Kuwait – Mubasher: National Industries Group Holding’s profits for the first quarter of fiscal year 2017 jumped 713.5% to KWD 3.14 million ($10.25 million), compared to KWD 386,000 ($1.26 million) for Q1-16, according to a bourse filing released on Sunday.
The company had earlier posted a net profit of KWD 24.19 million for FY16.
The stock stood at 114 fils at Sunday’s close.
