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13/06/2012 08:36 AST
Boubyan Petrochemical Company (BPC) announced realizing profit of 24.7 million Kuwaiti dinars for the year ending April 30, 2012, which compares to a sum of KD 22.8 for the previous fiscal year. Share dividend reached 51.1 Kuwaiti fils, compared to last year's 47.2 fils.
In its statement on the Kuwait Stock Exchange (KSE) website, BPC said the board recommended cash dividend at 40 percent for the said year, for shareholders registered at the time of the General Assembly, which took place yesterday.
Shareholders equity came to KD 278.4 million compared to last year's 258.4 million. Assets meanwhile came to KD 428.3 whereas liabilities came to KD 148.5 million by the end of April.
Liabilities last year were KD 170 million. The company was founded in 1995, listed with KSE in 1997 with paid capital of KD 48.5 million. It is licensed to invest in industrial ventures in general, and specifically in the fields of chemicals and petrochemicals. The company's main investments are stakes in EQUATE, and the two fully owned off-shoots Boubyan Plastic Industries and National Waste Management Company.
KUNA
19/12/2011
Board of Director of Boubyan Petrochemical Company (BPCC) met on Dec 15 and approved its interim financial statements for the six months periods ending Oct 31, 2011. BPCC reported a profit of KD 4,10
Arab Times
31/07/2010
Boubyan Petrochemical Company (BPC), a Kuwaiti shareholding company, said on Thursday planned release of 30 percent cash dividend (30 fils per share) to shareholders for the fiscal year ending April
KUNA
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18/07/2025
Kuwait's Jazeera Airways has launched the first phase of a Customer Experience (CX) and Feedback Intelligence Platform from LitmusWorld, following its recent upgrade of its Passenger Service Systems
Trade Arabia
17/07/2025
In a strategic move that sets a regional benchmark, Oman Cables Industry (OCI), has secured Environmental Product Declarations (EPDs) for its key cable families reinforcing its position as a regional
Times of Oman
17/07/2025
Emirates NBD has concluded AED3.9 billion ($1.06 billion) Syndicated Bonding Facilities to a consortium created by MAPA, LIMAK and CRRC that will deliver the new Dubai Metro 'Blue Line' Project.
Trade Arabia
17/07/2025
Adnoc announced on Wednesday its intention to transfer its 24.9 per cent shareholding in OMV AG to XRG, its wholly-owned international investment company.
This transfer, which is subject to
Khaleej Times
16/07/2025
In line with its commitment to enabling strategic partnerships that support sustainable business growth, Sohar International has signed a consolidated loan agreement with Liva Group, a leading multi
Muscat Daily
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