Kuwait Flour Mills achieves record-breaking profits

  • 03/04/2024

The Kuwait Flour Mills and Bakeries Company announced record-breaking annual earnings for the year 2023. The company disclosed a remarkable surge of 47 percent compared to the previous year, with profits totaling an impressive 76.7 million dinars (equivalent to around 235 million dollars). During the general assembly meeting, Abdul Hamid Tawfiqi, the Vice Chairman of the Company’s Board of Directors, emphasized the outstanding performance of the company and its capacity to sustain asset growth.

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