Human Soft posts higher profits in Q1

Mubasher: Human Soft Holding achieved a profit of KWD 7.14 million ($23.35 million) in the first quarter of 2017 as compared to KWD 6.2 million ($20.28 million) in the same period of 2016; a 15.2% year-on-year increase.

The company’s net operating profit grew by 15.2% to KWD 7.49 million in Q1-17 from KWD 6.5 million in Q1-16, according to a recent bourse statement.

At the stock level, Human Soft closed Thursday’s session at KWD 3.320, after nearly 254,050 shares were exchanged at a value of about KWD 845,540.

 

Mubasher Contribution Time: 13-Apr-2017 15:01 (GMT)
Mubasher Last Update Time: 13-Apr-2017 15:02 (GMT)