Kuwait-Mubasher: Housing Finance (Iskan) said it will achieve a profit worth about KWD 774,810 ($2.58 million) from collecting client debts, according to a bourse statement.
The Kuwaiti company said on Wednesday that debtor owed Iskan KWD 2.94 million ($9.79 million).
It noted that the profit will be registered in the company’s financial statements for the first quarter of 16.
Iskan stock settled at 26 fils at 11:15 am Kuwait time during Wednesday’s trading session.
