KUWAIT, March 14 (KUNA) -- National Investment Company (NIC) announced realizing KD 6.1 million in profit for the fiscal year ending December 2012, compared to a loss of KD 27.3 million the year before.

The company's release, made available on the Kuwait Stock Exchange website Thursday, said Shareholder equity came to KD 183.3 million, up from the previous year's KD 176.8 million.

Assets till end of 2012 stood at KD 189.8 million, with liabilities recording KD 6.47, compared to KD 23.8 million in 2011.

Established in 1987, National Investments Company (NIC) is a leading Kuwaiti investment house publicly traded on the Kuwait Stock Exchange and licensed and regulated by the Central Bank of Kuwait.

With paid-in-capital of KWD 87.622 million, NIC is an active player in various sectors of the local, Arab and international markets. The company boats a large and diversified shareholder base and includes some of Kuwait's most prominent institutions and high net-worth individuals.