Mubasher: KIB has registered KWD 10.75 million realised from executing a contract in the income statement for the fiscal year ending on 31 December 2018, according to a bourse disclosure on Wednesday.
This amount is expected to boost the financial profile of KIB, but it cannot yet indicate to FY18 financial results until external auditors complete their work and authorised entities give their regulatory approval.
It is noteworthy that KIB posted a growth of 15% in profits to KWD 15.48 million in the first nine months of 2018 compared to KWD 13.47 million in the same period last year.
