Kuwait-Mubasher: Kuwait Investment suffered losses worth KWD 399,000 ($1.32 million) in the fourth quarter of 2015, 117% higher from about KWD 183,800 ($608,200) in the same period of 2014.
During the fiscal year 2015, the Kuwait-listed firm achieved profits worth KWD 1.51 million ($5 million) as compared to KWD 6.39 million ($21.17 million) in FY14.
The investment company’s board recommended freezing dividends for the fiscal year 2015.
