Kuwait-Mubasher: Inovest achieved profits worth about KWD 964,710 ($1.2 million) in the first quarter of 2016, versus losses worth nearly KWD 298,290 ($988,040) in Q1-15, according to a statement issued Thursday.
The company, which is listed on both KSE and BHB, said that the positive turn in Q1 financials resulted from exiting a sister company and real estate investments, and growing contracting revenues.
