National International Holding Company (NIHC) issued its financial results for the year 2014, recording a decrease in its earnings by approximately 36.7%.

NIHC’s net profit stood at KWD 949.6 thousand ($3.2 million) in 2014, compared to KWD 1.5 million ($5.1 million) in 2013.

Earnings in Q4-2014 totaled KWD 161.6 thousand against KWD 1.07 million in Q4-2013, recording a decline by 84.9%.

The Board of Directors has recommended a cash dividend of 4% or 4 fils per share.