Kuwait-Mubasher: The financial statements of Jeeran Holding showed a positive turn in the nine-month period which ended 30 November, 2015.
The company posted about KWD 477,350 ($1.57 million) profits in 9M-15, against losses worth KWD 5.73 million ($18.82 million) in 9M-14.
During the third quarter, Jeeran reported about KWD 299,840 profits, against losses worth nearly KWD 188,200 in Q3-14.
Jeeran noted that it tuned profitable after a subsidiary cancelled a delay fine of KWD 6.4 million.
