Mubasher: KAMCO Investment registered a decline of 64.6% in profits during the first quarter of 2018 compared to the same period in 2017.
Earnings declined to nearly KWD 101,260 ($336,420) in Q1-18 from around KWD 286,000 ($950,200) in q1-17, according to a bourse statement on Tuesday.
The drop in Q1 profits is attributed to lower profitability from selling assets at fair value.