Kuwait-Mubasher: Kuwait's Future Kids Entertainment and Real Estate widened its losses by 13.6% during the fourth quarter of 2015.
The fourth-quarter losses amounted to KWD 386,560 ($1.28 million), compared with KWD 340,430 ($1.13 million) in the same period of 2014.
The Kuwait-listed company recorded earnings of KWD 1.14 million in 2015, with a rise of 77.6% from KWD 641,860 in 2014.
It attributed the annual profit rise to the restructuring of the company's management, as well as improved performance of subsidiaries and lower general and administrative expenses.
The board recommended cash dividends for 2015 at 10% of the stock's par value or 10 fils a share.
