trending Market Intelligence /marketintelligence/en/news-insights/trending/4ANv4ukEYSJmbO7kYthGBw2 content esgSubNav
In This List

Livestock Transport & Trading Q1 profit falls YOY


Insight Weekly: Loan-to-deposit ratio rises; inventory turnovers ebb; miners add female leaders


Debt Ceiling Debate: IR Teams Should Prepare for Potential Market Downturns


Insight Weekly: Sustainable bonds face hurdles; bad loans among landlords; AI investments up


Master of Risk | Episode 3: Live from the Global Credit & Risk Symposium

Livestock Transport & Trading Q1 profit falls YOY

Livestock Transport & Trading Co. KPSC said its normalized net income for the first quarter came to 594,570 dinars, a fall from 601,150 dinars in the prior-year period.

Normalized net income excludes unusual gains or losses on a pre- and after-tax basis.

The normalized profit margin increased to 6.4% from 4.4% in the year-earlier period.

Total revenue decreased 31.8% year over year to 9.3 million dinars from 13.6 million dinars, and total operating expenses decreased 35.6% from the prior-year period to 8.3 million dinars from 13.0 million dinars.

Reported net income declined on an annual basis to 913,520 dinars, or 0 fils per share, from 952,020 dinars, or 0 fils per share.

As of May 18, US$1 was equivalent to 30 Kuwaiti fils.