- NIND

Kuwait Stock Exchange (State of Kuwait)
225 Last Update 25/09/2024 10:48 KSA
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  • :226
  • :222
  • ('000):2,409,943
  • (KWD '000):542,237
  • :0.4


  • 5,028,420
  • :1,192,686
  • :4.22
  • 52-W L52-W H
    225
    167.62234.29
  • 3.97%
  • 34.23%


  • 120

  • (KWD):

    1,128,173.59
  • (KWD):628,052
  • :1.8
  • Performance Comparison

Activities

National Industries Group Holding Co., often abbreviated as NIG, is a prominent conglomerate with a diversified portfolio spanning across the Middle East, Europe, and North America. Established in 1960, NIG has grown to become a leading industrial powerhouse in the MENA region, focusing on financial strength, efficient processes, and sound corporate governance. The group's subsidiaries include National Industries Company (NIC), which specializes in the manufacture and marketing of building materials and infrastructure products in the State of Kuwait. NIC boasts an impressive array of 16 factories and two rock quarries, employing a workforce of 1800 across various specializations. The company has successfully adapted to the dynamic urbanization and building movement in local and regional markets through timely industrial expansion and a strategy of product diversification. This approach has positioned NIC as the only domestic company producing a wide range of products, from Sand lime and Limestone to High-Density Polyethylene pipes and Ceramics.

Another notable subsidiary is Noor Financial Investment Company (Noor), established in 1996 and listed on the Kuwait Stock Exchange in 2006. Proclad Group is also part of NIG's extensive network, providing solutions to the oil, gas, energy, and engineering services industries.

NIG's commitment to growth and innovation is evident in its comprehensive structure, which includes a variety of companies specializing in different sectors. These range from construction and building materials to energy and petrochemicals, showcasing the group's ability to adapt and thrive in diverse markets. The group's strategy ensures income growth and an increase in shareholders' equity, reflecting its status as a major player in the industrial sector. With a focus on sustainability and corporate responsibility, NIG continues to contribute significantly to the economic development of the regions it operates in, while maintaining a strong commitment to environmental stewardship and community engagement.

  • Chairman:
    Saad M. Al-Saad
  • Vice-chairman:
    Sulaiman H. Al-Dalali
  • CEO:
    Ahmad M. Hasan
  • Board Members:

    Abdulaziz I. Al-Rabia

    Ali M. Behbahani

    Dr. Abdulaziz Al-Rashid

    Hosam F. Al-Khorafi

    Maha K. Al-Ghunaim

    Mohammad A. Al-Asfour

  • Auditors:

    Grant Thornton Al-Qatami, Al-Aiban & Partners

CFO

Mubasher H. Sheikh

DEPUTY CEO INVESTMENT & AMP

Reyadh S. Al-Edrissi

DEPUTY CEO FINANCE AND ADMINISTRATION

Faisal A. Al-Nassar
Kuwait's NIG says signs MoU to sell 30 pct of Noor for $99 mln (Reuters - 06/04/2014)

Kuwait's National Industries Group has signed a memorandum of understanding to sell a 29.9 percent ...

Read More ...

Kuwaiti firm targets Carlyle in $25m claim (The National - 27/08/2012)

A Kuwaiti investment company wants a US court to allow it to pursue legal action against Carlyle Group ...

Read More ...

Capital Intelligence reaffirms the rating of NIG Sukuk Company (AME Info - 18/08/2012)

Capital Intelligence (CI), the international credit rating agency, announced that it has reaffirmed ...

Read More ...

Read More ...
Announced On Period As Of Net Profit (SAR Mil) Growth (%)
29/10/2018 9-Month 30/09/2018 32 339.24
08/08/2018 6-Month 30/06/2018 25 376.25
14/05/2018 3-Month 31/03/2018 19 489.68
17/04/2018 12-Month 31/12/2017 24 0
06/11/2017 9-Month 30/09/2017 07 0
Market Cap
US$ Mil
Last Price
Local Cry
Price Change (%)
1 Day
Price Change (%)
1 Year
P/E TTM P/B MRQ Dividend Yield (%) Beta ROA (%) ROE (%)
KINGDOM 10,567.51 10.6 -0.94 0 28.97 1.29 0 0.66 2.92 4.63
ASTRAINDUSTRIAL 3,645.72 175.8 2.8 0 24.6 0 0 1.02 0 0
QAMC 1,938.84 1.28 0 0 16.07 0 0 0 0 0
NIND 1,779.08 225 0.89 22.13 0 0.79 6.85 0.4 -0.93 0
AHCS 1,470.17 0.86 0.11 -33.1 13.87 0.07 10.14 0.93 4.12 4.64
HUMANSOFT 1,172.75 2,665 0.94 27.29 12.25 6.8 4.01 0.34 25.35 56.56
UDCD 1,076.99 1.12 0.35 -26.5 10.23 0.04 8.5 0.74 1.98 3.46
ATAA 890.57 81.6 2.77 0 52.73 0 0 0 0 0
ALUJAIN 739.52 40.5 0.99 0 -62.72 2.38 0 1.22 9.45 9.62
AGHC 652.05 383 0.78 -17.89 44,022.99 2.35 0 0.16 0.63 5.27
SAIC 578.04 36.2 0.13 0 7.38 2.35 0 1.06 2.82 2.98
TALCO 577.77 54.4 0.36 0 25.73 0 0 0 0 0
MCCS 484.34 3.91 0.15 -29.89 9.58 0.17 7.11 0.58 2.41 18.23
NAYIFAT 447.08 13.94 -0.29 0 18.54 0 0 0 0 0
QIMD 332.16 2.55 -0.71 -13.64 9.01 0.07 7.5 0.43 4.27 8.77
SIDC 325.66 30.6 0.16 0 -5.67 0 0 1.24 0 0
DIDI 233.4 0.22 0 0 -2.89 0 0 0.17 0 0
SIIS 213.54 0.69 1.16 -45.21 18.9 0.05 13.77 0.65 0.93 2.82
MRNA 209.39 11.04 0.36 0 153.85 0 0 0 0 0
KPPC 80.06 40 2.56 7.69 -11.42 0.3 0 0.35 -0.29 -0.45
AFAI 64.71 0.51 0 0 15.96 0 0 0.03 0 0
SPEC 58.13 99.4 2.05 0 -7.15 0.51 0 0.03 -8.58 -9.84
AAIC 41.25 0.07 -2.67 0 3.36 0 0 1.72 0 0
SENERGY 25.23 38.5 -4 -37.71 33.14 0.56 0 0.29 -9.25 -14.12
UGIC 20.07 0.04 0 0 0 0 0 0 0 0
JIYAD 12 19.9 0 74.58 2.11 0.17 0 0.41 6.61 7.22
AMII 11.02 0.05 0 0 -2.89 0 0 1.48 0 0
DBIH 7 0.09 0 0 5.7 0 0 1.14 0 0