Credit Rating & Collection (TAHSSILAT) News - Mubasher Info
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10 March 11:15 AM

Credit Rating & Collection (TAHSSILAT`R)

Last update: 6 January 2025 00:29 PM market time.
47.90
-0.20
-0.42%
Open 48.10
Previous Close 48.10
High 48.10
Low 45.70
Stock Statistics
Volume 82,032
Turnover 3,915.92
All data are 15 minutes late during market session

News

The property spans an area of 1,438.93 square meters
16 April 2020 01:57 PM Tahssilat’s unit buys residential property in Ras Al Khaimah
Mubasher: Credit Rating and Collection (Tahssilat) said that Credit Rating and Collection Co (CRC), a 99%-owned subsidiary in Abu Dhabi, has reached a preliminary agreement to purchase a residential building in Ras Al Khaimah emirate for KWD 1 …
Companies Investments
The losses of the period amounted to nearly KWD 107,610
24 October 2019 02:58 PM Tahssilat suffers 49% higher losses in Q3-19
Mubasher: The losses of Credit Rating and Collection (Tahssilat) hiked by 48.6% year-on-year during the third quarter of 2019. Tahssilat incurred nearly KWD 107,610 ($355,400) losses in Q3-19, compared to about KWD 72,420 ($239,200) in the …
Financial Results
Losses shrank to about KWD 72,440 ($239,400) in Q3-18
21 October 2018 03:30 PM Tahssilat Q3 losses shrink 73%
Mubasher: Credit Rating and Collection (Tahssilat) registered a decrease of 73.2% in losses during the third quarter of 2018 compared to the same period a year ago. Losses shrank to about KWD 72,440 ($239,400) in Q3-18 from nearly KWD 269,840 …
Financial Results
Tahssilat has registered net operating losses of about KWD 75,600
23 July 2018 05:01 PM Tahssilat incurs losses in Q2, H1
Mubasher: Credit Rating and Collection (Tahssilat) suffered a loss of about KWD 75,590 during the second quarter of 2018 against profits valued at nearly KWD 22,470 in the same period a year ago, according to a bourse statement on Monday. From …
Financial Results
Net losses amounted to KWD 114,130 in Q1-18
30 April 2018 02:50 PM Tahssilat turns to losses in Q1-18
Mubasher: The financial results of Credit Rating and Collection (Tahssilat) showed that the company swung to loss for the first quarter of 2018. Net losses amounted to KWD 114,130 in the three-month period ended March 2018, against a profit of KWD …
Financial Results
Tahssilat achieved a profit of nearly KWD 274,300 in FY17
5 February 2018 00:15 PM Tahssilat losses shrink in Q4; annual financials turn to profit
Mubasher: Credit Rating and Collection (Tahssilat) reported a decline of 88.2% in losses during the fourth quarter of 2017 compared to the same quarter a year ago. Losses decreased to about KWD 555,900 ($1.86 million) in Q4-17 from KWD 4.71 …
Financial Results
The Q3 losses were 342.22% higher than around KWD 61,020 ($202,120) in Q3-16
22 October 2017 04:43 PM Tahssilat incurs losses in Q3; financials turn profitable in 9M
Mubasher: Credit Rating and Collection (Tahssilat) has incurred losses of nearly KWD 269,840 ($893,810) in the third quarter of 2017. The Q3 losses were 342.22% higher than around KWD 61,020 ($202,120) in the same period a year ago, according to a …
Financial Results
Photo Credit: Arabianeye-Reuters
30 April 2017 02:26 PM Tahssilat turns profitable in Q1
Mubasher: Credit Rating and Collection (Tahssilat) achieved a profit of KWD 1.08 million ($3.53 million) during the first quarter of 2017 versus a loss of nearly KWD 138,340 ($452.240) in the same period in 2016. The positive results are …
Financial Results
Tahssilat suffered a growth of 997% in losses in FY16 (Photo Credit: Arabianeye-Reuters)
10 February 2017 02:40 PM Tahssilat losses widen to KWD 4.7m in Q4
Mubasher: Credit Rating and Collection (Tahssilat) reported an increase of 2,267.7% in losses during the fourth quarter of 2016 as compared to the same period a year ago. Losses deepened to KWD 4.7 million ($15.4 million) in Q4-16 from around KWD …
Financial Results
Tahssilat will own 8.25 million shares in Frontguard Holding Limited (Photo Credit: Arabianeye-Reuters)
9 January 2017 10:13 AM Tahssilat seals KWD 1.9m debts settlement deal
Kuwait – Mubasher: Credit Rating and Collection (Tahssilat) has finalized a sale deal as part of the company’s share in a debts-settlement agreement with Adeem Investment Co. worth £5.07 million (KWD 1.9 million). After sealing the deal, Tahssilat …
Companies Investments
(Photo Credit: Arabianeye-Reuters)
27 October 2016 02:23 PM Tahssilat turns to losses in Q3
Kuwait – Mubasher: Credit Rating and Collection (Tahssilat) posted losses in the third quarter of 2016. Losses reached KWD 61,000 ($200,900) in Q3-16, against profits of KWD 29,000 ($95,500) in the same period last year, according to the company’s …
Financial Results
Net losses reached KWD 91,820 ($302,540) in Q2-16 (Photo credit: Arabianeye - Reuters)
1 August 2016 03:02 PM Tahssilat trims Q2 losses by 19%
Kuwait-Mubasher: Credit Rating and Collection Company’s (Tahssilat) losses shrank in the second quarter of fiscal 2016 by 18.6% year-on-year. Net losses reached KWD 91,820 ($302,540) in Q2-16, versus KWD 112,860 ($371,860) in Q2-15, according to a …
Financial Results
Photo Credit: Arabianeye-Reuters
21 February 2016 09:31 AM Tahssilat’s losses increase in Q4, shrink in FY15
Kuwait-Mubasher: The financial statements of Credit Rating and Collection (Tahssilat) showed a 10% increase in losses during the fourth quarter of 2015 as compared to the same quarter of 2014. Tahssilat posted losses worth around KWD 198,550 …
Financial Results
Photo Credit: Arabianeye-Reuters
19 January 2016 10:20 AM Court sets 22 Feb for Tahssilat’s case against Qaf
Kuwait-Mubasher: Credit Rating and Collection (Tahssilat) said that the Kuwaiti court has scheduled 22 February for the company’s lawsuit filed against Qaf Investment Company, according to a bourse filing. In the case, Tahssilat is claiming $12.46 …
Law
Photo Credit: Arabianeye-Reuters
17 November 2015 10:43 AM Tahssilat says case against Qaf Investment postponed
Kuwait-Mubasher: Credit Rating and Collection (Tahssilat) said that the Kuwaiti court postponed the company’s lawsuit filed against QAF Investment Company (QIC) to 18 January, 2016. Tahssilat had filed the lawsuit to demand KWD 3.56 million …
Companies Investments
Photo Credit: Arabianeye-Reuters
27 October 2015 09:04 AM Court sets 16 Nov for Tahssilat lawsuit
Kuwait-Mubasher: Credit Rating and Collection (Tahssilat) said that the court set 16 November to hold a hearing session for the lawsuit filed by Tahssilat against QAF Investment Company (QIC), formerly Bayt-el-Mal Investment Company. Tahssilat …
Law
Photo Credit: Arabianeye-Reuters
3 September 2015 09:42 AM Tahssilat unit buys properties in Dubai
Credit Rating and Collection – UAE, a 99%-owned subsidiary of Kuwaiti Tahssilat, signed a final agreement to buy four units, of which three are residential and one commercial, at Dubai’s Damac Central Tower. The contract is worth KWD 725,400 ($2.4 …
Management Decisions
Photo Credit: Arabianeye - Reuters
20 August 2015 11:16 AM Tahssilat exits stake in Rasameel for KWD 157.5THD
Kuwait – Mubasher: Credit Rating & Collection (Tahssilat) divested its 1.75 million shares in Rasameel Structured Finance Company at 90 fils each, totalling KWD 157,500, according to a filing to the stock market on Thursday. The company added that …
Company News
Photo Credit: Arabianeye-Reuters
6 August 2015 11:34 AM Tahssilat H1 losses deepen, Q2 results turn negative
Credit Rating and Collection (Tahssilat) registered a leap of 112% to about KWD 285,400 ($939,600) in losses for the first half of 2015, compared to nearly KWD 134,600 ($443,300) in H1-14, the company said in a bourse statement on Thursday. …
Company News
Photo Credit: Arabianeye-Reuters
8 July 2015 00:22 PM Tahssilat approves offsetting accumulated losses
Written by: Ahmed Awad Kuwait – Mubasher: Credit Rating and Collection (Tahssilat) shareholders gave a nod to offset part of the company's accumulated losses that amounts to KWD 12.119 million. The firm will offset these losses through using the …
Corporate Actions
Photo Credit: Arabianeye-Reuters
8 July 2015 08:58 AM Two KSE firms to take key decisions Weds
Investors of two companies listed on the Kuwait Stock Exchange (KSE) will be poised for major announcements to be released on Wednesday, as Strategia Investment will hold an ordinary general meeting to discuss the board's suggestion of delisting …
Event
Photo archive
1 June 2015 01:44 PM Tahssilat unit seals KWD 595 THD contract
Credit Rating and Collection (Tahssilat) said its 99% -owned Real Estate Rating Co. sealed a deal with contracting company to construct and develop a residential property.The deal value stands at nearly KWD 595,000, said the company in a bourse …
Company News
Photo Credit: Arabianeye-Reuters
30 April 2015 10:35 AM Tahssilat Q1 losses deepen to KWD 172,500
Credit Rating and Collection (Tahssilat) posted losses worth about KWD 172,500 in the first quarter of 2015 compared to around KWD 148,300 in Q1-14.Tahssilat’s loss per share rose to 1.05 fils in Q1-15 from 0.89 fils in Q1-14, the company said in …
Financial Results
Photo Credit: Arabianeye-Reuters
29 April 2015 07:59 AM Investors of 13 KSE-listed firms await key events
Shareholders of thirteen companies listed on Kuwait Stock Exchange are anticipating major events to take place on 29 April, as Kuwait Cement’s ordinary general meeting (OGM) will discuss the board’s proposal of distributing 18% cash …
Financial Results
Photo Credit: Arabianeye-Reuters
28 April 2015 11:18 AM Tahssilat, Napesco to review Q1 financials in 2 days
The boards of Credit Rating and Collection (Tahssilat) and National Petroleum Services (Napesco) will hold meetings on 29 and 30 April respectively to discuss the financial statements of the first quarter ended 31 March, 2015.Tahssilat registered …
Financial Results