Kuwait .. “Kafik” shares ascends to a new standard

Kafik’s share for investment on the Kuwait Stock Exchange rose by 46.15% during trading today, Wednesday, to trade at the price of 190 fils per share, achieving a new record.

The trading on the arrow of Kfik to invest at that time at 111.63 thousand shares came with a value of trading 20.45 million dinars.

The highest price of the stock was at that time at 190 fils, while the lowest price was at 179 fils.

The logo of the KFIC Investment Company

The KFIC Investment Company recorded a positive transformation in its financial results during the first quarter of 2025, achieving profits of about 2.37 million Kuwaiti dinars, compared to losses of 1.2 thousand dinars during the same period of the previous year.

This improvement in financial performance is due to the growth of brokerage activities, which increased by about 2.73 million dinars, in addition to the decline in salary expenses by approximately 157 thousand dinars, which contributed to supporting profitability.

The KFIC Investment Company has been established on April 15, 2000, a Kuwaiti joint stock company listed on the Kuwait Stock Exchange since July 2003, which is active in the field of non -banking financial services, and provides financing solutions that include consumer loans, real estate and commercial financing, and the financing of car and equipment purchase.

In the context of its strategic expansion, the company obtained approval to establish a follow -up entity working in the field of agricultural activities, and announced its intention to exit from the marking fund by selling its 70.87%share, which is estimated at 1.6 million Kuwaiti dinars.