Kuwait - Mubasher: Mushrif Trading and Contracting Company (MTCC) reported a 177.7% year-on-year net profit increase in the second quarter of 2016 to around KWD 456,300 ($1.5 million) from nearly KWD 164,300 ($534,600) in the same period last year.
Profits declined 18.4% in H1-16 to KWD 401,500, compared to KWD 491,830 in H1-15, according to a bourse filing.
