A specialized economic report stated that 135 companies listed on the Kuwait Stock Exchange achieved a net profit of approximately 1.243 billion Kuwaiti dinars (about 3.7 billion US dollars) in the first half of 2025, representing a decrease of about 13.7 percent compared to the first half of 2024, which recorded profits of about 1.440 billion dinars (about 4.3 billion dollars).

The Al-Shall Consulting report, issued on Saturday, indicated that these companies represent about 96.4 percent of the total 140 listed companies, after excluding companies that have not yet announced their results and those with different fiscal years.

The report pointed out that these companies recorded a decline of about 30.8 percent in their profits in the second quarter of 2025 compared to the first quarter of the same year. The companies achieved profits of about 508.4 million dinars (about 1.5 billion dollars) in the second quarter, compared to 734.4 million dinars (about 2.2 billion dollars) in the first quarter.

The report noted that the results for the first half of 2025 indicate an improvement in the performance of 84 companies compared to the first half of 2024. Among them, 70 companies increased their profits, and 14 others either turned profitable or reduced their losses, meaning that 62.2 percent of the companies that announced results showed improved performance.

Conversely, 51 companies recorded a decline in performance, including 34 companies that saw lower profits, while 17 companies increased their losses or shifted from profitability to losses.

The report explained that seven out of 13 sectors increased their profitability compared to the first half of 2024, while six other sectors experienced a decline in profits.

The banking sector was the best performer, achieving profits of about 882.2 million dinars (about 2.6 billion dollars), compared to 845.8 million dinars (about 2.5 billion dollars), an increase of 36.4 million dinars (about 111 million dollars) or approximately 4.3 percent.

The second-best sector was financial services, with profits of about 215.4 million dinars (about 657 million dollars), compared to 174 million dinars (about 531 million dollars) in the first half of 2024, an increase of 41.4 million dinars (about 126.2 million dollars) or approximately 23.8 percent.

The telecommunications sector ranked third, with profits increasing from about 123.4 million dinars (about 376.3 million dollars) to about 179.9 million dinars (about 548.6 million dollars), a rise of 56.5 million dinars (about 172.3 million dollars) or approximately 45.8 percent.

The report highlighted that the largest decline in profits was in the industrial sector, which recorded losses of about 207.7 million dinars (about 633.4 million dollars), compared to profits of 83.3 million dinars (about 254 million dollars) in the first half of the previous year, a decrease of 291 million dinars (about 887.5 million dollars).