Kuwait-Mubasher: Humansoft Holding reported an annual growth of 166.8% in profits for the fourth quarter in 2015, according to a bourse statement.
The company’s earnings stood at KWD 9.39 million ($31.16 million) in Q4-15, compared to KWD 3.52 million ($11.68 million) in Q4-14.
The board of directors has recommended a distribution of 25% cash dividends or 25 fils per share.
Humansoft achieved KWD 17.52 million ($58.2 million) in 2015 as compared to KWD 8.26 million ($27.44 million) a year earlier, an increase of 112.1%.
The Kuwait-listed firm noted that a 52% increase in revenues triggered a
Kuwait-Mubasher: Humansoft Holding reported an annual growth of 166.8% in profits for the fourth quarter in 2015, according to a bourse statement.
The company’s earnings stood at KWD 9.39 million ($31.16 million) in Q4-15, compared to KWD 3.52 million ($11.68 million) in Q4-14.
The board of directors has recommended a distribution of 25% cash dividends or 25 fils per share.
Humansoft achieved KWD 17.52 million ($58.2 million) in 2015 as compared to KWD 8.26 million ($27.44 million) a year earlier, an increase of 112.1%.
The Kuwait-listed firm noted that a 52% increase in revenues triggered a relative rise in the annual profits.
Humansoft stock did not witness any trades on Tuesday.
rise in the annual profits.
Humansoft stock did not witness any trades on Tuesday.
