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FINANCIAL NEWS
Kuwait’s Mezzan Holding revenue grows to USD 184.9mn
04 May 2016
(MENAFN) Mezzan Holding KSC, one of the main producers and distributors of food, beverage and pharmaceutical products in the Gulf, proclaimed its financial results for Q1 2016.
Furthermore, its revenue increased to reach USD 184.9mn, introducing a 5.3 percent grow on the same period of 2015 and the highest revenue in the firm’s history.
However, profit dropped to USD 17.27mn, down 4.8 percent trailed by the influence of decline in its Catering business and extra taxes not present in Q1 2015.
In addition, its consumer portfolio, which produces more than 70 percent of its income, showed its resilience in these challenging market conditions.
More News
08 Apr 2026
BBK awards over BD 1 Million to 273 winners in the February Al Hayrat Grand Prizes draw
01 Mar 2026
BBK activates partial remote working system for its workforce to ensure employee and customer safety and service continuity
24 Feb 2026
BBK discloses its financial results for the year ended 31st December 2025
05 Feb 2026
BBK announces December Al Hayrat Grand Prize winners and another wave of Grand prizes for February
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