City Group’s Q1 profits rise as revenues grow

Kuwait-Mubasher: City Group achieved a growth of 12.3% in net profits of the first quarter in 2016 as compared to the corresponding period in 2015, according to a bourse statement.

Operational revenues backed the company’s profits to reach KWD 1.85 million ($6.12 million) in Q1-16, compared to KWD 1.65 million ($5.46 million) in Q1-15.

 

Mubasher Contribution Time: 02-May-2016 09:23 (GMT)
Mubasher Last Update Time: 02-May-2016 09:23 (GMT)