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Kuwait Integrated Holding posts KD 1.9 mln in H1 profits

KUWAIT, Aug 10 (KUNA) -- The Kuwaiti Integrated Holding Company on Wednesday announced net profits of KD 1.9 million (USD 6.2 million) in the first half of 2022, compared with KD 345,16 (USD 1.1 million) in the same period of 2021.
In a disclosure posted on the Boursa Kuwait's website, the company said per share dividends amounted to 7.8 fils per share in the first half of this year from 1.3 fils in the corresponding period of the previous year, up 477 percent.
Established in 2005 and listed on the stock exchange in 2018 with an authorized capital of KD 25.3 million (USD 83.4 million, the Integrated Holding is mainly active in the acquisition of local and foreign corporate shares. (end) mka.mt