Al Kout Industrial Q1 profits grow 19%

Mubasher: Al Kout Industrial Projects achieved an increase of 19.3% in profits during the first quarter of 2018 compared to the same period in the prior year.

Earnings grew to KWD 2.1 million ($7 million) in Q1-18 from KWD 1.76 million ($5.5 million) in Q1-17, according to a bourse statement on Wednesday.

The rise in Q1 profits is attributed to higher sales and operating income. 

Mubasher Contribution Time: 16-May-2018 13:14 (GMT)
Mubasher Last Update Time: 16-May-2018 13:32 (GMT)