EMIRATES`R
Kuwait Syrian Holding (KSH) Company has issued its financial results for the year ended on December 31, 2014, with losses increasing by 626%.
KSH’s losses totaled KWD 7.22 million in 2014, compared to KWD 994.4 thousand in 2013.
Moreover, the Company’s losses were amounted to KWD 80.3 thousand in Q4-14 against KWD 459 thousand in Q4-13.
Meanwhile, KSH’s revenues posted KWD 3.5 million.
Noteworthy, KSH Board of Directors has not recommended cash dividends for FY-2014.