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Human Soft nods to FY16 dividends

Human Soft nods to FY16 dividends
Photo Credit: Arabianeye-Reuters
HUMANSOFT
HUMANSOFT
0.55% 2,915.00 16.00

Kuwait – Mubasher: The ordinary general meeting (OGM) of Human Soft Holding approved distributing 160% of capital or 160 fils per share as cash dividends for fiscal year 2016, according to a bourse statement issued on Thursday.

The company’s profits increased by 38.2% to total KWD 24.21 million in FY16 from KWD 17.52 million in FY15.

At the stock level, Human Soft closed Thursday’s session 1.01% lower at KWD 3.94.