Al Imtiaz generates profit from selling KWD 11m asset

Mubasher: Al Imtiaz Investment Group has completed the procedures required for selling and transferring the ownership of a property valued at KWD 11 million ($36.7 million) in Kuwait City.

A net profit worth about KWD 925,500 ($3.1 million) was realised and will be registered in the income statements of the first quarter for fiscal year 2018.

At the stock level, Al Imtiaz closed Sunday’s trading session 0.7% down at 141 fils after 1.77 million shares were traded.a

Mubasher Contribution Time: 04-Mar-2018 12:21 (GMT)
Mubasher Last Update Time: 04-Mar-2018 12:21 (GMT)