The Board of Directors approved the consolidated financial statements for the fiscal year ended December 31, 2025, and recommended no dividend distribution to shareholders.
Full-year net profit attributable to shareholders decreased by 77.12% to KWD 937,519, down from KWD 4,097,877 in the previous year.
The company reported a net loss of KWD 770,066 for the fourth quarter of 2025, compared to a profit of KWD 1,966,727 in the same period of 2024.
Management attributed the decline in profitability to a loss on the deemed disposal of associates and a decrease in gains from bargain purchases of associates.
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