Public Authority for Communications and Information Technology reports 115.44 million KD profit in 2025/2026
The Public Authority for Communications and Information Technology recorded a net profit of 115.44 million KD for the 2025/2026 fiscal year, with the remaining amount transferred to the state treasury.
Translated by Qiyas from الراي — Original source
The Public Authority for Communications and Information Technology recorded a net profit of 115.44 million Kuwaiti dinars for the fiscal year 2025/2026, with revenues amounting to 139.47 million dinars against expenses of 24.026 million dinars. According to the final accounts decree published in “Kuwait Today” newspaper, 10 percent of the net profit, totaling approximately 11.54 million dinars, was transferred to the Authority’s general reserve, while the remaining balance of 103.89 million dinars was transferred to the State’s general treasury.
