According to the results of the company on the Kuwait Stock Exchange today, the profits of the past year amounted to 30.011 million dinars, compared to the 2018 profits of 28.279 million dinars.
The company said that the increase in annual profits in the past year is due to the increase in revenues and profits of the group's companies operating in the sectors of industry, real estate and education.
KIPCO's profits in the fourth quarter of last year fell to 7.255 million dinars, compared to profits of 7.906 million dinars for the same period in 2018, a decrease of 8%. < / p>
The company’s board of directors recommended in its meeting held yesterday, Saturday, to distribute 10% cash dividends for the previous year by 10 fils per share, with a total value of 18.124 million dinars. .
