International Financial Advisors (IFA) saw negative turn in its financials of the fiscal year 2014, posting a net loss of KWD 34.05 million ($112,72 million) against earnings worth KWD 2.92 million ($9.67 million) in 2013.

The company, which is listed on both KSE and DFM, registered losses worth KWD 26.38 million in Q4-14 compared to about KWD 79,070 in Q4-13.

IFA’s board of directors recommended freezing dividends for the fiscal year 2014.