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ANNUAL REPORT
2015
Ladies and Gentlemen,
May Peace, Mercy and the Blessings of Allah be upon you.
We are pleased to meet you again at the beginning of this year, and to bring the good and reassuring news that Al
Mazaya Holding continues its steady growth based on solid internal and external foundations. We present to you the
annual report of your company for the fiscal year which ended on December 31st 2015, and which contains details
of the financial results, achievements and successes made in the last year by the company.
Before I begin to reveal the details of the financial results and achievements made by the company, by the grace
of Allah first of all, and due to the prudent strategy adopted by Al Mazaya Holding, I would like to give thanks and
express my gratitude to all the shareholders who have supported us since our inception.
Dear Shareholders,
Al Mazaya Holding was able to maintain a steady performance and positive results, proving an exceptional ability to
be immune to economic and geopolitical fluctuations in the surrounding region and the entire world. The company
has continued to achieve positive leaps in its financial results and reported a net profit of KWD9.32million by the
end of 2015, which is a 15.2% increase from the KWD8.09million by the end of 2014. Earnings per share (EPS)
was calculated at 15.04fils per share by the end of 2015, compared to 13.05fils per share by the end of 2014. These
achievements were made by the grace of Allah and due to the focus on sale and rent operations as well as on delivery
in accordance with the predetermined schedule.
Mr. Rashid Al Nafisi
Chairman
MESSAGE FROM
THE CHAIRMAN
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