Kuwait - Mubasher: Jeeran Holding reported a decline in profits by 83.4% year-on-year in the third quarter ended 30 November 2016, according to a bourse filing.
The company said in a statement to Bourse Kuwait on Tuesday that profits reached KWD 49,850 ($162,960) compared to KWD 300,020 ($980,730) in the same period the year before.
Profits grew 0.85% in the nine-month period that ended by the end of November to KWD 481,600 from KWD 477,540 in the same period of the previous year.
