Kuwait And Middle East Financial Investment Co (KUW:KMEFIC) Net Income From Continuing Operations : KWD-5.45 Mil (TTM As of Dec. 2023)

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What is Kuwait And Middle East Financial Investment Co Net Income From Continuing Operations?

Net Income From Continuing Operations indicates the net income that a firm brings in from ongoing business activities. These activities are expected to continue into the next reporting period. Kuwait And Middle East Financial Investment Co's net income from continuing operations for the three months ended in Dec. 2023 was KWD-2.31 Mil. Its net income from continuing operations for the trailing twelve months (TTM) ended in Dec. 2023 was KWD-5.45 Mil.

Kuwait And Middle East Financial Investment Co Net Income From Continuing Operations Historical Data

The historical data trend for Kuwait And Middle East Financial Investment Co's Net Income From Continuing Operations can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

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Kuwait And Middle East Financial Investment Co Net Income From Continuing Operations Chart

Kuwait And Middle East Financial Investment Co Annual Data

Trend

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Dec23

Net Income From Continuing Operations

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0.80

8.07

3.26

1.09

-5.45

Kuwait And Middle East Financial Investment Co Quarterly Data
	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23
Net Income From Continuing Operations	Get a 7-Day Free Trial															0.25	-1.98	1.23	-2.39	-2.31

Kuwait And Middle East Financial Investment Co Net Income From Continuing Operations Calculation

Net Income From Continuing Operations indicates the net income that a firm brings in from ongoing business activities. These activities are expected to continue into the next reporting period. It excludes extraordinary items, income from the cumulative effects of accounting changes, non-recurring items, income from tax loss carry forward, and preferred dividends.

Net Income From Continuing Operations for the trailing twelve months (TTM) ended in Dec. 2023 adds up the quarterly data reported by the company within the most recent 12 months, which was KWD-5.45 Mil.

Kuwait And Middle East Financial Investment Co (KUW:KMEFIC) Business Description

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GURUFOCUS.COM » STOCK LIST » Financial Services » Asset Management » Kuwait And Middle East Financial Investment Co (KUW:KMEFIC) » Definitions » Net Income From Continuing Operations

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Address

Arabian Gulf Street, Khalid Tower, Block 1, Building No.1, Al-Qibla – First Commercial District, Kuwait, KWT, 13009

Website

https://www.kmefic.com.kw

Kuwait And Middle East Financial Investment Co is a Kuwait-based asset management company. The business activity of the group functions through Asset Management, Brokerage and Online Trading, Credit Operations, and Investment and Treasury segments of which it generates the majority of revenue from Asset Management segments. The Asset Management segment is engaged in providing third-party fund and portfolio management services on a fiduciary basis. Besides, the firm is also engaged in other activities such as providing margin loans, money market placements, real estate activities, and proprietary trading in equity stocks and funds. Geographically, the business presence of the firm is seen in both Kuwait and the international market.

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