Kuwait – Mubasher: Al Kout Industrial Projects achieved a growth of 8.5% in profits during the third quarter of 2016 as compared to the same period a year ago.
Net profit reached KWD 1.3 million ($4.3 million) in Q3-16 when compared to KWD 1.2 million ($3.9 million) in Q3-15, according to a bourse filing issued on Monday.
Over the nine-month period, earnings grew by 30% to KWD 1.34 million from KWD 1.59 million in the corresponding period a year ago.
