Kuwait-Mubasher: Kuwait Syrian Holding showed a positive turn in financials for the fourth quarter of 2015 as compared to the same period of 2014.
The Kuwaiti company posted around KWD 99,950 profits in Q4-15, against losses of about KWD 80,330 in Q4-14.
During the fiscal year 2015, the company registered earnings of nearly KWD 775,700 against losses worth approximately KWD 7.22 million in FY14.
The board of directors has recommended 3% cash dividends or 3 fils per share payout.
During Thursday’s trading session, the stock leaped 11.36% or 2.5 fils to settle at 24.5 fils after 30,000 shares were traded.
