The shares of North Al -Zour First Energy and Water Company on the Kuwait Stock Exchange increased by 7.14% during trading on Thursday, to circulate at the price of 153 fils per share, achieving its highest price in 7 months.
The trading on the arrow of the first north of Al -Zour energy and water at that time through 994 trading operations, on 20.60 million shares with a trading value of 3.17 million dinars.
The highest price of the share was at that time at 160 fils, while the lowest price was at 147 fils per share.
North Al -Zour First Energy and Water Company announced a remarkable growth in its profits during the second quarter of 2025, as the net profit jumped by 239.33% on an annual basis.
The company recorded profits of 5.86 million Kuwaiti dinars during the three months ending June 30, 2025, compared to 1.73 million dinars in the same period in 2024.
As for the first half of the year, the net profit of “North of Al -Zour” reached 8.11 million dinars, achieving a growth of 79.22% compared to 4.53 million dinars during the first half of last year.
The company attributed this strong performance to the rise in the net operating profit resulting from the full operation of the station, compared to the similar period of 2024.
It is noteworthy that the company had recorded a decrease in the profits of the first quarter of 2025 by 19.45% to 2.26 million dinars, compared to 2.80 million dinars during the first quarter of the previous year.
North Al -Zour First Energy and Water Company was established, a private company operating in the public utilities sector, in October 2013, and is based in Kuwait City.
