{"id":148145,"date":"2024-01-15T11:17:21","date_gmt":"2024-01-15T08:17:21","guid":{"rendered":"https:\/\/timeskuwait.com\/news\/?p=148145"},"modified":"2024-01-15T11:17:21","modified_gmt":"2024-01-15T08:17:21","slug":"financial-statements-get-nod-from-ipg-board-of-directors","status":"publish","type":"post","link":"https:\/\/timeskuwait.com\/news\/financial-statements-get-nod-from-ipg-board-of-directors\/","title":{"rendered":"Financial statements get nod from IPG Board of Directors"},"content":{"rendered":"<p>The Board of Directors of the Independent Petroleum Group Company announced its approval of the audited annual financial statements for the year ending on December 31, 2023, during a meeting held yesterday. <\/p>\n<p>The financial results revealed a net profit of 7.82 million dinars, translating to earnings per share of 43.24 fils per share. This marks a slight increase compared to the 2022 profits of 7.65 million dinars, or 42.35 fils per share, reports Al-Anba daily.<\/p>\n<p>Furthermore, the Board of Directors has proposed a distribution of cash dividends of 30% of the nominal value of one share, equivalent to 30 fils per share. The total cash dividend payout is 5.42 million dinars for the financial year ending on December 31, 2023. <\/p>\n<p>These cash dividends are eligible for registered shareholders according to the established procedures of the Capital Markets Authority and Boursa Kuwait Company.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>The Board of Directors of the Independent Petroleum Group Company announced its approval of the audited annual financial statements for the year ending on December 31, 2023, during a meeting held yesterday. The financial results revealed a net profit of 7.82 million dinars, translating to earnings per share of 43.24 fils per share. This marks [&hellip;]<\/p>\n","protected":false},"author":18,"featured_media":148146,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[2,18],"tags":[],"class_list":["post-148145","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-featured","category-local"],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v27.0 - https:\/\/yoast.com\/product\/yoast-seo-wordpress\/ -->\n<title>Financial statements get nod from IPG Board of Directors - TimesKuwait<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/timeskuwait.com\/news\/financial-statements-get-nod-from-ipg-board-of-directors\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Financial statements get nod from IPG Board of Directors - TimesKuwait\" \/>\n<meta property=\"og:description\" content=\"The Board of Directors of the Independent Petroleum Group Company announced its approval of the audited annual financial statements for the year ending on December 31, 2023, during a meeting held yesterday. The financial results revealed a net profit of 7.82 million dinars, translating to earnings per share of 43.24 fils per share. This marks [&hellip;]\" \/>\n<meta property=\"og:url\" content=\"https:\/\/timeskuwait.com\/news\/financial-statements-get-nod-from-ipg-board-of-directors\/\" \/>\n<meta property=\"og:site_name\" content=\"TimesKuwait\" \/>\n<meta property=\"article:publisher\" content=\"https:\/\/www.facebook.com\/timeskuwait\" \/>\n<meta property=\"article:published_time\" content=\"2024-01-15T08:17:21+00:00\" \/>\n<meta property=\"og:image\" content=\"http:\/\/timeskuwait.com\/news\/wp-content\/uploads\/2024\/01\/IPG.jpg\" \/>\n\t<meta property=\"og:image:width\" content=\"800\" \/>\n\t<meta property=\"og:image:height\" content=\"533\" \/>\n\t<meta property=\"og:image:type\" content=\"image\/jpeg\" \/>\n<meta name=\"author\" content=\"Vinay Times\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:creator\" content=\"@thetimesq8\" \/>\n<meta name=\"twitter:site\" content=\"@thetimesq8\" \/>\n<meta name=\"twitter:label1\" content=\"Written by\" \/>\n\t<meta name=\"twitter:data1\" content=\"Vinay Times\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\/\/schema.org\",\"@graph\":[{\"@type\":\"Article\",\"@id\":\"https:\/\/timeskuwait.com\/news\/financial-statements-get-nod-from-ipg-board-of-directors\/#article\",\"isPartOf\":{\"@id\":\"https:\/\/timeskuwait.com\/news\/financial-statements-get-nod-from-ipg-board-of-directors\/\"},\"author\":{\"name\":\"Vinay Times\",\"@id\":\"https:\/\/timeskuwait.com\/news\/#\/schema\/person\/aa1f8d77c4b0263415e25c129eba099f\"},\"headline\":\"Financial statements get nod from IPG Board of Directors\",\"datePublished\":\"2024-01-15T08:17:21+00:00\",\"mainEntityOfPage\":{\"@id\":\"https:\/\/timeskuwait.com\/news\/financial-statements-get-nod-from-ipg-board-of-directors\/\"},\"wordCount\":139,\"publisher\":{\"@id\":\"https:\/\/timeskuwait.com\/news\/#organization\"},\"image\":{\"@id\":\"https:\/\/timeskuwait.com\/news\/financial-statements-get-nod-from-ipg-board-of-directors\/#primaryimage\"},\"thumbnailUrl\":\"https:\/\/timeskuwait.com\/news\/wp-content\/uploads\/2024\/01\/IPG.jpg\",\"articleSection\":[\"Featured\",\"Local\"],\"inLanguage\":\"en-US\"},{\"@type\":\"WebPage\",\"@id\":\"https:\/\/timeskuwait.com\/news\/financial-statements-get-nod-from-ipg-board-of-directors\/\",\"url\":\"https:\/\/timeskuwait.com\/news\/financial-statements-get-nod-from-ipg-board-of-directors\/\",\"name\":\"Financial statements get nod from IPG Board of Directors - 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