Boursa Kuwait announced a significant increase in profitability for the first quarter of 2025, posting a net profit of KD 7.94 million, up 69.48% from KD 4.68 million in the same period last year.
The strong financial results reflect the company’s continued momentum and growing role in Kuwait’s economic development.
Robust operational performance
The company’s strong results were driven by notable increases in both revenue and operating profit. Total operating revenues rose by 45.34% to KD 12.17 million, while operating profit grew by 69.38% to KD 9.45 million. Earnings per share increased in line with net profit, reaching 39.54 fils, compared to 23.33 fils in Q1 2024.
Boursa Kuwait also strengthened its financial position, with:
Total assets growing by 12.86% to KD 139.47 million
Shareholders’ equity increasing by 9.20% to KD 59.03 million
Commenting on the results, Chairman Bader Nasser Al-Kharafi emphasized the strength of Boursa Kuwait’s strategy, noting that the first-quarter performance marks a key milestone in the company’s journey.
“Despite global uncertainty, our results demonstrate resilience, financial stability, and a strong commitment to shareholder value. We remain focused on market development and playing a vital role in Kuwait’s transformation into a regional financial hub.”
He also acknowledged the contribution of the company’s team and regulatory partners in achieving these results.
CEO Mohammad Saud Al-Osaimi noted the Kuwaiti capital market’s continued growth in attractiveness to investors, underpinned by rising liquidity and trading activity.
“The surge in trading reflects growing confidence in Kuwait’s market. We are committed to further enhancing market efficiency, transparency, and investor engagement.”
Market activity sees significant growth
The Kuwaiti capital market posted strong gains in key indicators during Q1 2025:
Value traded rose by 89.60% to KD 6.72 billion
Trading volume increased 69.07% to 24.29 billion shares
Average daily traded value more than doubled, rising 106.53% to KD 119.91 million
Market capitalization reached KD 47.79 billion, a 10.85% increase year-on-year
Premier and main markets drive growth
Both the “Premier” and “Main” markets contributed significantly to overall performance.
The Premier Market saw a 20.91% increase in traded volume and a 28.93% rise in traded value, reaching KD 3.30 billion.
The Main Market recorded substantial gains, with a 247.10% increase in traded value to KD 3.42 billion and a 123.97% surge in volume traded.
Al-Osaimi highlighted that Boursa Kuwait’s market segmentation model is helping drive liquidity, attract institutional investors, and align the exchange’s structure with global standards.
Both executives reiterated Boursa Kuwait’s strategic focus on attracting foreign investment, strengthening market infrastructure, and promoting sustainable economic growth. Al-Osaimi concluded:
“We are optimistic about the future and grateful for the trust of our stakeholders. Our efforts will continue to position Kuwait as a leading regional investment destination.”
tanvir@dubainewsweek.com
