Kuwait-Mubasher: Advanced Technology achieved profits worth KWD 2.14 million ($7.07 million) in the fourth quarter of 2015 as compared to KWD 1.84 million ($6.08 million) in Q4-14; a growth of 16.3%.

During the fiscal year of 2015, the KSE-listed firm posted earnings worth KWD 4.94 million ($16.36 million), 11.8% higher from FY14 when it posted KWD 4.42 million ($14.63 million).

The company’s board recommended distributing 15% cash dividends of the capital or 15 fils per share.