The board recommended 5% annual bonus shares (Photo Credit: Company's Website)
ABAR
ABAR`R
ABAR`R
Kuwait-Mubasher: Burgan for Well Drilling –Abar posted a 94.3% decline in its annual profits, according to a bourse statement.
Annual profits reached KWD 2.37 million ($7.85 million) during the fiscal year ended 31 March 2016, compared to KWD 1.22 million ($4.04 million) in the prior-year period.
The board recommended 5% annual bonus shares on a 5-for-100 basis.
Source:
Mubasher
