Kuwait-Mubasher: Kuwait Finance and Investment (KFIC) achieved positive results in the third quarter, backed by operating revenues that pump fixed cash into different operating sectors including finance, real estate investment, and investment services, said CEO Tareq Mishari Al Bahar.
KFIC has posted profits worth about KWD 717,000 or 2.3 fils per share.
The company’s Q3 financial results were affected negatively by capital markets due to falling oil prices, added the CEO.
KFIC has been less affected by markets’ fluctuations, being able to diversify its operating sectors within Kuwait and US.
