National Cleaning posts higher profits in Q3

Kuwait – Mubasher: National Cleaning’s net profit soared 132.8% to nearly KWD 247,870 ($815,630) during the third quarter this year from about KWD 106,480 ($350,380) in the same period of 2015.

During the first nine months of 2016, earnings totalled around KWD 571,300 which is 59.4% higher from approximately KWD 358,520 in the corresponding period a year ago, the company said in a bourse filing issued on Sunday.

National Cleaning clarified that the growth in profits was backed by new contracts recently signed.

 

Mubasher Contribution Time: 13-Nov-2016 13:50 (GMT)
Mubasher Last Update Time: 13-Nov-2016 13:50 (GMT)