KFH’s profits grow 10% in Q4-15

Kuwait-Mubasher: Kuwait Finance House (KFH) reported KWD 40.1 million earnings in the fourth quarter of 2015 as compared to KWD 36.3 million in Q4-14.

The bank’s profits soared 15% to KWD 145.8 million during the fiscal year 2015 from KWD 126.4 million in FY14.

KFH’s board has recommended 17% cash dividends or 17 fils per share, and 10% bonus shares or 10-for-100 shares.