Kuwait Business Town Q4 profits rise 75.05%

Kuwait-Mubasher: Kuwait Business Town Real Estate reported a growth of 75.05% in profits of the fourth quarter in 2015 as compared to the same period in 2014, according to a recent statement.

The company posted earnings worth KWD 4.09 million ($13.6 million) in Q4-15, compared to KWD 2.33 million ($7.77 million).

Business Town registered KWD 4.94 million ($16.44 million) profits during the fiscal year 2015, 56.49% higher from FY14 when it posted KWD 3.16 million ($10.52 million).

 

Mubasher Contribution Time: 07-Mar-2016 07:25 (GMT)