 15% year-on-year increase in profits for the third quarter of 2018. Net profits amounted to KWD 683,000 ($2.25 million) in Q3-18, compared to KWD 591,000 ($1.95 million) in Q3-17, according …
Financial Results
Soor has announced the selling of 3.21 million shares in Integrated
25 June 2018 01:52 PM Soor to generate KWD 2m profit from Integrated equity
Mubasher: Soor Fuel Marketing said that a profit worth KWD 1.98 million ($6.6 million) is expected to be generated from selling 40% of the company’s stake in Integrated Holding Co. The financial impact of this transaction will be an increase in …
Trading Activities
The equity represents 3.21 million shares
24 June 2018 02:37 PM Soor sells KWD 2m equity in Integrated Holding
Mubasher: Soor Fuel Marketing has completed selling 40% of its total shares in Integrated Holding, according to a bourse statement on Sunday. The equity represents 3.21 million shares at a value of 730 per share, with a total of KWD 2.27 million …
Companies Investments
The board of Soor Fuel recommended a cash dividend of 5%
14 March 2018 03:01 PM Soor Fuel FY17 profits grow 1.7%; dividends proposed
Mubasher: Soor Fuel Marketing posted a drop of 8.6% in profits during the fourth quarter of fiscal year 2017 compared to the same period a year ago. Earnings declined to about KWD 539,800 ($1.80 million) in Q4-17 from around KWD 590,800 ($1.97 …
Board of Directors
Metalics Energy is a contracting company in the field of oil and gas
20 November 2017 03:32 PM Soor exits stake in Metalics Energy for Metal and Recycling
Mubasher: Soor Fuel Marketing Company has sold its entire stake in Metalics Energy to Metal and Recycling, according to a bourse statement issued on Monday. Soor earlier purchased its 35% stake of Metalics’ equity for KWD 1.5 million. The …
Companies Investments
Soor profits totalled KWD 1.17 million in the second quarter of 2017
14 August 2017 02:30 PM Soor profits down 6% in Q2
Kuwait - Mubasher: The financial statements of Soor Fuel Marketing reported a decline in profits by 6.4% year-on-year for the second quarter of 2017, according to a bourse filing. The company said in a statement to Boursa Kuwait on Monday that …
Financial Results
Photo Credit: Arabianeye-Reuters
23 May 2017 10:37 AM Soor sales to rise on reopening station
Kuwait – Mubasher: Soor Fuel Marketing has reopened a filling station in Sabah Al-Salem area, following the development works recently executed, according to a bourse filing issued on Tuesday. The company expects its sales to grow in the coming …
Companies Investments
Photo Credit: Arabianeye-Reuters
14 May 2017 01:04 PM Soor Fuel Marketing Q1 profits up 1.7%
Kuwait – Mubasher: Soor Fuel Marketing posted a growth of 1.7% in profits to KWD 1.22 million ($3.98 million) in the first quarter of 2017 from KWD 1.2 million ($3.92 million) in the same period of 2016. The increase in Q1 earnings resulted from …
Financial Results
Photo Credit: Arabianeye-Reuters
11 May 2017 01:34 PM Soor Fuel nods to FY16 dividends
Kuwait – Mubasher: The ordinary general meeting (OGM) of Soor Fuel Marketing approved distributing 5% of capital as cash dividends for fiscal year 2016. The company will pay 5 fils per share to the entitled shareholders for FY16, according to a …
General Assembly
Photo Credit: Arabianeye-Reuters
17 April 2017 00:19 PM Soor sales to decline on temporary station shutdown
Mubasher: Soor Fuel Marketing has closed a filling station in Al-Ardiya area to execute development work based on environmental requirements, according to a bourse filing issued on Monday. The company expects its sales to decrease during the …
Companies Investments
Photo Credit: Arabianeye-Reuters
22 March 2017 01:24 PM Soor posts higher profits in Q4
Mubasher: Soor Fuel Marketing achieved a growth of 0.64% in profits to about KWD 590,810 ($1.93 million) during the fourth quarter of 2016, compared to nearly KWD 587,060 ($1.92 million) in the same period of 2015. During the fiscal year, earnings …
Financial Results
(Photo credit: Arabianeye-Reuters)
21 November 2016 10:09 AM Kuwait's consumer services sector profits rise 7% in Q3
By: Mohamed Farouk Kuwait – Mubasher: Financial results of 14 companies listed on the Kuwait Stock Exchange's (KSE) consumer services sector showed a combined profit year-on-year growth of 7% in the third quarter of 2016. Profits for the sector …
Financial Results
Earnings shrank to about KWD 361,220 in Q3 (Photo Credit: Arabianeye-Reuters)
14 November 2016 00:28 PM Soor Fuel Q3 profits shrink 67.8% YoY
Kuwait – Mubasher: Soor Fuel Marketing posted a decline of 67.8% in profits during the third quarter of 2016 as compared to the same period a year ago. Earnings shrank to about KWD 361,220 ($1.19 million) in Q3-16 from KWD 1.12 million ($3.69 …
Financial Results
A previous OGM of Soor (Photo Credit: Mubasher)
26 July 2016 00:42 PM Soor posts 27.2% rise in Q2 profits on higher revenues
Kuwait – Mubasher: Soor Fuel Marketing posted profits worth KWD 1.25 million ($4.11 million) in the second quarter this year, 27.2% higher from nearly KWD 982,950 ($3.23 million) in Q2-15. During the first six months of 2016, Soor reported 0.41% …
Financial Results
Soor Fuel Marketing’s OGM (Photo Credit: Mubasher)
26 April 2016 10:16 AM Soor’s shareholders approve FY15 dividends payout
By: Ahmad Awad Kuwait-Mubasher: Soor Fuel Marketing’s ordinary general meeting agreed on distributing 5% cash dividends of the capital or 5 fils per share for the fiscal year 2015. During the fiscal year 2015, Soor’s earnings reached KWD 4.15 …
Corporate Actions
Photo Credit: Arabianeye-Reuters
7 July 2015 08:51 AM Soor seals service contract with Fotouh Group
Kuwait – Mubasher: Soor Fuel Marketing said Tuesday it signed a contract with Fotouh Group International General Trading and Contracting, with expected annual revenues amount to KWD 36,000. According to a stock exchange statement, the agreement …
Company News
Photo archive
7 June 2015 11:52 AM Soor Fuel Marketing OKs capital hike
Soor Fuel Marketing shareholders on Sunday approved raising the company's capital from KWD 38.544 million to KWD 40.471 million through issuing of bonus shares, according to a bourse statement.Soor saw net profits of KWD 1.46 million for the first …
Corporate Actions
Photo Credit: Arabianeye-Reuters
14 May 2015 00:05 PM Fuel marketing firm Q1 profits soar 32.7%
Profits of Soor Fuel Marketing increased 32.7% in the first quarter to KWD 1.46 million ($4.8 million) from KWD 1.10 ($3.6 million) in the corresponding period of 2014.Soor’s annual earnings edged down 0.24% to KWD 4.09 million in FY14 from KWD …
Financial Results
Photo Credit: Arabianeye-Reuters
27 April 2015 11:56 AM Soor seeks to invest in new sectors – CEO
By: Ahmad AwadKuwait-Mubasher: Soor Fuel Marketing Company is seeking to amend its articles of incorporation to allow for carrying out new investments in other sectors, CEO said.Soor Fuel Marketing Company could see its income multiply 20-fold if …
Company News
Photo Credit: Arabianeye-Reuters
10 March 2015 08:27 AM Soor profits inch down 0.24% in FY14
Soor Fuel Marketing registered a decline of 0.24% in its earnings of the fiscal year 2014.Meanwhile, the board of directors recommended a bonus share of 5% or five shares per each 100 shares.Soor posted earnings worth KWD 4.09 million (about …
Company News
Photo Credit: Arabianeye-Reuters
9 March 2015 05:43 AM KSE-listed firms to see main events on Monday
Shareholders of Kuwait Stock Exchange (KSE) will witness several events, on Monday, regarding KSE-listed companies, as the ordinary general meeting of Gulf Bank of Kuwait will discuss the board’s recommendation of 5% bonus shares for the fiscal …
Financial Results
5 January 2015 11:28 AM Soor EGM rejects exploitation of surplus cash
Written by: Ahmed Awad Soor Fuel Marketing Co. Extraordinary General meeting (EGM) has rejected the recommendation to exploit the company's surplus cash.The recommendation was brought earlier by the company's board of …
Company News