By: Mohamad Farouk
Mubasher: Al Mazaya Holding is expected to achieve a slight growth of 1.5% in profits to KWD 10.4 million ($34.6 million) in fiscal year 2017 compared to KWD 10.25 million in the previous year, capital market analyst Ahmed Jassim Al Qamr told Mubasher.
The analyst expected Al Mazaya, which is listed on both Boursa Kuwait and the Dubai Financial Market (DFM), to distribute 8% of capital to shareholders or 8 fils per share, the same amount approved for FY16.
