Yobak: 1.57 Million KD in Revenues for First Nine Months

The group recorded revenues of 1.57 million Kuwaiti dinars, a 55 percent decline over the first nine months, compared with 3.52 million dinars in the same period of 2025.

Regarding the results for the third quarter of 2026, financial indicators showed improvement compared with the same period last year, as the group’s revenues rose by 160 percent to reach 587,000 dinars, up from 226,000 dinars in the third quarter of 2025. Commenting on these results, Eng. Hamad Malallah, Chief Executive Officer of Yopak, said: “The results for the first nine months were largely in line with our expectations, given the completion of operational activities related to previous projects and the concurrent progression of the Musailah Beach project into its initial operational phases. We are confident in maintaining performance stability and continuing to achieve gradual and sustainable improvement during the remainder of the year and in the coming years.”