ALRAI
ALRAI
-8.93%
25.50
-2.50
ALRAI
Kuwait-Mubasher: Alrai Media Group achieved KWD 1.59 million ($5.25 million) earnings in the fourth quarter in 2015, 16.9% higher as compared to KWD 1.36 million ($4.49 million) in the same period of 2014.
Over the fiscal year 2015, Alrai Media’s profits reached KWD 6.31 million as compared to KWD 5.05 million in FY14, an increase of 25%.
The board has recommended 10% cash dividends or 10 fils per share which will be subject to the approval of the company’s ordinary general meeting.
Source:
Mubasher