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National Cleaning FY17 profits grow; board proposes 5% dividends

National Cleaning FY17 profits grow; board proposes 5% dividends
The board members of National Cleaning recommended bonus shares
CLEANING
CLEANING
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Mubasher: National Cleaning achieved KWD 387,000 ($1.3 million) in profits during the fourth quarter of 2017 against KWD 209,000 ($699,200) in the same period a year ago.

During fiscal year 2017, the company generated a profit of KWD 1.31 million compared to KWD 362,000 in the prior year, according to a bourse filing on Sunday.

The board members of National Cleaning recommended a bonus share of 5% or 5-for-100 shares.