Kuwait – Mubasher: KAMCO Investment achieved profits during the third quarter of 2016 against losses in the same period a year ago.
The company’s earnings reached about KWD 166,430 ($549,150) in Q3-16 versus losses worth around KWD 880,580 ($2.91 million) in Q3-15, the company said in a bourse statement issued on Thursday.
During the nine-month period this year, KAMCO achieved profits worth nearly KWD 890,410 against losses of approximately KWD 735,920 during the same period of 2015.
On the stock level, KAMCO started Thursday’s session lower by 1.75% to 112 fils after 7,000 shares were exchanged at a value of KWD 744.
