Mubasher: Al Mowasat Health Care achieved KWD 1.8 million ($5.9 million) worth profits during the fourth quarter of 2016, compared to KWD 840,000 ($2.75 million) in Q4-15; a growth of 114.3%.
During the fiscal year of 2016, earnings totaled KWD 4.52 million which was 35.3% higher from KWD 3.34 million in the previous fiscal year, according to a bourse statement issued on Thursday.
The board of directors recommended a dividend payout of 20% or 20 fils per share, with an overall value of KWD 2.03 million.
