National International Q4 profits leap 559%

Mubasher: The initial unaudited income statements of National International Holding registered a jump of 559.3% in profits during the fourth quarter of 2018 compared to the same period a year ago.

Earnings surged to KWD 890,000 ($2.94 million) in Q4-18 from KWD 135,000 ($445,450) in Q4-17, according to a bourse statement on Thursday.

During fiscal year 2018, National International reported an increase of 67.9% in profits to KWD 2.3 million from KWD 1.37 million in FY17.

It is noteworthy that the company is listed on both Boursa Kuwait and the Dubai Financial Market (DFM).

Mubasher Contribution Time: 14-Feb-2019 07:57 (GMT)
Mubasher Last Update Time: 14-Feb-2019 07:57 (GMT)