Future Kid Entertainment and Real Estate Co. net profits declined by 28.5% in 2014 to KWD 641,800 down from KWD 897,400 in the previous year.

The company's profits decline in 2014 was drove by the increasing operating costs as well as the financial impact of the restructuring plan, it said in a bourse statement.

The company's board of director has recommended dividend payout of 6%, representing KWD 6 fils per share for 2014.

Future Kid is capitalised at KWD 60.6 million, divided into 606.13 million shares at KWD 100 fils par value each.