Hilal Cement Co KSCP (HCC) News - Mubasher Info
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Hilal Cement Co KSCP

Last update: 2 March 2022 00:19 PM market time.
102.00
-1.00
-0.97%
Open 112.00
Previous Close 103.00
High 112.00
Low 93.10
Stock Statistics
Volume 8,873
Turnover 843.15
All data are 15 minutes late during market session

News

The value of the transaction amounts to KWD 3 million
24 January 2021 02:28 PM Suez Cement sells stake in Kuwait's Hilal Cement
Mubasher: Boursa Kuwait announced the completion of procedures for the sale of 51.75 million shares in Hilal Cement. Suez Cement, listed on the Egyptian Exchange (EGX), sold its stake in the Kuwaiti cement producer for a value of KWD 3 million or …
Companies Investments
The board approved a proposal to obtain a loan from HeidelbergCement
9 March 2020 10:50 AM Suez Cement approves loan, offers stake in Hilal Cement for sale
Cairo – Mubasher: The board of directors of Suez Cement decided to offer its 51% stake in Kuwait’s Hilal Cement for sale.   The potential deal will be executed at the fair enterprise value with a relevant earnings before interest, taxes, …
Banking and Finance
Profit grew to KWD 801,410 in 9M
6 November 2019 08:25 AM Hilal Cement turns to loss in Q3-19
Mubasher: Hilal Cement Company has turned to loss during the third quarter of the fiscal year 2019. The company reported a net loss of KWD 52,300 ($172,700) in Q3-19, according to a bourse statement released on Wednesday. In the first nine months …
Financial Results
The big increase in Q1-19 profits was ascribed to a decline in sales cost
15 May 2019 01:21 PM Hilal Cement’s profit leaps 877% in Q1
Mubasher: Hilal Cement Company reported an 877% year-on-year surge in profits during the first quarter of 2019. Profits soared to KWD 872,940 ($2.88 million) in Q1-19 from KWD 89,320 ($294,430) during Q1-18, according to a statement to Boursa …
Financial Results
Dividends will be paid as of 30 May.
2 May 2019 08:59 AM Hilal Cement to distribute KWD 1.5m dividends for FY18
Mubasher: Hilal Cement Company’s shareholders approved the board’s proposal for distributing KWD 1.52 million at 15 fils per share as cash dividends for the fiscal year 2018 during a general assembly meeting held on Wednesday. Distributions, which …
Board of Directors
The decrease in losses is attributed to higher revenues
4 March 2019 03:11 PM Hilal Cement losses shrink 93% in FY; dividends proposed
Mubasher: Hilal Cement registered a drop of 92.6% in losses during fiscal year 2018 compared to the same period last year. Losses shrank to about KWD 68,750 ($226,820) in FY18 from nearly KWD 924,750 ($3.05 million) in FY17, according to a bourse …
Financial Results
Earnings shrank to about KWD 89,320 ($296,700) in Q1-18
14 May 2018 11:12 AM Hilal Cement Q1 profits drop 29%
Mubasher: Hilal Cement achieved a decline of 29.2% in profits during the first quarter of 2018 compared to the same period in the previous year. Earnings shrank to about KWD 89,320 ($296,700) in Q1-18 from nearly KWD 126,080 ($418,800) in Q1-17, …
Financial Results
Hilal Cement’s capital stands at KWD 10.15 million
20 November 2017 10:17 AM Hilal Cement names new CEO
Mubasher: Hilal Cement announced the appointment of Ghalib Ahmed Rashid Khalil as its new CEO, starting from 19 November 2017, according to a bourse statement issued on Monday. It is worth noting that Said Al Tabtubaee chairs the board of …
Corporate Actions
Losses increased to nearly KWD 138,370 ($458,350) in Q3-17
1 November 2017 10:13 AM Hilal Cement Q3 losses deepen 466.9%
Mubasher: The losses of Hilal Cement increased by 466.9% during the third quarter of 2017 compared to the same period last year. Losses increased to nearly KWD 138,370 ($458,350) in Q3-17 from around KWD 24,410 ($80,860) in Q3-16, the company said …
Financial Results
Losses shrank to about KWD 34,300 ($113,300) in Q2-17
1 August 2017 11:55 AM Hilal Cement Q2 profits slide 91%
Kuwait – Mubasher: Hilal Cement registered a plunge of 91.3% in losses during the second quarter of 2017 compared to the same period a year ago. Losses shrank to about KWD 34,300 ($113,300) in Q2-17 from nearly KWD 394,300 ($1.3 million) in Q2-16, …
Financial Results
The approved bonus shares total 16.91 million, representing 20% of the company’s capital
7 June 2017 10:25 AM Hilal Cement approves 16.91m bonus shares for 2016
Kuwait – Mubasher: Hilal Cement said its shareholders approved to distribute bonus shares on a 20-for-100 basis for fiscal year 2016, according to a bourse statement. The approved bonus shares stand at 16.91 million, representing 20% of the …
Corporate Actions
Photo Credit: Arabianeye-Reuters
21 February 2017 04:20 PM Hilal Cement Q4 profits decline 83.9%
Mubasher: Hilal Cement posted a drop of 83.9% in profits to about KWD 80,460 ($262,900) in the fourth quarter of 2016 from nearly KWD 501,350 ($1.64 million) in the same period a year ago. During fiscal year 2016, earnings totaled nearly KWD …
Financial Results
Photo Credit: Arabianeye-Reuters
26 January 2017 00:59 PM Court issues ruling against Hilal Cement
Mubasher: Hilal Cement said that the court of appeal has ordered the company to pay nearly KWD 578,430 to Global Clearing House Systems in addition to 7% legal interest, according to a bourse statement issued on Thursday. The company will pay the …
Law
Hilal Cement's losses reached KWD 24,370 ($80,380) in Q3-16 (Photo Credit: Arabianeye-Reuters)
20 October 2016 08:19 AM Hilal Cement incurs higher losses in Q3
Kuwait – Mubasher: Hilal Cement posted a 10.5% year-on-year rise in its losses during the third quarter of 2016, according to a bourse statement. Losses reached KWD 24,370 ($80,380) in Q3-16, compared to KWD 22,050 ($72,730) in Q3-15. In the first …
Financial Results
Losses reached about KWD 394,340 ($1.3 million) in Q2-15 (Photo Credit: Arabianeye-Reuters)
20 July 2016 07:55 AM Hilal Cement’s Q2 losses increase
Kuwait-Mubasher: Hilal Cement’s losses deepened by 2301.6% in the second quarter of 2016 as compared to the same period in 20105, according to a bourse statement issued Wednesday. Losses reached about KWD 394,340 ($1.3 million) in Q2-15 versus …
Financial Results
Shareholders of Hilal Cement agreed on distributing 10% bonus shares (Photo Credit: Arabianeye-Reuters)
18 April 2016 01:22 PM Hilal Cement’s shareholders approve FY15 dividends
Kuwait-Mubasher: The shareholders of Hilal Cement agreed on distributing 10% bonus shares of paid-up capital on a 10-for-100 basis for the fiscal year 2015, unchanged from 2014, according to a bourse statement. The KSE-listed firm reported profits …
Corporate Actions
Photo Credit: Arabianeye-Reuters
18 April 2016 07:45 AM Four listed firms to decide on FY15 dividends
Kuwait-Mubasher: Four Kuwaiti companies will hold their ordinary general meetings on Monday to discuss the dividends proposed for the fiscal year 2015. Kuwait Portland Cement will consider the board’s proposal of 50% cash dividends as well as 5% …
Event
Photo Credit: Arabianeye-Reuters
9 February 2016 08:11 AM Hilal Cement Q4 results turn positive
Kuwait-Mubasher: The financials of Hilal Cement showed a positive turn as it posted about KWD 425,700 ($1.42 million) earnings in the fourth quarter, against losses of about KWD 92,000 ($306,000) in the same quarter of 2014. During FY15, profits …
Financial Results
Photo Credit: Arabianeye - Reuters
1 November 2015 10:07 AM Hilal Cement narrows losses by 89% in Q3
Kuwait - Mubasher: Hilal Cement Co. brought down its losses by 89% to KWD 22,000 for the third quarter of 2015, compared with KWD 204,400 for the same period a year earlier. The cement producer logged losses of KWD 117,150 for the first nine …
Financial Results
Photo Credit: Arabianeye-Reuters
29 April 2015 07:53 AM Hilal Cement Q1 financials take negative turn
Hilal Cement reported losses worth about KWD 78,680 ($260,200) in Q1-15, against earnings worth nearly KWD 36,400 ($120,400) in Q1-14.The loss per share reached 1.1 fils in Q1-15, against earning per share standing at 0.5 fils in Q1-14.Hilal …
Company News
Photo Credit: Arabianeye-Reuters
28 April 2015 07:01 AM Investors of 8 Kuwaiti firms await key events Tuesday
Shareholders of eight companies listed on Kuwait Stock Exchange are awaiting major events to take place on 28 April, as Tamdeen Investment’s ordinary general meeting (OGM) will discuss the board’s proposal of paying 10 fils a share to investors …
Company News
Photo Credit: Arabianeye-Reuters
23 April 2015 11:49 AM Hilal Cement approves bonus shares of FY14
The ordinary and extraordinary general meetings of Hilal Cement agreed on distributing 10% bonus shares or 10 shares per each 100 shares for the fiscal year 2014.The company reported losses worth about KWD 374,030 in 2014, against earnings worth …
Financial Results
Photo Credit: Arabianeye-Reuters
24 February 2015 07:55 AM Hilal Cement sees negative turn in FY14
Hilal Cement Company (HCC) announced its financial results for the year 2014, posting losses of approximately KWD 374,030 (about $1.26 million) in 2014 against earnings worth about KWD 518,540 ($1.75 million) in 2013. Additionally, HCC …
Financial Results
Photo Credit: Arabianeye-Reuters
23 February 2015 07:43 AM Danah raises stake in Energy Holding
Sunday’s trading session showed some changes in Kuwaiti companies’ stakes, including Danah AlSafat Foodstuff Company which raised its stake in AlSafat Energy Holding Company from 9.077% to 9.973%, registering an increase by …
Company News
11 November 2014 04:32 PM KSE indices in the green; liquidity falls 15.3%
Top indices in the Kuwait Stock Exchange (KSE) ended Tuesday in the green as the price index rose by 0.64%, adding 45.7 points and closing at 7178.64 points. Meanwhile the weighted price index added 0.77% or 3.6 points and closed at …
Banking and Finance