The latest Al-Shall Economic Report shows 134 out of the 140 companies listed on the Kuwait Stock Exchange — representing about 95.7% of all listed firms — have disclosed their financial results for the first quarter of 2025.
These companies, according to Al-Rai daily, collectively achieved 763.5 million dinars in net profits, reflecting a modest growth of 1% compared to KD 755.9 million in Q1 of 2024.
On a quarterly basis, this marks an 11.3% increase over Q4 of 2024, when the same companies recorded KD 686 million in profits.
Performance analysis showed that 71 companies (53%) improved their financial outcomes during the first quarter of 2025 compared to the same period in 2024.
Among them, 56 companies reported higher profits, while 15 either returned to profitability or reduced their losses.
Conversely, 63 companies (47%) reported weaker performance, including 45 firms with profit declines and 18 that either posted deeper losses or swung from profit to loss. This is a notable rise in underperformance compared to the 36 companies that saw declines in the previous quarter.
Of the 13 active sectors in the exchange 5 sectors improved their profitability, 6 sectors reported a decline in profits and 2 sectors shifted from profit to loss.
The telecommunications sector led the performance chart, generating KD 75.6 million in net profits, up from KD 50 million — a surge of 51.3% (25.6 million million).
The consumer services sector followed, with profits rising to 32.1 million dinars from 15.6 million dinars, an impressive 105.8% increase (16.5 million dinars).
The energy sector also recorded a notable gain, growing from 3.8 million dinars to 6.2 million dinars — a 60.5% rise (2.3 million dinars).
On the downside, the industrial sector experienced the steepest drop in earnings, posting 41.2 million dinars in Q1 2025, compared to 53.3 million dinars in Q1 2024—a decline of 12.1 million dinars or 22.7%.
