Home » Business » The net profit of “Kuwaiti buildings” increased by 7% in the last quarter of 2022

The net profit of “Kuwaiti buildings” increased by 7% in the last quarter of 2022

Inc. announced Kuwaiti buildings Today, Monday, its net profit increased by 7.3% in the last quarter of 2022, to reach 15.83 million dinars ($51.91 million), compared to 14.75 million dinars a year ago.

The company said in a statement to the Kuwait Stock Exchange that its annual profit rose to 61.1 million dinars in 2022, compared to 55.4 million dinars in the previous year, an increase of 10.2%.

The Board of Directors recommended the distribution of 14 fils as cash dividends per share, and six shares for every 100 shares as dividends for the year 2022.

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