Kuwait - Mubasher: Al Salam Group Holding posted a net profit of KWD 93,960 ($310,800) in the second quarter of 2016, against a net loss of KWD 169,400 ($560,330) in the same quarter last year.
As for the first half of the year, the company profits surged 909% to KWD 460,410 up from KWD 45,630 in the same period last year, according to a bourse filing on Monday.
