Mubasher: Hayat Communications reported a growth of 45.1% in profits to about KWD 201,690 ($659,850) during the fourth quarter of 2016 from about KWD 138,990 ($454,720) in the same period of 2015.
During the fiscal year, earnings reached approximately KWD 250,530 which was 37% higher than about KWD 182,800 in the previous year, according to a bourse statement issued on Tuesday.
The board members recommended zero dividends for the fiscal year.
