Noor Financial Investment Co KPSC 2022 Annual Report
The report highlights Noor Financial Investment Company's financial and operational performance for the fiscal year 2022. The company achieved a net profit of KD 19.82 million attributable to shareholders, representing a 14.3% increase compared to the previous year. Noor successfully reduced its debt from KD 18.4 million to KD 15 million, achieving its lowest debt-to-equity ratio of 0.18. Its associate, Meezan Bank, delivered exceptional performance with PKR 44.9 billion in profitability. Additionally, the company continued its corporate social responsibility initiatives by supporting children with incurable diseases through partnerships with KACCH and BACCH.
Company: Noor Financial Investment Co KPSC
Sector: Finance & insurance
Country: Kuwait
Year: 2022
Type: Annual Report
Pages: 55
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Noor Financial Investment Co KPSC
Annual Report
The report highlights Noor Financial Investment Company's financial and operational performance for the fiscal year 2022. The company achieved a net profit of KD 19.82 million attributable to shareholders, representing a 14.3% increase compared to the previous year. Noor successfully reduced its debt from KD 18.4 million to KD 15 million, achieving its lowest debt-to-equity ratio of 0.18. Its associate, Meezan Bank, delivered exceptional performance with PKR 44.9 billion in profitability. Additionally, the company continued its corporate social responsibility initiatives by supporting children with incurable diseases through partnerships with KACCH and BACCH.
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Document Details
Report Year
2022
Reporting Period
Jan 1, 2022 - Dec 31, 2022
Fiscal Year
2022
Type
Annual Report
Language
English
Pages
File Size
Standards & Assurance
No data available
ESG Data?Experimental: AI-extracted data, may contain inaccuracies
Employees