Kuwait-Mubasher: Taiba Kuwaiti Holding reported profits worth KWD 1.14 million ($3.77 million) in the fourth quarter of 2015, against losses worth about KWD 627,900 ($2.08 million) in Q4-14.
Taiba registered profits worth approximately KWD 618,800 ($2.04 million) during the fiscal year 2015, 28.5% lower from nearly KWD 865,900 ($2.86 million) in FY14.
The board of Taiba recommended freezing dividends for FY15.
On the Kuwaiti bourse, Taiba stock was last traded on 31 March when it fell by 11.8% to 75 fils.
