Kuwait-Mubasher: Bayan Investment swung to earnings of about KWD 67,600 ($224,550) profits in the fourth quarter in 2015, according to a statement.
Bayan reported losses worth nearly KWD 919,900 ($3.06 million) in Q4-14.
During the fiscal year of 2015, the investment firm suffered losses of about KWD 50,300 ($167,176), against profits worth KWD 2.51 million ($8.34 million) in 2014.
The board has recommended withholding dividends for FY15.
Bayan stock started Wednesday’s trading session with a fall of 1.39% to 35.5 fils, after one transaction was executed on 10,000 shares with a value of KWD 355.
