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- Dubai gold price hits another record after near Dh7 a gram rise
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09/11/2017 05:20 AST
National Petroleum Services Company (NAPESCO) announced on Tuesday that its net profit was totaling KD 7.9 million (around $25.8 million) during the first nine months of 2017, compared to KD 5.7 million during the same period in 2016, an increase of 39.7 percent.
NAPESCO announced today on Boursa Kuwait, which formally assumed responsibility for Kuwait's stock market operations on 25 April 2016, official website that the net income per share of the first nine months of 2017 reached 82.3 fils, compared to 58.9 fils of the same period in 2016, with rise by 37.9 percent.
The positive results are reached thanks to the increase in the operational activity, indicating the absence of revenues and expenses from related transactions during the mentioned period, NAPESCO added.
National Petroleum Services Company (NAPESCO) was founded in 1993 as a private company offering pumping services to the Kuwait Energy Sector.
NAPESCO has established itself as a leading provider of Upstream Oilfield Services including Cementing, Stimulation, Coiled Tubing, Nitrogen, and Downhole Service Tools. Since 2003 NAPESCO has been a publicly traded company listed on the Kuwait Stock Exchange. In 2006 the company expanded its business operations with the region through additional capital investments, facility expansion, further diversification of business activities and the start of International Operations.
Arab Times
11/03/2009
National Petroleum Services Co. KSDCC, a Kuwait-based oil-service company, said full-year profit in 2008 declined 87.5 percent, without giving a reason.
Net income fell to 192,774 dinars
Bloomberg
| Ticker | Price | Volume |
|---|
| Ticker | Price | Change |
|---|---|---|
| SAUDIARAMCO | 25.80 | -0.15 (-0.58 |
| ABAR | 142.00 | 1.00 (0.70 |
| ADNOCGAS | 3.12 | 0.10 (3.31 |
| ADNOCDRILL | 4.94 | 0.01 (0.20 |
| BAHRI | 31.00 | -0.30 (-0.96 |
16/04/2025
E& shareholders on Tuesday approved the Board's recommendation for FY 2024 of cash dividend of 83 fils (Dh0.83) per share for the fiscal year 2024.
Jassem Mohamed Bu Ataba Alzaabi, Chairman
Khaleej Times
15/04/2025
Dukhan Bank, Qatar's leading provider of Sharia-compliant financial solutions, has launched a new House Finance campaign offering customers exclusive benefits, including a competitive profit rate as
The Peninsula
15/04/2025
Doha Bank, one of Qatar's leading financial institutions, has announced an exclusive partnership with Ox Fitness Lab, to provide its premium credit card customers with complimentary access to a growi
The Peninsula
15/04/2025
Qatar National Bank (QNB) announced Monday it had received approval from Qatar Financial Markets Authority (QFMA) to extend its share buyback for another year or until the completion of the approved
QNA
15/04/2025
Burgan Bank has released its sixth annual Sustainability Report, marking a major milestone in its ESG journey and reinforcing its excellence in sustainable financial practices. As the first bank in K
Kuwait Times
Financial Information Co.
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