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.

 The company has ended its fifth year since inception with continued success, thank God. The company has endured about eleven months of the current global financial crisis during the financial year ended 31/7/2009. Despite of this difficult condition, the Company’s performance for the financial year ended 31/7/2009 resulted in net profit of KD 3.2 million (10.65 fils per share) after recording an impairment loss of KD 9.74 Million in the consolidated income statement in respect of investments available for sale. Furthermore the total assets stood at 77.2 million and shareholders equity KD 52.7 million.

 The reason behind this increase in the company profitability is primarily due to the exit of some of the company’s investments while achieving good returns on some other investments from previous years.

The company will continue its 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.