Kuwait National Cinema Company issued its financial results for the year 2014, recording a rise by 10% in its earnings.

The cinema firm posted a net profit worth KWD 8.7 million ($29.35 million) in 2014, compared to KWD 7.9 million ($26.65 million) in the previous year.

Meanwhile, the firm’s earnings totaled KWD 1.6 million in Q4-2014 against KWD 1.8 million in Q4-2013; a decline by about 11%.

The Board of Directors recommended a cash dividend of 51% or 51 fils per share for the financial year of 2014.