Kuwait, May 10, 2018 — 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 the first quarter ending 31 March 2018. Q1’18 Revenue: KD58.8 million Q1’18 EBITDA: KD7.2 million Q1’18 Net Profit: KD5.0 million Q1…
Kuwait, March 18, 2018 — 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 the year 2017. Board recommends a cash dividend of 22 fils per share for the year with a total payout of KD6.8 million…
Kuwait, November 8, 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 Q3 2017. Third quarter revenue was up 4.3% as it stood at KD49.8 million, bringing the total revenue for the first three quarters…
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 2017. The company reported KD50.3 million in Q2 revenue, and a Q2 net profit of KD2.0 million. The quarter’s results bring Mezzan…
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 3.4% increase on the same period in 2016 and the highest quarterly revenue…
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…
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 and other…
Kuwait, November 9, 2016 — 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 Q3 2016. 3.6 % rise in Revenues for the nine months ended September 30, 2016, with revenue growth in Kuwait, Qatar, and Jordan…
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…
Kuwait, Aug 24, 2016 — Mezzan Holding, one of the largest food, beverage, FMCG and pharma manufacturing and distribution companies in the Gulf, has completed its acquisition of 70% of KSA-based Al Safi Food Company today, effectively granting Mezzan Holding a local platform to manufacture and distribute food and beverage products in the Kingdom. Transaction…