Alrai profits down 42% in Q1

Mubasher: Alrai Media Group profits decreased by 42% year-on-year during the first quarter of 2018, as shown by the company’s financial results.

Profits totalled KWD 262,940 in Q1-18, compared with KWD 449,760 for the same period last year, the company said in a statement to Boursa Kuwait.

Operational revenues decreased by 19% year-on-year and amounted to KWD 2.67 million, from KWD 3.31 million in Q4-17.

Mubasher Contribution Time: 01-May-2018 21:24 (GMT)
Mubasher Last Update Time: 01-May-2018 21:24 (GMT)