Kuwait- Mubasher: Combined Group Contracting Company reported a rise in its profits by 35.4% year-on-year, according to a bourse statement.
Profits reached KWD 539,880 ($1.79 million) in Q2-17, compared to KWD 835,940 ($2.77 million) in Q2-16.
In the first half of 2017, profits grew 378.2% to KWD 1.05 million from KWD 219,570 in the prior-year period.
The company’s profit rise is mainly attributed to an increase in the parent company’s operating revenues.
