Kuwait .. The arrow of “National Industries” has risen to the highest price in 3 months

The share of the National Industries Company, which is listed on the Kuwait Stock Exchange, increased by 9.52% in trading today, Wednesday, to circulate at the price of 226 fils per share, achieving its highest price in 3 months.

The trading on the share of the National Industries Company at that time came at 82.31 thousand shares with a value of trading 17.76 million dinars.

The highest price of the stock was at that time at 226 fils, while the lowest price was at 206 money.

The National Industries Company announced a net profit of 520.8 thousand Kuwaiti dinars for the period ending on March 31, 2025, compared to a net profit of 2.06 million dinars during the same period in 2024.

The company explained that the change in the financial results is due to several positive factors, including the high sales and contract revenues with customers, and an increase in other operational revenues, in addition to achieving unintended profit from investments, a dedicated response related to a case in which the amount was reduced, and the ruling was implemented during the past year. The results also contributed to the decrease in the decline in the decline in the value of the city’s receivables and other assets, in addition to the decline in the losses resulting from the decrease in the value of one of the associates.

In a separate context, “National Industries” recorded a growth in its profits during the fourth quarter of 2024 by 60.74% on an annual basis, as the net profit reached 1.56 million dinars, compared to 972.23 thousand dinars during the same quarter of 2023.

It is noteworthy that the National Industries Company, CK, has been listed on the Kuwait Stock Exchange since October 2003, has been working in the materials sector, with a special focus on building materials. The company was established in January 1997, and its headquarters is located in Kuwait City.