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Sultan Center earnings fall in FY14

Sultan Center earnings fall in FY14
Photo Credit: Arabianeye-Reuters
SULTAN
SULTAN
2.80% 110.00 3.00

Sultan Center Food registered a plunge of 57% in its earnings for the fiscal year 2014, posting around KWD 962,050 ($3.08 million) compared to KWD 2.16 million ($7.17 million) in 2013.

The board of directors recommended no dividends for the fiscal year 2014.

Sultan’s capital totals KWD 57.88 million, distributed on 578.82 million shares with a par value of 100 fils a share.