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Mabanee Co K.P.S.C

MABANEE • Kuwait Boursa

0.970 KWD-0.51%

Sector

Real Estate

Last Updated

9/3/2026

About MABANEE

Mabanee Company K.P.S.C., together with its subsidiaries, provides construction and real estate investment services in Kuwait, Bahrain, and Saudi Arabia. It operates through Construction and Real Estate Operations; and Hotel Operations segments. The Construction and Real Estate Operations segment consists of leasing properties, real estate development, projects leasing, and construction activities. Its Hotel Operations segment provides hotel services through Hilton Garden Inn Hotel and Waldorf Astoria Hotel, Kuwait. The company is also involved in general trading and contracting; warehousing facilities; management; purchase, sale, and rental of land and properties; management of owned and leased properties; trading of equipment and construction materials; operation and management of family entertainment centers; advertising, publishing, distribution, and art production; real estate brokerage; freight forwarding; construction and operation of hospitals, medical centres, and governmental and private dispensaries; repair and maintenance of refrigerators and air purifiers; production and distribution of chilled water; and accommodation and food services. In addition, it develops mixed-use destinations; operates and manages shopping malls; and designs and manages projects. Mabanee Company K.P.S.C. was incorporated in 1964 and is based in Kuwait City, Kuwait.

Headquarters

Kuwait City, Kuwait

Industry

Real Estate

Exchange

Boursa Kuwait

Key Metrics

Stock & Valuation

Stock Price:0.970 KD
EPS:0.057 KD
P/E Ratio:17.1
Price to Book:0.00
Dividend Yield:2.06%

Profitability

Net Profit:83.9M KD
Revenue:138.7M KD
Gross Margin:59.2%
Operating Margin:50.6%
Net Margin:60.5%

Returns

ROE:10.0%
ROA:4.3%
Total Assets:2.0B
Total Equity:842.0M
Operating Cash Flow:54.1M KD

Financial Health

Current Ratio:1.15
Debt to Equity:1.32
Cash:75.5M KD
Total Liabilities:1.11B KD
Net Cash Position:-1.03B KD

MABANEE annual financials

Mabanee Co K.P.S.C — revenue, net profit, assets, equity and earnings per share, 20202025. Source: audited annual reports filed to Boursa Kuwait.

Mabanee Co K.P.S.C (MABANEE) annual financial results in Kuwaiti dinars
YearRevenueNet profitTotal assetsEquityEPS
2025KD 138.7mKD 83.9mKD 1.95bnKD 842.0m56.7 fils
2024KD 132.8mKD 64.8mKD 1.58bnKD 752.9m46.5 fils
2023KD 129.3mKD 64.8mKD 1.36bnKD 700.8m49.2 fils
2022KD 113.2mKD 60.9mKD 1.13bnKD 653.8m49.0 fils
2021KD 100.5mKD 55.4mKD 1.09bnKD 604.4m47.3 fils
2020KD 65.5mKD 21.6mKD 964.8mKD 555.1m19.5 fils

Latest earnings call — Q2 2026

Mabanee Co K.P.S.C analyst conference, 3 August 2026

Mabanee reported an optically weak H1 2026 with net profit down 35.6% YoY to KD 32.4 million and revenue down 4.5% YoY to KD 65.4 million; however, underlying performance was stable as the prior-year period included a significant one-off land sale gain. Operational momentum is mixed: the core retail portfolio remains highly resilient (The Avenues Kuwait at 98% occupancy), but the hospitality segment is dragging down the top line due to geopolitical disruptions hit travel. The investment thesis remains centered on execution of its massive KD 2.4B development pipeline—led by The Avenues Riyadh (95% complete)—with near-term earnings seeing pressure from pre-operating costs and slight project timeline slippages.

Full brief: numbers that matter, guidance, analyst pushback, risks · ~500 words

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Dividend History

Latest DPS

0.020 KD

Year 2025

Dividend Yield

2.06%

Annual

Avg DPS

0.015 KD

13 years

Growth

-20.0%

13 years

Recent Payments

2025 Dividend(annual)

0.020 KD

Paid 4/23/2026

2024 Dividend(annual)

0.014 KD

Paid 4/23/2025

2023 Dividend(annual)

0.014 KD

Paid 4/8/2024