Kuwait - Mubasher: Kuwait Finance and Investment Company (KFIC) reported an 8% profit increase in the second quarter of 2016 to KWD 370,960 ($1.22 million) from KWD 342,220 ($1.13 million) in the same quarter last year.
Profits declined 79% year-on-year in H1-16 to nearly KWD 115,500, compared to around KWD 543,700 in H1-15, according to a bourse filing issued on Tuesday.