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Kuwait-Mubasher: The financials of Hilal Cement showed a positive turn as it posted about KWD 425,700 ($1.42 million) earnings in the fourth quarter, against losses of about KWD 92,000 ($306,000) in the same quarter of 2014.
During FY15, profits reached about KWD 308,590 against losses worth around KWD 374,040 a year earlier.
The board of directors has recommended 10% bonus shares at 10-for-100 for the fiscal year 2015.
Source:
Mubasher
