Kuwait-Mubasher: Kuwait Finance and Investment’s (KFIC) ordinary general meeting on Monday agreed on retaining earnings for the fiscal year 2015, according to a statement on Twitter.
KFIC has decreased the overall liabilities by 14% over FY15. Thus, the company has repaid KWD 26 million, until the first quarter of 2015, of its existing debts.
Furthermore, the company’s shareholders agreed to increase the reserves by KWD 300,000.