By: Ahmad Awad
Kuwait-Mubasher: Soor Fuel Marketing’s ordinary general meeting agreed on distributing 5% cash dividends of the capital or 5 fils per share for the fiscal year 2015.
During the fiscal year 2015, Soor’s earnings reached KWD 4.15 million ($13.75 million), while the sale stood at KWD 104.5 million ($346.17 million).
The shareholders agreed on Tuesday to invest the company’s financial surpluses to increase profitability.
On KSE’s level, Soor stock rose by 1.82% to settle at 112 fils, 15 minutes before closing Tuesday’s session, after nearly 31,600 shares were traded with a value worth about KWD 3,500.
