Mubasher: KAMCO Investment recorded profits worth about KWD 385,400 ($1.26 million) during the fourth quarter of 2016 which came 69.4% lower than KWD 1.26 million ($4.13 million) during the same period of 2015.
During the fiscal year, earnings surged 144.4% to total KWD 1.28 million from about KWD 523,690 in fiscal year 2015, according to a bourse statement issued on Wednesday.
At the stock level, KAMCO fell by 1.14% at 87 fils by 10:11am Kuwait time on Wednesday, after 7,000 shares were traded at a value of KWD 609.
