Kuwait - Mubasher: Gulf North Africa Holding Company (GNAHC) recorded on Tuesday, KWD 3,150 ($10,400) net profit in Q2-16, against KWD 50,630 ($167,200) in losses in the same quarter last year.
Improvement in the financial results was due to the increase in rents, according to the company’s statement to Kuwait Stock Exchange (KSE).
GNAHC’s stock ended today’s session gaining 1.49%, with 49,000 shares traded for KWD 1,640 ($5,423)
