Kuwait – Mubasher: Aqar Real Estate Investments’ board will discuss financials for the period ended 30 September 2016, in their meeting on Monday, 24 October at 2pm Kuwait time, according to a statement posted today.
Aqar posted a decline in its profits by 25.6% to KWD 275,550 in the second quarter of 2016, from KWD 370,310 in the same period in 2015.
The company achieved KWD 554,410 in net profits during the first half this year, compared to KWD 876,550 in the year-ago period, registering a 36.8% decline.