Kuwait - Mubasher: Kuwait Investment Company reported a 17.42% decrease in net profits in the second quarter of 2016 to KWD 1.15 million ($3.8 million) from KWD 1.4 million ($4.6 million) in the same period last year.
As for the first half of the year, profits declined 20.62% year-on-year to KWD 2 million, compared to KWD 2.5 million in H1-15, according to a bourse filing issued on Tuesday.