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Al Enmaa Real Estate withholds dividends distribution

Al Enmaa Real Estate withholds dividends distribution
Photo archive: Al Enmaa Real Estate OGM
ERESCO
ERESCO`R
13.55% 88.00 10.50

By: Ahmad Awad

Kuwait-Mubasher: Al Enmaa Real Estate shareholders agreed on freezing dividends for the fiscal year ended 31 October, 2015, during the ordinary general meeting on Thursday.

Shareholders of the real estate firm have approved the company’s financial position and balance sheet for the same year.

Al Enmaa posted profits worth KWD 4.38 million ($14.55 million) in FY15, 30% higher from 2014’s profits.