Mubasher: Danah Al Safat Foodstuff suffered losses of KWD 2.37 million ($7.77 million) during the fourth quarter of 2016 against profits worth nearly KWD 1,000 ($3,280) during the same period in 2015.
The company achieved a growth of 36% in profits to KWD 140,000 in 2016 from KWD 103,000 in fiscal year 2015, according to a bourse statement issued on Wednesday.
The board members recommended zero dividends for the fiscal year.
