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Kuwait Ports Authority reports 46 million dinars profit for 2024/2025
A decree has been issued approving the final accounts of the Kuwait Ports Authority for fiscal 2024/2025, revealing strong financial performance.
The Authority recorded total revenues of 93 million dinars against 46.8 million dinars in expenses, resulting in a net profit of 46 million dinars, reports Al-Rai daily.
The decree stipulates that 9.2 million dinars will be retained by the Authority, while 36.9 million dinars will be transferred to the state treasury, in accordance with Article 15 of Decree Law No. 133 of 1977, which established the Kuwait Ports Authority.
The figures highlight the Authority’s continued contribution to the national economy and its efficient management of port operations.
