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Afkar Holding Company K.S.C (Holding) (Kuwait)

Main Activities: Other Financial Investment Activities
Full name: Afkar Holding Company K.S.C (Holding) Profile Updated: March 13, 2024
Buy our report for this company USD 29.95 Most recent financial data: 2021 Available in: English Download a sample report

AFKAR Holding Company is a Kuwait-based shareholding Company (Closed), incorporated in April 2006 w in accordance with Shariah Compliant business principles. AFKAR’s key focus is to apply sound investment principles, to secure outstanding financial returns from the industrial and service sectors through Shariah-compliant investment instruments. AFKAR has implemented a diversified strategy by evaluating geographical locations and sectors, minimizing investment risks, performing investment opportunity analysis, financial modelling and establishing specialized funds to achieve optimal returns for shareholders. Within a short period, AFKAR has entered new and emerging markets, while pursuing promising investments in the State of Kuwait, the Kingdom of Saudi Arabia, East Asia, and the United States of America, targeting companies operating in multiple industries and industrial supporting service sectors with the best rate of return and minimum possible risks.

Headquarters
Dar Al Awadi Tower 29Th Floor, Al Sharq Area, Ahmed Al-Jaber Street, P.O. Box 1802
Kuwait City; Al-Asimah / Capital Governorate; Postal Code: 13019

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Website: http://www.afkarholding.com

Basic Information
Outstanding Shares:
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Financial Auditors:
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Incorporation Date:
2006
Key Executives
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Chairperson
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Vice Chairperson
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Director / Member of the Management Board
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Director / Member of the Management Board
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Director / Member of the Management Board
Ownership Details
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60%
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19.2%
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8%
Subsidiaries
Light Food Company Kscc
Company Performance
Financial values in the chart are available after Afkar Holding Company K.S.C (Holding) report is purchased.
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Key Financial Highlights
Annual growth percentages for latest two years in local currency KWD. Absolute financial data is included in the purchased report.
Net sales revenue
16.91%
Total operating revenue
14.54%
Operating profit (EBIT)
-31.97%
EBITDA
-31.89%
Net Profit (Loss) for the Period
-7.44%
Total assets
4.43%
Total equity
2.39%
Operating Profit Margin (ROS)
-7.46%
Net Profit Margin
-2.34%
Return on Equity (ROE)
-0.32%
Quick Ratio
-6.16%
Cash Ratio
-6.17%

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