Mezzan Holding Company K.S.C.P. Reports Earnings Results for the First Quarter Ended March 31, 2021
May 10, 2021
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Mezzan Holding Company K.S.C.P. Announced earnings results for the first quarter ended March 31, 2021. For the first quarter, the company announced sales was KWD 73.367 million compared to KWD 74.404 million a year ago. Operating income was KWD 6.447 million compared to KWD 6.392 million a year ago. Net income was KWD 4.958 million compared to KWD 4.642 million a year ago. Basic earnings per share from continuing operations was KWD 16.37 compared to KWD 15.24 a year ago.
Mezzan Holding Company KSCP is a Kuwait-based industrial conglomerate. The Company's business activities are divided into five segments: Food, manufacturing and selling food, such as meat and dairy products, snacks and biscuits, as well as beverages; Fast Moving Consumer Goods (FMCG), responsible for the production and distribution of health and beauty products, medicines, medical and household products, such as shampoos, body soaps and tissues; Catering, offering catering services within short- and long-term contracts, as well as single event catering; Industrial, producing plastic goods, lube oil and paperboard for packing purposes; and Services, including ancillary storage, and logistics, among others. The Company controls a number of subsidiaries, such as Kuwait Indo Trading Company WLL, Conserved Foodstuff Distributing Company WLL, Plastic Industries Company and Al Muntasser Shampoo Factory. It operates in Kuwait, Qatar, Iraq, and Jordan, among others.
MEZZAN HOLDING COMPANY K.S.C.P. 
