Kuwait International Fair to pay 30% dividends

Kuwait-Mubasher: The ordinary general meeting of Kuwait International Fair agreed on distributing 30% cash dividends of the overall capital or 30 fils per share for the fiscal year 2015, Kuwait News Agency said.

Net profits amounted to KWD 3.38 million ($11.21 million) in FY15, while deferred earnings reached KWD 17.3 million ($57.39 million).

The company achieved a growth by KWD 25.4 million ($84.27 million) in the shareholders’ equity during 2015, said chairman Emad Tefouni.

Assets increased to KWD 29 million ($96.21 million) over the fiscal year 2015, while liabilities stood at KWD 3.6 million ($11.94 million).

 

Mubasher Contribution Time: 12-Apr-2016 13:08 (GMT)
Mubasher Last Update Time: 12-Apr-2016 13:08 (GMT)