National Cinema’s shareholders approve FY15 dividends

Kuwait-Mubasher: Kuwait National Cinema’s ordinary general meeting agreed on distributing  cash dividends 53% of capital or 53 fils per share, according to a bourse filing.

During the fiscal year 2015, the Kuwait-listed firm achieved profits worth KWD 9.83 million ($32.56 million), 12.8% higher from KWD 8.72 million ($28.89 million) in 2014.

The shareholders also elected new board members for the coming three-year term.

 National Cinema’s stock was last traded on Monday when it settled at KWD 1.02.

Mubasher Contribution Time: 05-Apr-2016 11:01 (GMT)