Kuwait-Mubasher: KAMCO Investment recorded a positive turn in financials for the fourth quarter in 2015, achieving profits worth KWD 1.26 million ($4.18 million).
The Kuwait-listed company logged losses worth nearly KWD 322,590 ($1.07 million) in Q4-14.
KAMCO registered earnings worth around KWD 523,690 ($1.73 million) during the fiscal year 2015, 73.3% lower from KWD 1.96 million ($6.50 million) in 2014.
The company has postponed discussing the distribution of dividends to the coming board meeting, added the statement.
