Human Soft to pay KWD 22m dividends for FY18

Mubasher: The ordinary general meeting (OGM) of Human Soft Holding approved distributing 185% of the capital as cash dividends for fiscal year 2018.

Human Soft will pay 185 fils per share to the entitled shareholders as dividends for FY18, at a total value of KWD 22.5 million, according to a bourse disclosure on Sunday.

The Boursa Kuwait-listed company will pay the dividends on 29 April to the shareholders of record date on 21 April.

Human Soft’s shareholders also approved paying KWD 40,000 as a bonus to each board member.

During FY18, Human Soft achieved a growth of 12.1% in net profit to KWD 31.49 million compared to KWD 28.1 million in FY17.

Mubasher Contribution Time: 07-Apr-2019 08:57 (GMT)
Mubasher Last Update Time: 07-Apr-2019 09:42 (GMT)