www.alsafwagroup.net Kuwait – Al-Qebla – Al-Kharafi Tower – 8th Floor Tel. 965 2323470 Fax : 965 2323480
profit for first quarter 2008
profit for first quarter 2008 Achieved 14,154,896 KD And EPS 13.37 Fills
profit for the year ended 2007
profit for the year ended 2007 Achieved 20,295,733 KD and EPS 21.17 Fills
profit for third quarter 2007
profit for third quarter 2007 achieved 19,530,570 KD and EPS 20.37 Fils
profit for second quarter 2007
profit for second quarter 2007 Achieved 15,448,755 KD and EPS 16.12 Fils
profit for first quarter 2007
profit for first quarter 2007 achieved 3,034,331 KD and EPS 3.17 Fils
profit for the year ended 2006
profit for the year ended 2006 Achieved 12,051,311 KD and EPS 14.30 Fils
profit for third quarter 2006
profit for third quarter 2006 achieved 5,445,653 KD and EPS 8.86 Fils
profit for second quarter 2006
profit for second quarter 2006 Achieved 3,569,513 and EPS 5.2 Fils
profit for first quarter 2006
Profit for first quarter 2006 achieved 63,321 KD and EPS 0.17 Fils
Islamic Dawoud bank
Islamic Dawoud bank The first and its headquarters carried out the contribution to the Islamic Dawoud bank Pakistan country and that is with the investment by a sum and with a value of 1,433,608 Kuwaiti dinar, Namely equivalent to (300,000,000 Pakistani rupee ) and what represents the ratio of 10 % of the bank capital and reaching 3,000,000,000 Pakistani rupee .
Unicorn Bank of investment
Al-Safwa Group Holding Co. has subscripted in to increase of the capital of Unicorn Bank of investment, which Established in The Kingdom of Bahrain and we invested of the sum of 10.7 million Kuwaiti dinars with equivalent to ( 37 million US dollars ), as 6 % of the bank capital after the increase and Capital reaching about 196 million US dollars.
 
 

Al-Safwa Group Holding Co. was established in 1966 as a limited liability company with a paid up capital of 5 million Kuwaiti Dinars. The company was then transformed to a closed shareholder company in 1999. In late 2005, the company’s capital was increased to 100 Million Kuwaiti Dinar and renamed Al-Safwa Group Holding Co, which is now listed on the Kuwait Stock Exchange.

The Purposes which the company is incorporated and which it conducts its activities, according to Islamic Sharia Laws, are as follows:

 

1. Owning shares of Kuwaiti or foreign shareholding and limited liabilities companies as well as participating in forming, administering, financing, and proving third party guarantees for these companies.
2.  Financing companies owned or guaranteeing them against third  parties provided that the percentage of ownership exceeds 20%.
3. Owning industrial rights for patents, trade names, designs and leasing the same to other companies for their use inside or outside Kuwait.
4. Owning movable and real estate properties that are necessary to practice its activities in accordance with the law.
5. Investing surplus funds in portfolios managed by specialized companies.

Al Safwa Group Holding Company has achieved profit for the year ended 31/12/2007 amounted 20,295,733 KD compared with 12,051,311 KD in 2006 with profit growth 68%. Moreover EPS achieved during this period 21.17 fills compared with 14.30 fills for last Year with EPS growth 48%

Member Login
 
Home | About us | Investor relation| Board Of Directors | News | Our Strategy | Login | Contact us | Terms Of Use | Privacy Statement
All rights reserved .Copy rights Al safwa group holding company