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Aayan expected to post KWD 2.9m earnings

Aayan expected to post KWD 2.9m earnings
Photo Credit: Arabianeye-Reuters
KSH
KSH
-2.00% 184.00 -4.00
AAYANRE
AAYANRE
-0.41% 73.70 -0.30

Aayan Real Estate is projected to achieve earnings worth KWD 2.9 million in 2014 against KWD 1.21 million in 2013, jumping by 139.3%, said Senior Direct Investment Manager at Al Imtiaz Investment Group, Ahmed Jassim AlQamar.

AlQamar expected the Group’s distribution to shareholders to reach five percent.

Noteworthy, The Board of Directors at both Aayan Real Estate and Kuwait Slaughterhouse will hold a meeting today, Wednesday, February 4, 2015, to discuss the annual financial statements for the year ended on December 31, 2014.