Kuwait .. “Achievements” shares rises to the highest price since the list

The arrow of the Achzat Real Estate Development Company, which is raised and traded on the Kuwait Stock Exchange, increased by 21.27% by closing trading today, Sunday, to close at the price of 118 fils per share, achieving its highest price since the inclusion.

The trading on the share of real estate development at that time came at 1.40 million shares with a value of trading 156.04 thousand dinars.

The highest price of the share at that time was at 123 fils, while the lowest price for the share was at 102 fils.

Achletat Real Estate Development Company

Achievement Real Estate Development Company achieved profits of 405.36 thousand dinars during the first quarter of this year, compared to 1.38 million dinars during the same period in 2024, and this decrease is attributed to the sale of a number of investment properties during the past year. The operational revenues also recorded a decrease of 44% to 1.30 million dinars in the first quarter of this year.

Despite this separate decline, the company was completed in 2024 with a positive performance, as its annual profits increased by 28.5% to 3.02 million dinars, compared to profits of 2.35 million dinars in 2023.

The achievements of growth in the profits of the fourth quarter of 2024 were also recorded by 8.44% on an annual basis, achieving 871.76 thousand dinars, compared to 803.90 thousand dinars during the same period of the previous year.

Achievers Real Estate Development Company, which was established in 1998 and is based in Kuwait City, is known as its headquarters, as a private company that works in the field of real estate development and investment, and provides various services in this vital sector.