Injazzat posts higher profits in Q3

Kuwait – Mubasher: Injazzat Real Estate Development achieved a growth of 43.7% in profits during the third quarter of 2016 as compared to the same period in 2015.

Earnings amounted to nearly KWD 526,880 ($1.74 million) in Q3-16, compared with approximately KWD 366,690 ($1.21 million) in Q3-15, the company said in a bourse filing.

During the first nine months of 2016, profits decreased by 8% to KWD 2.65 million from KWD 2.88 million in the same period a year ago.

 

Mubasher Contribution Time: 26-Oct-2016 06:44 (GMT)
Mubasher Last Update Time: 26-Oct-2016 06:44 (GMT)