Kuwait – Mubasher: Kuwait Real Estate posted on Monday a year-on-year fall of 11.2% in its profits for the first quarter of fiscal year 2017
Net profit for Q1-17 amounted to KWD 1.66 million ($5.44 million), versus KWD 1.87 million ($6.13 million) for Q1-16, according to a bourse filing.
The stock stood at 56 fils at Monday’s close.
