Kuwait-Mubasher: Al Kout Industrial Projects reported a surge of 246.5% in profits of the first quarter as compared to the same quarter in 2015, the company said in a statement issued Sunday.
The company’s profits totalled KWD 1.59 million ($6.47 million) in Q1-16, compared to nearly KWD 458,900 ($1.52 million) in Q1-15.