Kuwait – Mubasher: Aqar Real Estate Investments achieved a rise of 19.7% in profits during the first quarter of 2017, compared to the same period of 2016.
The company’s earnings grew to nearly KWD 333,910 ($1.1 million) in Q1-17 from approximately KWD 278,860 ($915,200) in Q1-16, according to a bourse filing issued on Sunday.
Aqar’s net operating profit increased by 20.5% to about KWD 449,150 in Q1-17 from nearly KWD 372,740 in Q1-16.
