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Mushrif posts $9.96m losses in FY14

Mushrif posts $9.96m losses in FY14
Photo Credit: Arabianeye-Reuters
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Mushrif Trading and Contracting Company posted losses worth KWD 2.99 million ($9.96 million) in 2014 against earnings worth KWD 1.50 million ($4.99 million) in 2013.

The firm registered around KWD 339,020 losses in Q4-2014 against earnings worth about KWD 304,360 in Q4-2013.

The board of directors proposed no dividends for the fiscal year ended 31 December, 2014.

Mushrif’s capital stands at KWD 30.7 million, distributed on 307 million shares with a par value of 100 fils a share.