Kuwait-Mubasher: Automated Systems achieved profits worth around 566,600 ($1.87 million) in the fourth quarter of 2015, against losses worth about KWD 36,190 ($119,200) in Q4-14, according to a recent statement.

The Kuwait-listed firm reported earnings worth KWD 1.36 million ($4.51 million) in the fiscal year of 2015 as compared to KWD 1.5 million ($4.97 million) in FY14, a decline of 9.3%.

The board of Automated recommended a distribution of 50% bonus shares at 50-for-100 for FY15.