Mubasher: Kuwait Cement achieved a growth of 43.5% in profits to KWD 4.29 million ($14.01 million) in the fourth quarter of 2016 from KWD 2.99 million ($9.8 million) in the same period of 2015.
During the fiscal year, earnings increased by 1.04% to KWD 19.49 million from KWD 19.29 million in FY15, according to a bourse statement issued on Wednesday.
The board members recommended a cash dividend of 20% or 20 fils per share for FY16.
