28/12/2010 00:00 AST

Al-Madar Finance and Investment Company announced that it registered losses of KD 11.2 million, 31.5 fils per share, in the first nine months of 2010.

The company lost KD 8.6 million, 24.3 fils per share for the same period in 2009.

It said in a press release, issued on the website of Kuwait Stock Exchange (KSE) on Tuesday, that the overall shareholder equity equaled KD 27 million in the first nine months of 2010, compared with the same period in 2009.

The total of assets valued KD 115.4 million, while the total of liabilities equaled KD 81.2 million in the first nine months of 2010, it said.

The total of liabilities in the same period in 2009 equaled KD 77.8 million, it added.

The company was established in 1998 and was listed in KSE in 2005 with an issued and paid capital of KD 36.7 million.

It is specialized in investment operations and finance services according to the Islamic Sharia.


KUNA

Al-Madar incurs KD 527,295 loss in H1

01/09/2012

Capital Market Authority approved the interim financial statements of Al-Madar Finance and Investment Company (Al-Madar) for the first half period ending March 31, 2012, dated Aug 26, 2012.

Arab Times

Ticker Price Volume
MADAR 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
KINGDOM 7.87 0.13 (1.67%)
TADAWULGROUP 165.70 1.70 (1.03%)
BOURSA 3,810.00 18.00 (0.47%)
NIND 291.00 2.00 (0.69%)
GFH.KW 182.00 1.00 (0.55%)
Kuwait Airways, Sri Lankan Airlines strengthen codeshare agreement to expand travel

19/12/2025

In a move to consolidate its global network of destinations and provide diverse travel options to its valued customers, Kuwait Airways has announced the strengthening of its codeshare agreement with

Kuwait Times

Ajman Bank launches digital extension scheme to boost smart services

19/12/2025

Ajman Bank has launched a digital extension to expand its bouquet of smart, customer-centric banking services.

The Digital Extension has been designed to provide customers with seamless acce

Khaleej Times

Tecom Group launches Dh615 million Innovation Hub Phase 4 in Dubai Internet City

19/12/2025

Tecom Group PJSC, the creator of specialised business districts and communities in Dubai, has launched Phase 4 of Innovation Hub in Dubai Internet City to address rising demand for Grade-A office spa

Khaleej Times

Acwa Power in deal to boost $5bn sustainable utility projects across Africa

19/12/2025

Acwa Power, the world's largest private water desalination company, leader in energy transition and first mover into green hydrogen, has signed a co-operation framework with the African Development B

Trade Arabia

Saudia Cargo partners with exports body to boost Kingdom's products globally

19/12/2025

Saudia Cargo and the Saudi Export Development Authority inked a strategic memorandum of understanding, in a move set to accelerate the international reach of non-oil goods.

The agreement, si

Arab News