LOC16:30
13:30 GMT
KUWAIT, Feb 23 (KUNA) -- Boursa Kuwait Company reported a net profit of KD 28.18 million (USD 85.9 million) for 2025, up 55.01 percent from KD 18.18 million (USD 55.44 million) in 2024.
In a statement Monday, the company said it maintained strong financial and operational performance, recording growth across key indicators, reflecting its strategic vision, resilient business model and solid financial position.
Operating revenues rose 38.60 percent to KD 50.33 million (approx. USD 153.5 million), compared with KD 36.31 million (approx. USD 110.74 million) in 2024.
Operating profit increased 54.21 percent to KD 34.54 million (approx. USD 105.34 million), while earnings per share climbed 55.01 percent to 140.36 fils, up from 90.55 fils a year earlier.
The board recommended a cash dividend of 127 fils per share for 2025, representing 90.49 percent of net profit, subject to approval by the ordinary general assembly.
Chairman Bader Al-Kharafi said the results underscore the exchange's sustainable growth despite global geopolitical and economic challenges.
He noted that 2025 marked a milestone for Kuwait's capital market, with the Premier Market index rising over 21 percent and both the Main and All-Share indices gaining more than 20 percent. Market capitalization exceeded KD 53.18 billion (USD 162 billion).
Al-Kharafi said the results reflect market depth, investor confidence and the exchange's capacity to absorb investment flows efficiently and sustainably.
Chief Executive Officer Mohammad Al-Osaimi said 2025 witnessed major infrastructure upgrades, including the second part of phase three of the market development program.
He added that the phase included launching the central counterparty system, activating cash settlement through the Central Bank of Kuwait's KASSIP system, and upgrading brokerage firms to the "Qualified Broker" model.
The company reaffirmed its commitment to innovation, technological investment and national talent development to reinforce Kuwait's position as a regional financial hub. (end)
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