Kuwait – Mubasher: Housing Finance (Iskan) recorded a surge of 139.5% in profits during the second quarter of 2016 as compared to the same period a year ago.
Earnings increased to about KWD 422,270 ($1.4 million) in Q2-16 from around KWD 176,350 ($584,130) in Q2-15, according to a bourse filing.
During the first half this year, profits gained 9.2% to approximately KWD 783,190 versus around KWD 862,070 in H1-15.