“Kamco Invest” reports KWD3.0 million net profit in 2019 and proposes cash dividends of 5 fils

Kamco Invest, a regional non-banking financial powerhouse with one of the largest AUMs in the region, announced its financial results for the full year ending 31 December 2019 reporting a net profit of KWD3.0 million (Kuwaiti fils 12.47 per share) compared to KWD2.6 million (Kuwaiti fils 10.77 per share) for the same period in 2018. Fee income reached KWD19.1 million representing 71.1% of the total revenues which stood at KWD26.9 million.