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Osoul approves no dividends for FY14

Osoul approves no dividends for FY14
Photo Credit: Arabianeye-Reuters
OSOUL
OSOUL
0.93% 97.40 0.90

By: Ahmad Awad

Kuwait-Mubasher: Osoul Investment’s ordinary general meeting agreed on freezing dividends for the fiscal year 2014.

The firm posted a net profit of KWD 244,350 ($67,040) in 2014, compared to KWD 180,670 ($49,600) in 2013.

Osoul’s capital stands at KWD 18.87 million, distributed on 188.7 million shares with a par value of 100 fils a share.