Kuwait-Mubasher: Commercial Facilities reported earnings worth KWD 2.49 million ($8.31 million) in the fourth quarter of 2015, compared to KWD 1.7 million ($5.67 million) in the same quarter of 2014, an increase of 46.5%.

The Kuwaiti company said in a bourse statement that its profits declined 21.4% to KWD 8.57 million during the fiscal year 2015, down from KWD 10.9 million in 2014.

The board of directors will hold a meeting on 15 February to approve the financials of FY15.

The company’s stock leveled 1.32% up to close at 154 fils by the end of Thursday’s trading session, after around 713,300 shares were exchanged with a value of about KWD 110,500.