Ekttitab Holding Company K.S.C.C

Ekttitab Holding Company K.S.C.C

Pressreleases, Reports and Disclosures for Ekttitab Holding Company K.S.C.C

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Disclosure: Detailed Analysis Accumulated Losses

The document provides information about Ekttitab Holding Company K.S.C.P. and its financial situation as of July 22, 2026. The company has accumulated losses amounting to 81,523,000 KWD, which represents 74.74% of its paid-up capital. These losses began in 2013 due to various factors, including losses from investment sales, a decline in stock prices, an exceptional loss in 2021 from reducing the capital of an investee company, provisions for doubtful debts, and impairment of an associate company in Q2 2024. To address these accumulated losses, the company has undertaken several initiatives, such as increasing revenue, implementing cost rationalization, enhancing operational efficiency, restructuring assets and liabilities, reducing provisions for expected credit losses, and decreasing general and administrative expenses. Additionally, the company plans to extinguish the accumulated losses by utilizing the statutory reserve balance and reducing capital, as approved by the general assembly on May 24, 2026, in accordance with the Companies Law and regulatory requirements.

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Disclosure: Results of BOD Meeting
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Disclosure: Financial statements for the 2nd QTR of 2026
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Disclosure: Notification from the Company Regarding the Amendment to the Proposed Timetable for the Capital Reduction
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Disclosure: BOD meeting
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Disclosure: Clarification from the company- Minutes of the EGM
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Disclosure: Resolutions of General Assembly
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Disclosure: Detailed Analysis Accumulated Losses
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Disclosure: Notification from the company
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Disclosure: Notification from the company
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Disclosure: Clarification from the company
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Disclosure: Financial statements for the 3rd QTR of 2025
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