Yiaco Medical Company recorded a plunge of 44.5% in its earnings for the fiscal year 2014.

The medical firm’s earnings in 2014 totaled KWD 2 million ($6.7 million), compared to KWD 3.6 million ($12 million) in 2013.

Yiaco’s profits in the fourth quarter reached KWD 268,800 in 2014 against KWD 249,800 in Q4-2013.

The board of directors recommended no dividends for the fiscal year ended 31 December, 2014.

Yiaco’s capital stands at KWD 18.19 million, distributed on 181.91 million shares with a par value of 100 fils a share.