Page 10 - JTC-Annual Report-2025-Eng

CHAIRMAN’S STATEMENT

Dear Shareholders,

Greetings.

It is my pleasure to present to you JTC’s Annual Report and consolidated financial statements
for the financial year ending December 31, 2025. The year 2025 has been a period of strong
progress for JTC, marked by strategic achievements, operational excellence, and continued
resilience, further reinforcing our position as a leading player in the logistics and industrial
services sector.

The business environment in 2025 has commitment to advancing the nation’s
improved, providing new avenues for growth. economic vision. We also acknowledge the
JTC was well-positioned to capitalize on these Government’s ongoing initiatives to enhance
opportunities, leveraging our diversified the investment landscape and foster a stable,
portfolio and strong market presence. competitive environment in which businesses
Supported by strong cargo volumes across our can prosper. As a leading private sector logistics
markets, we continued to deliver solid results, and industrial services provider, JTC takes
demonstrate adaptability, and strengthen our pride in contributing to Kuwait’s economic
competitive position. progress and to the sustainable development
of the markets in which we operate.
JTC delivered a robust financial performance
in 2025. Operating revenue increased by 14% I would also like to thank our management
to KWD 32.5 million, while net profit rose 12% to team and dedicated employees for
KWD 7.5 million compared to 2024, reflecting their professionalism, hard work, and
the strength of our diversified business model, unwavering commitment to excellence.
disciplined execution, and strong operational To our shareholders, I extend my heartfelt
performance. In line with our commitment appreciation for your trust and confidence.
to creating shareholder value, the Board has Looking ahead, we remain focused on
recommended a cash dividend of 28 fils per harnessing new opportunities, driving
share, representing an 8% increase over FY sustainable growth, enhancing operational
2024, along with a 10% bonus issue, both of excellence, and delivering long-term value to
which are subject to approval by the General all stakeholders.
Assembly. This recommendation reflects our
dedication to maximizing shareholder value
and our confidence in JTC’s financial position
and growth prospects.
Sheikh Ali Fawaz Al Sabah
On behalf of the Board of Directors, I convey our Chairman of the Board of Directors
deep appreciation to His Highness the Amir
of the State of Kuwait and the Prime Minister
for their visionary leadership and continued

9 JTC LogisTiCs TransporTaTion & sTevedoring Company K.s.C.p.