Results of the Board Meeting

08 Mar 2021

The Board of Directors of the Company met on Tue 8 Mar 2021 at 1:30 pm and approved the audited financial statements of the Company for the financial year ended 31 December 2020 and recommended the following:
- Injazzat Real Estate Development Company achieved a profit of 831,452 Kuwaiti Dinars at the end of the fiscal year 2020, with a profit per share of 2.48 fils. Compared with a loss of (6,893,370) million Kuwaiti dinars, with an earnings per share of (20.52) money, the company made at the end of the fiscal year 2019.
- The Board of Directors also recommended not to distribute dividends for the fiscal year ending on December 31, 2020.