Kuwait-Mubasher: Al Enmaa Real Estate achieved KWD 4.38 million ($14.42 million) earnings for the fiscal year ended 31 October, 2015 as compared to KWD 3.36 million ($11.06 million) in the same period of 2014; a growth of 30.4%.
The company noted in a bourse filing that the rise in profits resulted from an increase in net profit of provided services, in net growth of investment revenues, and in net profit of real estate operations.
The board has recommended withholding dividends for the fiscal year ended 31 October, 2015.