Kuwait Press Memory Latest news
alraiEconomy

EVA Reports KD 5.22 Million Profit in Six Months

EVA Reports KD 5.22 Million Profit in Six Months

Saleh Al-Sulaimi, Chairman of the Board of Directors of International Financial Consulting Holding Company (EVA), announced the financial results for the first half ended June 30, 2026, reporting net profit attributable to shareholders of approximately 5.222 million Kuwaiti dinars, with an earnings per share of 9.19 fils.

Al-Sulaimi stated that the differences compared to the previous year were due to non-recurring profits from subsidiaries and associates, as well as the geopolitical situation in the region, yet the company managed to achieve sustainable profitability.

He noted that total assets grew by 7% to reach approximately 172.630 million dinars, while shareholders’ equity increased by 5.5% to stand at 134.9 million dinars.

Commenting on the financial results, Al-Sulaimi observed that the financial indicators reflect high resilience and the ability to adapt to surrounding circumstances. He expressed pride in EVA’s performance in the first half of 2026 despite geopolitical developments in the region, emphasizing that these results demonstrate the company’s capacity to generate sustainable profitability supported by operating revenues, while maintaining asset quality and profitability, thereby reflecting the robustness of its business model and its ability to deliver sustainable value to shareholders.

Al-Sulaimi added that the results were the fruit of a prudent management approach focused on strengthening the financial position, enforcing risk management discipline, and maintaining strong levels of liquidity and capital, alongside adopting a long-term strategic vision that balances sustainable growth with seizing specific opportunities, thereby supporting EVA’s ability to continue delivering added value to shareholders.

Latest news Original source
Link copied ✓