Mubasher: Kuwait Bahrain International Exchange registered a 16.5% drop in profits of the fourth quarter of 2015 as compared to the same period in 2014.
Earnings reached about KWD 109,390 ($361,840) in Q4 versus nearly KWD 130,940 ($433,120) in the same period a year earlier, according to a bourse statement.
During the fiscal year of 2015, profits decreased by 35.2% to about KWD 480,390 as compared to around KWD 741,820 in FY14.