Noor’s Q4 financials turn profitable

Kuwait-Mubasher: Noor Financial Investment saw a positive turn in financials of the fourth quarter in 2015 when it posted earnings worth KWD 1.27 million ($4.2 million), against losses worth KWD 3.06 million ($10.11 million) in Q4-14, according to an issued statement.

During the fiscal year 2015, the KSE-listed firm achieved profits worth KWD 1.33 million ($4.41 million), compared to about KWD 918,800 ($3.04 million) in FY14; a growth of 44.8%.

Noor’s board recommended withholding dividends for FY15.

 

Mubasher Contribution Time: 31-Mar-2016 05:49 (GMT)