Noor repays last debt installment to National Industries

Mubasher: Noor Financial Investment has paid off the last installment worth KWD 1.5 million ($5 million) in a loan granted by its parent company National Industries Group Holding.

In 2018, National Industries Group gave Noor Financial Investment a KWD 16 million loan, according to a bourse filing on Thursday.

It is noteworthy to mention that during the first half (H1) of 2021, the net profits of Noor rose by 76.7% to KWD 8.82 million, compared to KWD 4.99 million in the year-ago period.

Mubasher Contribution Time: 30-Sep-2021 10:26 (GMT)
Mubasher Last Update Time: 30-Sep-2021 10:26 (GMT)