Al-Madar Finance and Investment Company posted losses worth KWD 977,000 ($3.25 million) in 2014, against earnings worth KWD 3.59 million ($11.93 million) in 2013.

The firm posted a net profit of KWD 88,000 in Q4-2014, compared to KWD 5.11 million in Q4-2013, recording a drop 98.3%.

The board suggested no dividends distribution of the fiscal year 2014.

Al-Madar’s capital stands at KWD 21.4 million, distributed on 214 million shares with a par value of 100 fils per share.