Kuwait-Mubasher: Global Investment House achieved profits worth KWD 6.6 million ($21.7 million) during the fiscal year 2015, with 8 fils earnings per share.
The company’s revenues totalled KWD 16.4 million ($54.3 million), while revenues of the basic operations including asset management, banking investments, and financial brokerage reached KWD 12.3 million ($40.72 million).
Meanwhile, the operating costs decreased to KWD 13.3 million ($44.03 million) in FY15 from KWD 14.8 million ($49 million) in 2014.
Global’s board recommended distributing 5% cash dividends of capital or 5 fils per share, with an overall value of KWD 3.9 million ($12.91 million).
