Written by 23:12 News, Saudi Arabia, World

In H1, Boursa Kuwait’s Net Profit Increased 61%

In H1, Boursa Kuwait's Net Profit Increased 61%

RIYADH: A rise in operating revenues and profitability drove Boursa Kuwait’s net profit to 15.11 million Kuwaiti dinars ($49.4 million) in the first half of 2025   a 61.12 percent annual increase. The growth was underpinned by a 41.13 percent year-on-year rise in total operating revenues to 24.20 million dinars, alongside a 59.53 percent boost in operating profit to 18.47 million dinars, according to a release.

Earnings per share surged in tandem, rising from 46.71 fils to 75.27 fils by June 30, while total assets reached 123.87 million dinars, reflecting a 9.26 percent increase year-on-year.  At 66.20 million dinars, shareholders’ equity attributable to parent firm equity holders increased 12.68 percent.

The expansion of the Boursa is in line with the World Bank’s prediction that Kuwait’s non-oil economy would increase by 1.6% in 2025, helped by a resurgence in real credit growth and significant infrastructure initiatives like Silk City and the Northern Special Economic Zone.

These outcomes reaffirm Boursa Kuwait’s ability to navigate the complex geopolitical and economic challenges experienced worldwide while maintaining sustainable growth supported by revenue diversification and enhanced liquidity levels,” stated Boursa Kuwait Chairman Bader Al-Kharafi.

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