Mezzan Holding’s origins date back to the 1940s, when a young and ambitious Kuwaiti entrepreneur opened his first retail store selling consumer-ready imported products. These products include rice, sugar, and other food staples from neighboring countries, and later from Europe, the USA, and Asia.
That entrepreneur was the late Jassim Mohammad Ali Al Wazzan, and what he started 75 years ago is today one of the region’s most reputable and trusted conglomerates with operations spanning across seven countries through 30 vertically integrated companies.
Shareholders approved the Board of Directors’ recommendation to distribute cash dividend of 16 fils per share, representing 58% of profit, and to distribute treasury shares at a rate of 2% (two shares for every 100 shares held by investors) Kuwait, May 22, 2022 — Mezzan Holding KSC, one of the largest manufacturers and distributors of…
Kuwait, 16 May 2022: Mezzan Holding KSC, one of the largest manufacturers and distributors of food, beverage, FMCG, and pharmaceutical products in the Gulf, announced the company’s financial results for the first quarter ended 31 March 2022. Q1 2022 Financial Highlights: Revenue: KD 72.5 million, down 1.2% Operating Profit: KD 3.9 million, down 39.5% EBITDA:…
Board recommends a cash dividend of 16 fils per share, representing 58% of profit, and the distribution of treasury shares at a rate of 2% (2 shares for every 100 shares held by investors) Kuwait, 23 March 2022: Mezzan Holding KSC, one of the largest manufacturers and distributors of food, beverage, FMCG, and pharmaceutical…
Kuwait, 13 November 2021: Mezzan Holding KSC, one of the largest manufacturers and distributors of food, beverage, FMCG, and pharmaceutical products in the Gulf, announced the company’s financial results for the 9-month period ending 30 September 2021. Q3 2021 Financial Highlights: Revenue: KD 57.2 million, down 4.8% Net Profit to Parent Company Shareholders: KD…
