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Al-Sharq Financial Brokerage Company K.S.C.C (Kuwait)

Main Activities: Securities and Commodity Contracts Intermediation and Brokerage
Full name: Al-Sharq Financial Brokerage Company K.S.C.C Profile Updated: February 22, 2024
Buy our report for this company USD 29.95 Most recent financial data: 2023 Available in: English Download a sample report

The company engages in the following activities:Services of financial intermediary: ,To carry out securities brokerage activities acceptable for circulation in the Kuwait Stock Exchange and to invest their funds Which does not exceed half of its total capital And its reserves in long-term investment shares and short bank deposits Term.
Based on the instructions of the Board of Directors and their vision on expanding the customer basis through an integrated system with a goal of completing the customer's wishes in dealings that are characterized in quickness and keeping the confidentiality of customers information and solving all the problems. Al Sharq company made sure to use the technology method through providing the electronic dealing to match the evolution nature which became a feature of the current economic stage especially that the customers themselves make sure to use that evolution in a way that serves their interest. Also, it made sure not to be restricted of using telephone in serving the customers but through the expansion to include the modern telecommunication means in all its kinds.
Using the presented evolution system by the capital market authority and Kuwait Boursa in the form that guarantees the continuity of the company and maintaining the shareholders' money and the company's capital from loss because of the unclear future of the market and the increase in the expenses significantly to meet the governance requirements from one side and the requirements of the capital market authority from the other side.
Trading service for companies: it has a team of professional staff with a proven record of customer service on the Kuwait Stock Exchange. The Office complies with the highest international standards of quality in services and craftsmanship and ensure the complete confidentiality of the customer,The Corporate Service Department uses the latest technologies and platforms to execute transactions.
Trading Service for Individuals: The company offers its broad customer base the latest technologies in online trading systems, Which gives them the ability to execute directly in the Kuwait Stock Exchange and our customers can trade through telephone contact with the intermediary. Online Trading Service: Seeking the company to provide the most innovative products to its customers that enables them to Take advantage of added and distinctive services Within the framework of the laws and regulations governing the work of brokerage companies, We are proud to provide all the latest in the world of electronic trading, the company uses the latest technological systems to provide the best services to the client, taking into account the security systems that ensure the confidentiality of information transmitted through the Internet. The customer can easily trade through the website And to view his portfolio momentarily. E-trading provides you with innovative and unique trading tools to help you Monitor opportunities available in the market and implement your trading strategy. You can easily monitor the market for quick trading decisions.
customers service:Customer service is the first of our priority list, so our customer service representatives are ready to serve and work with them to ensure that they have access to extensive services, whether online Or face to face. We pride ourselves on providing the best services to our customers which are characterized by excellence and professionalism and keep abreast of developments. We are proud to be the first company in Kuwait to offer its services to its customers through social media.
The Company established on 16 March, 1986.
The Company s Registry no. is 16158.
The Company was listed in Kuwait Stock Exchange _OTC on18 November, 2018.
The Company s Mission is to attract, develop and retain the best professional skills in the field of securities and information technology capable of keeping abreast of developments in the Kuwait Stock Exchange and infrastructure development to a modern system of services with high operational efficiency and integrated and easy to use by stakeholders with the highest levels of protection and efficiency Operational for them.
The Company s Vision is to enhance the company to provide reliable and value added products and services that accompany the stages of development in the market, risk management, trading services and requirements, through using the latest innovation means to automation the operations as well as the traditional way of placing orders.

Headquarters
Bursa Kuwait Building, Mubarak Al Kabeer Street, Ground, 1St And 4Th Floor,Souk Al Dakhili Area, Po. Box 187
Kuwait City; Al-Asimah / Capital Governorate; Postal Code: 15252

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Website: http://www.sharqetrade.com

Basic Information
Outstanding Shares:
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Financial Auditors:
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Incorporation Date:
1986
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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Outside Director
Ownership Details
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2.625%
Company Performance
Financial values in the chart are available after Al-Sharq Financial Brokerage Company K.S.C.C 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
-35.75%
Total operating revenue
-35.75%
Operating profit (EBIT)
-88.38%
EBITDA
-68.85%
Net Profit (Loss) for the Period
-40.59%
Total assets
0.59%
Total equity
-2.41%
Operating Profit Margin (ROS)
-29.95%
Net Profit Margin
-4.15%
Return on Equity (ROE)
-3.31%
Quick Ratio
-11.67%
Cash Ratio
-20.55%

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