FOOD
By: Ahmad Awad
Kuwait-Mubasher: Kuwait Food – Americana’s ordinary general meeting agreed on paying 90 fils for the fiscal year 2014.
Americana’s sales exceeded $3.2 billion, while its earnings totaled $183 million, said chairman Marzouk Al-Kharafi.
The chairman said that Americana’s debts decreased by KWD 15 million to KWD 67.4 million in 2014.
“Americana has distributed the highest cash dividend among the listed companies,” noted Al-Kharafi.
The chairman added that Americana is launching a restaurant every four days, as it covers 105 cities across the world.
He said that the firm is willing to expand in Iraq in the coming period.
The KSE-listed firm’s capital stands at KWD 40.2 million, distributed on 402 million shares with a par value of 100 fils per share.