Kuwait – Mubasher: Egypt Kuwait Holding (EK Holding), listed on Kuwait’s and Egypt’s bourses, posted a 24.8% year-on-year rise in its profits during the second quarter of 2017.
Profits reached KWD 4.13 million ($13.71 million) in Q2-17, compared to KWD 3.31 million ($10.98 million) in Q2-16.
In the first half of 2017, profits grew 10.8% to KWD 10.78 million from KWD 9.73 million in the prior-year period.
The company’s positive results are mainly attributed to a rise in overall profits and interest revenues.
