Dear Visitors,,,
On behalf of the Board of Directors and Company staff, it gives us great pleasure to welcome you to the official website of Boubyan International Industries Holding Company - K.S.C - Closed (BIIHC) to review together, the general information about the company.
Your company
has ended its sixth year since inception with continued success, thank God. Despite
of the difficult extended period of global economic condition, the Company’s
performance for the financial year ended 31/7/2010 resulted in net profit of 3.57
million (11.90 fils per share). The total assets stood at 73.4 million and
shareholders equity KD 52.2 million.
The reason
behind this increase in the company profitability is primarily due to the exit
of an associate company Moona Noor Manufacturing & Trading Company – Oman
and achieving good returns on some other investments from previous years. We are also pleased to inform you that BIIHC
has got an approval from Kuwait Stock Exchange for listing in stock market.
The company
will continue its cautious and best efforts in searching for promising
investment opportunities in order to build a medium to long term investment
base that meet the company strategy of development and diversification of
income sources.
Finally and on behalf of the board of directors, I would like to express our gratitude for the support and blessing that you have given us and we look forward to a bright future for the Company.
May God bless you. |