31/01/2013 10:26 AST

Kuwait's Aref Energy Holding Co said yesterday full-year losses widened to 9.96mn Kuwaiti dinars ($35.42mn) in 2012 compared with a 5.11mn loss dinars in the previous year.

The company's fourth-quarter loss, however, narrowed sharply to about 497,000 dinars from 3.73mn dinars a year earlier, according to Zawya Dow Jones calculations and Zawya.com data.

A substantial loss in the first quarter of 2012 accounted for a major chunk of the full-year loss; Aref improved its results in the subsequent quarters of the year compared with 2011, as per Zawya data.

The company, a unit of Kuwait Finance House, said in a statement posted on the Kuwait bourse website that full-year losses per share widened to 13.3 fils from 6.8 fils in 2011.


Gulf Times

Capital Standards assigns 'BB+' to AREF Energy Holding Company

15/12/2011

Capital Standards (CSR) has assigned, on a standalone basis, a first-time Corporate Credit Rating of 'BB+' on an international scale and 'BBB+KW' on a national scale to AREF Energy Holding Company K.

Al Watan

Aref Co posts KD 10.7 million in net profits for 2010

15/03/2011

Aref Energy Holding Company (Aref Co) earned 10.7 million Kuwaiti dinars in net profits for the fiscal year (FY) that elapsed on Dec. 31, compared to KD 7.9 million in losses in 2009.

The co

KUNA

Kuwait's Aref Energy makes $60 mln profit in stake sale

10/03/2010

Kuwaiti group Aref Energy Holding Co said it sold 95 percent of its stake in a gas joint venture in Texas, making about $60 million profit.

In 2007, Aref set up DeWitt Tract Co, a fully-owne

Arab Times

Ticker Price Volume
ENERGYH Sector Market
P/E
Price/BookValue
Relative Strength
  • 1-Month
  • 3-Month
  • 1-Year
Volume Change
  • 10D Avg Vs 90D Avg
Price Vs…
  • 52-w high
  • 50-day moving avg.
  • 200-Day Moving Avg
Ticker Price Change
SAUDIARAMCO 24.52 0.06 (0.24%)
ADNOCGAS 3.36 0.02 (0.59%)
ADNOCDRILL 5.49 0.09 (1.66%)
BAHRI 29.50 0.00 (0.00%)
ADES 16.97 0.12 (0.71%)
NBK calls customers to verify banknotes before accepting them

23/01/2026

As part of its commitment to actively taking part in raising awareness and promoting financial inclusion and culture among all society segments, National Bank of Kuwait continues to support the banki

Kuwait Times

AlRayan Bank reports net profit of QR1,530m for 2025

23/01/2026

AlRayan Bank released yesterday its consolidated financial statements for the year ended December 31, 2025 with net profit attributable to the equity holders of the bank of QR1,530m.

The res

The Peninsula

Nizwa Dates Industrial Complex opens

23/01/2026

Oman Agriculture Development Company today opened Nizwa Dates Industrial Complex. This strategic project serves as an example of investments that generate direct economic value and social impact and

Times of Oman

Aramco CEO says oil glut predictions are exaggerated

23/01/2026

Global oil ?glut predictions are seriously exaggerated ?as demand growth ?remains strong and global oil stocks are ?depleted, Amin Nasser, chief executive ?of Aramco, the world's biggest ?oil produce

Reuters

Kuwait Airways adds 11 new destinations for summer 2026, rolls out 15% fare discount

23/01/2026

Kuwait Airways said on Thursday it will launch 11 new destinations for its summer 2026 season, including Alexandria, Zurich, Mykonos, Malaga, Sharm El Sheikh, Salalah, Antalya, Trabzon, Sarajevo, Vie

Gulfnews