Kuwait - Mubasher: Educational Holding Group reported a 69% growth in profits in the first quarter ended 30 November 2016, compared to the same period last year.
The company’s net profits reached KWD 1.68 million ($5.5 million) compared to profits of KWD 993,201 ($3.24 million) in the same period last year, as shown by the company’s financial statements.
According to the company’s statement to Boursa Kuwait on Wednesday, operating revenues grew 7% in Q1 to KWD 3.14 million compared to KWD 2.922 million in the same period in 2015.
