KIPCOlife

For business and social news from companies across the KIPCO Group, please find below the latest editions of our internal magazine:


Read in KIPCO Life June 2016

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KIPCO Group to build the Gulf region’s first stem cell bank & research center

KIPCO and its Group companies have made a KD 7 million donation to the Ministry of Health to build the Sheikha Salwa Sabah Al Ahmad Stem Cell and Umbilical Cord Center. This is the Gulf region’s first-ever center to be dedicated to stem cell research and the storage of umbilical cords.

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KIPCO announces 13% increase in Q1 net profit

KIPCO has announced a net profit of KD 13.5 million (US$ 44.7 million) for the first three months of 2016 – an increase of 13% over the KD 12 million (US$ 40 million) profit reported for the same period last year. Earnings per share grew by 18% to 7.45 fils (2.5 cents) from 6.31 fils (2.1 cents) per share reported for the same period last year.

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KIPCO awarded ‘Best Corporate Governance Kuwait’ by Capital Finance International

annual Shafafiyah (transparency) Investors Forum, which allows management an opportunity to review its past performance and offer guidance on coming year prospects. The CFI.co judging panel hailed KIPCO for its forward looking and pioneering approach to corporate governance. The judges agreed that a company’s reputation is its most valuable asset.

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