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First Education Company K.S.C. (Closed) (Kuwait)

Main Activities: Educational Services
Full name: First Education Company K.S.C. (Closed) Profile Updated: March 13, 2024
Buy our report for this company USD 29.95 Most recent financial data: 2022 Available in: English Download a sample report

First Education Company (FEC) was established in the year with the objective of creating opportunities, for institutional investors and high-net-worth clients, in the education sector by establishing and managing private universities, schools, institutes and training centres. The objective is also to invest in education-related activities like investing in educational facilities, student accommodation, libraries etc. The shareholders of FEC include well-respected and reputable Kuwaiti and regional institutions and individuals. FEC's main geographic focus for investments is currently on Kuwait, GCC and MENA region.

Headquarters
Al Hamra Tower, Floor 68, Al Shuhada Street, Block 8, Sharq, P.O.Box: 20389, Safat
Kuwait City; Al-Asimah / Capital Governorate; Postal Code: 965

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Website: http://www.fec.com.kw

Basic Information
Outstanding Shares:
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Financial Auditors:
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Incorporation Date:
2005
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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21.55%
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11.11%
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10%
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5%
Subsidiaries
Saudi Kuwaiti Education Training Company Limited (Saudi Arabia)
100%
Al Maali Real Estate Company Wll (Saudi Arabia)
64.3%
Company Performance
Financial values in the chart are available after First Education Company K.S.C. (Closed) 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.
Total operating revenue
1717.65%
Operating profit (EBIT)
-205.94%
EBITDA
N/A
Net Profit (Loss) for the Period
N/A
Total assets
-0.81%
Total equity
-0.06%
Return on Equity (ROE)
N/A
Quick Ratio
46.37%
Cash Ratio
44.19%

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