Salhia Real Estate closed Tuesday’s session at 332 fils
0.00% 332.00 0.00
Mubasher:Salhia Real Estate achieved an increase of 9.4% in earnings during fiscal year 2018 compared to the prior year.
Profits rose to KWD 17.31 million in FY18 from KWD 15.82 million in FY17, according to a bourse statement on Tuesday.
During the fourth quarter of 2018, profits plunged by 34.3% to KWD 3.16 million ($10.42 million) compared to KWD 15.82 million in the corresponding period last year.
The board members of Salhia Real Estate recommended 20% of capital as cash dividends for FY18 or 20 fils per share to the entitled shareholders.
At the stock level, Salhia Real Estate closed Tuesday’s session at 332 fils.
(c) All Rights Reserved - Mubasher Info 2005 - 2019 Provided by SyndiGate Media Inc. (Syndigate.info)., source Middle East & North African Newspapers