Kuwait-Mubasher: Bahrain Kuwaiti Insurance Company, listed on Kuwait and Bahrain’s bourses, posted a 55.7% rise year-on-year in its first-quarter profits, according to a bourse statement.
Profits reached KWD 774,800 ($2.58 million) in Q1-16, compared to KWD 497,500 ($1.66 million) in Q1-15.
The profit growth is mainly attributed to 138% higher operating profits.
