Kuwait-Mubasher: Salhia Real Estate registered 21% rise in earnings of the fourth quarter in 2015 as compared to the same quarter in 2014.
The company posted KWD 2.59 million profits in Q4-15, compared to KWD 3.28 million in Q4-14, the company said in a bourse filing.
During the fiscal year 2015, Salhia achieved KWD 11.63 million profits, 1.8% higher from 2014 when it reported KWD 11.42 million.
The board has proposed distribution of 20% cash dividends or 20 fils per share, subject to the shareholders’ approval.
