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For the fiscal year ended 31 December 2019, Kuwait Bahrain Interntnl Exchnge Co KSCP revenues increased 9% to KWD2.5M. Net income increased 15% to KWD313K. Revenues reflect Income From Telex increase of 15% to KWD1.4M, Foreign Exchange increase of 8% to KWD1M. Net income benefited from General & Administrative Expenses decrease of less than 1% to KWD814K (expense), G/L on Sale of Tangible & Intangible FA remaining flat at KWD0K.
Period Ending: | Dec 31, 2019 | Sep 30, 2019 | Jun 30, 2019 | Mar 31, 2019 |
---|---|---|---|---|
Total Revenue | 0.68 | 0.62 | 0.59 | 0.58 |
Gross Profit | ||||
Operating Income | 0.09 | 0.12 | 0.07 | 0.07 |
Net Income | 0.07 | 0.11 | 0.06 | 0.06 |
Period Ending: | Dec 31, 2019 | Sep 30, 2019 | Jun 30, 2019 | Mar 31, 2019 |
---|---|---|---|---|
Total Assets | 8.25 | 8.08 | 8.15 | 8.12 |
Total Liabilities | 1.4 | 1.3 | 1.49 | 1.52 |
Total Equity | 6.85 | 6.78 | 6.66 | 6.6 |
Period Ending: | Dec 31, 2019 | Sep 30, 2019 | Jun 30, 2019 | Mar 31, 2019 |
---|---|---|---|---|
Period Length: | 12 Months | 9 Months | 6 Months | 3 Months |
Cash From Operating Activities | 0.5 | 0.41 | 0.46 | 0.41 |
Cash From Investing Activities | -0.17 | -0.05 | -0.05 | -0.03 |
Cash From Financing Activities | -0.08 | -0.01 | -0.01 | -0.01 |
Net Change in Cash | 0.25 | 0.35 | 0.41 | 0.37 |
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