Dear Shareholders,
On behalf of the Board of Directors, I am pleased to welcome you to the Annual General Meeting of National Industries Company K.P.S.C., and to present the Company’s Annual Report and financial results for the year ended 31 December 2025.
During the year, the Company continued to reinforce its leading position in the building materials sector, leveraging its specialized manufacturing expertise and advanced operational capabilities. This has enabled us to further strengthen our market presence in Kuwait while maintaining a strong focus on product quality and competitiveness, thereby reinforcing the confidence of our customers and business partners.
The financial year 2025 was marked by fluctuations in the local and regional business environment, particularly with regard to raw material prices and the volume of construction projects. Despite these challenges, and in line with our ongoing commitment to sustainable growth and value creation for our shareholders, the Company successfully navigated these conditions through the diversity and quality of its product portfolio, achieving its strategic objectives.
During 2025, the State of Kuwait also witnessed renewed momentum in major government projects, particularly in the infrastructure sector, creating promising opportunities for industrial companies. National Industries Company actively pursued these opportunities by strengthening its production capacity and expanding its operational capabilities in order to meet the growing demand for high-quality building materials, while supporting the execution of major construction projects across the country.
We remain committed to investing in innovation, enhancing operational efficiency, and maintaining a balanced approach between financial growth and social responsibility. We will also continue to pursue sustainable profitability and expand our presence in regional markets in order to deliver long-term value to our shareholders and stakeholders.
The Company’s revenues from sales and customer contracts increased during the year to K.D. 54.37 million, compared to K.D. 51.42 million in 2024. The Company recorded a net profit of K.D. 4.1 million for the year ended 31 December 2025.
Based on these results, the Board of Directors, at its meeting held on Monday, 16 February 2026, resolved to recommend to the General Assembly the distribution of cash dividends of 10%, equivalent to 10 fils per share, for the financial year ended 31 December 2025.
In closing, I would like to express my sincere appreciation to our valued shareholders for their continued trust and confidence in the Company. I would also like to extend my gratitude to the Company’s management and employees across all departments for their dedication and efforts in supporting the Company’s growth and enhancing its performance.
God grants success,,
Abdulaziz Ibrahim Al-Rabiah
Chairman
