trending Market Intelligence /marketintelligence/en/news-insights/trending/xfyjZE_dTpAVXv1gtOILmw2 content
Log in to other products

Login to Market Intelligence Platform


Looking for more?

Contact Us

Request a Demo

You're one step closer to unlocking our suite of comprehensive and robust tools.

Fill out the form so we can connect you to the right person.

If your company has a current subscription with S&P Global Market Intelligence, you can register as a new user for access to the platform(s) covered by your license at Market Intelligence platform or S&P Capital IQ.

  • First Name*
  • Last Name*
  • Business Email *
  • Phone *
  • Company Name *
  • City *
  • We generated a verification code for you

  • Enter verification Code here*

* Required

Thank you for your interest in S&P Global Market Intelligence! We noticed you've identified yourself as a student. Through existing partnerships with academic institutions around the globe, it's likely you already have access to our resources. Please contact your professors, library, or administrative staff to receive your student login.

At this time we are unable to offer free trials or product demonstrations directly to students. If you discover that our solutions are not available to you, we encourage you to advocate at your university for a best-in-class learning experience that will help you long after you've completed your degree. We apologize for any inconvenience this may cause.

In This List

Kuwait Hotels Q1 profit falls YOY

Mining Exploration Insights – September 2020

Amid Pandemic, Airlines Forge a New Survival Metric: Daily Cash Burn

Industries Most and Least Impacted by COVID-19 from a Probability of Default Perspective – September 2020 Update

Complying with International Financial Reporting Standard IFRS 9

Kuwait Hotels Q1 profit falls YOY

Kuwait Hotels Co. KSCP said its first-quarter normalized net income amounted to 14,160 dinars, a decrease of 90.1% from 142,470 dinars in the year-earlier period.

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

The normalized profit margin declined to 0.6% from 4.8% in the year-earlier period.

Total revenue declined 22.6% year over year to 2.3 million dinars from 3.0 million dinars, and total operating expenses declined 17.7% year over year to 2.3 million dinars from 2.8 million dinars.

Reported net income decreased 89.8% from the prior-year period to 22,490 dinars, or 0 fils per share, from 219,870 dinars, or 0 fils per share.

As of May 20, US$1 was equivalent to 30 Kuwaiti fils.