The North Az-Zour Al-Oula Power and Water Company announced that it achieved profits of 10.22 million dinars in the first nine months of this year, an increase of 7.1% compared to profits for the same period in 2020. amounting to 9.55 million dinars.
The company said in a statement to the Kuwait Stock Exchange, today, Thursday, that the rise in profits during the comparison periods is mainly due to the low interest cost.
The company's total operating income in the first nine months of this year amounted to about 37.46 million dinars, compared to 38.64 million dinars in the corresponding period of 2020, a decrease of 3.1% .
The company achieved a profit of 3.79 million dinars in the third quarter of this year, compared to a profit of 3.57 million dinars for the same period of the previous year, an increase of 6.4%.< /p>
The company's board of directors recommended, in its meeting held yesterday, Wednesday, the distribution of 9 fils as cash dividends for the previous period of this year, and the approval of holding an ordinary general assembly, which will be disclosed It is due at a later time.
