National International Holding Company Reports Substantial Financial Growth in 6 Months
National International Holding Company (NIHC) K.S.C.P., a prominent Kuwaiti company, has released its interim condensed consolidated financial information for the six months ending June 30, 2025. The unaudited report highlights a significant increase in net profit and comprehensive income, driven by notable shifts in asset categories. The company's total assets rose to 57.74 million Kuwaiti Dinars, primarily attributed to a substantial increase in cash and cash equivalents, and investments at fair value through other comprehensive income.
Key Takeaways:
- NIHC reported a net profit of 1.25 million Kuwaiti Dinars for the six months ending June 2025, a 168.4% increase from 464,410 Kuwaiti Dinars in the same period the previous year.
- The company's comprehensive income also experienced a significant move, amounting to 3.84 million Kuwaiti Dinars, a notable improvement from a loss of 190,565 Kuwaiti Dinars in the corresponding period of 2024.
- NIHC's total assets increased to 57.74 million Kuwaiti Dinars, up from 54.49 million Kuwaiti Dinars as of June 2024.
- The company's cash and cash equivalents escalated to 4.47 million Kuwaiti Dinars from 1.32 million Kuwaiti Dinars in the previous year.
- NIHC's investments at fair value through other comprehensive income reached 17.59 million Kuwaiti Dinars, up from 15.74 million Kuwaiti Dinars.
- The company's revenue demonstrated a significant increase, with net investment income rising to 1.64 million Kuwaiti Dinars for the six months ending June 2025, compared to 689,136 Kuwaiti Dinars in the same period the previous year.
- NIHC's earnings per share for the six-month period ended June 2025 also reflected robust growth, with a significant move to 5.01 fils from 1.39 fils in the previous year.
- The financial results underscore NIHC's strategic asset management and investment activities, which have significantly bolstered its financial standing in the designated market category.
Statistics:
- Net profit: 1.25 million Kuwaiti Dinars (Jun 2025) vs. 464,410 Kuwaiti Dinars (Jun 2024)
- Comprehensive income: 3.84 million Kuwaiti Dinars (Jun 2025) vs. -190,565 Kuwaiti Dinars (Jun 2024)
- Total assets: 57.74 million Kuwaiti Dinars (Jun 2025) vs. 54.49 million Kuwaiti Dinars (Jun 2024)
- Cash and cash equivalents: 4.47 million Kuwaiti Dinars (Jun 2025) vs. 1.32 million Kuwaiti Dinars (Jun 2024)
- Investments at fair value through other comprehensive income: 17.59 million Kuwaiti Dinars (Jun 2025) vs. 15.74 million Kuwaiti Dinars (Jun 2024)
- Net investment income: 1.64 million Kuwaiti Dinars (Jun 2025) vs. 689,136 Kuwaiti Dinars (Jun 2024)
- Earnings per share: 5.01 fils (Jun 2025) vs. 1.39 fils (Jun 2024)
Sources:
- Dubai Financial Market (DFM)
- National International Holding Company K.S.C.P.
- Interim condensed consolidated financial information (unedited) - 30 Jun 2025