Al-Nawadi Holding Company has recorded a rise by 41.53% in its earnings of the financial year 2014.

Al-Nawadi posted a net profit of KWD 2.76 million (about $9.28 million) in 2014, compared to KWD 1.95 million (about $9.56 million) in 2013.

The firm’s net profit totaled about KWD 1.19 million in Q4-2014 against around KWD 780,330 in Q4-2013, soaring by 53.5%.

The Board of Directors recommended a bonus share of 10% or 10 shares per each 100 shares for the financial year of 2014.