Mezzan Holding Reports H1 2017 Financial Results

Q2 Revenue KD50.3 million, bringing half-year revenue to KD107.8 m Q2 Net profit: KD2.0 million, bringing half-year net profit to KD7.3 m  Kuwait, August 9, 2017 — Mezzan Holding KSC, one of the largest manufacturers and distributors of food, beverage, FMCG and pharmaceutical products in the Gulf, today announced the company’s financial results for Q2 […]

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Mezzan Holding Reports Q1 2017 Financial Results

Revenue: KD 57.5 million, up 3.4% Net Profit: KD 5.3 million, up 2.4% Kuwait, May 10, 2017 — Mezzan Holding KSC, one of the largest manufacturers and distributors of food, beverage, FMCG and pharmaceutical products in the Gulf, today announced the company’s financial results for Q1 2017. Quarterly revenue increased to KD57.5 million, representing a […]

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Mezzan Holding holds 16th Annual General Meeting Shareholders approve cash dividend of 28 fils per share

Kuwait, April 10, 2017 — Mezzan Holding KSCP, one of the largest manufacturers and distributors of food, beverage, FMCG and pharmaceutical products in the Gulf, held its 16th Annual General Meeting (AGM) and an Extraordinary General Meeting (EGM) of Shareholders today. During the AGM, the shareholders approved the Board of Directors’ recommendation to distribute 28 […]

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Mezzan Holding Reports 2016 Financial Results

Board recommends cash dividend of 28 fils per share (50.7% payout ratio) for the year with a total payout of KD8,717,100 – Double digit growth in Q4 revenues and net profit – Strong full-year performance in core consumer staples driven by Mezzan-manufactured brands in Kuwait and the region, and expansion of production capability in Qatar […]

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Mezzan Holding Reports Q3 2016 Financial Results

3.6 % rise in Revenues for the nine months ended September 30, 2016, with revenue growth in Kuwait, Qatar, and Jordan Strong performance in Food Manufacturing and Distribution business primarily driven by Mezzan Brands in Kuwait and regionally 9-month net profits reach KD13.5 million   Kuwait, November 9, 2016 — Mezzan Holding KSC, one of […]

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Mezzan Holding appoints Fares Hammami as new Group CFO

Kuwait, August 24, 2016 — Mezzan Holding KSC, one of the largest manufacturers and distributors of food, beverage, FMCG and pharmaceutical products in the Gulf, today announced former NBK Capital Director of Investment Banking Fares Hammami will join the company as its new Group CFO. Hammami, who joins the company following a 13-year track record […]

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Mezzan Holding acquires majority stake in Al Safi Food Company, announces plans for new food manufacturing plants in KSA

Transaction highlights: Mezzan Holding has acquired a 70% stake in Al Safi Food Company through a capital injection of SAR90.75 million (KD7.3 million) today. Al Safi Food Company is a Riyadh-based start-up food manufacturing company established by Al Faisaliah Group in January 2014 and commenced operations in May 2015. Al Safi Food Company has over […]

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Mezzan Holding Reports Q2 2016 Financial Results, updates market on Saudi JV

3.9% rise in Revenues for the six months ended June 30, 2016, with revenue growth in Kuwait, Jordan, and Qatar The creation of the Saudi JV is on-track, transaction closing in 4 weeks Kuwait, August 7, 2016 — Mezzan Holding KSC, one of the largest manufacturers and distributors of food, beverage, FMCG and pharmaceutical products […]

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Mezzan Holding Named Arabian Business’s Consumer Goods Company of the Year

Kuwait, May 10th, 2016 — Mezzan Holding KSC, one of the largest manufacturers and distributors of food, beverage, FMCG and pharmaceutical products in the Gulf, has been named Consumer Goods Company of the Year in the 2016 Arabian Business Achievement Kuwait Awards. The Arabian Business Achievement Awards have been held annually across the Gulf region […]

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