Kuwait, April 1 (TID) -- The Investment Dar Company (TID) announced annual net profits of KD 126 million in 2007 with an increase of 37% compared to 2006 net profits of KD 92 million, said a press release issued by the company on Tuesday.

TID EPS grew to 166.53 fils in 2007 compared to 138.47 fils in 2006 with an increase of 20%. The company's book value also rose to 487.6 fils in 2007 compared to 435.4 fils in 2006 with a growth of 12%.

The press release also said that TID Board of Directors recommended cash dividends of 70% for shareholders compared to 50% last year and stock dividends of 25% compared to 7.5% last year, after the approval of the general assembly.

All of the company's financial ratios made a notable improvement in 2007, as the value of total assets reached KD 1.282 billion compared to KD 1.060 billion in 2006 with a growth of 21%.

TID shareholders equity also made an increase of 21% reaching KD 372.232 million in 2007 compared to KD 309.140 million in 2006. The company’s revenues also made a growth of 36% in 2007 reaching KD 220.345 million compared to KD 162.573 in 2006.

The company's ROE was estimated at 36.9%, while the ROA was estimated at 10.7%, making them one the highest financial ratios in the investment sector of the Kuwaiti market.