Kuwait’s Educational Holding approves FY15 dividends

Kuwait – Mubasher: Educational Holding Group’s shareholders approved on Sunday cash dividends of 12 fils per share, totalling KWD 2.9 million, during their extraordinary general meeting.

The company, listed in Kuwait Stock Exchange, earlier reported a net profit of KWD 5.5 million for the fiscal year ended on 31 August 2015, versus KWD 3.99 million a year earlier.

The company’s share rose today by 4.6% to 288 fils through 5,000 shares exchanged at KWD 1,140 through one transaction.

MUBASHER Contribution Time: 10-Jan-2016 09:19 (GMT)