Mubasher: Noor Financial Investment said that its 53.7%-owned subsidiary has signed a primary contract to sell a property for KWD 2.5 million ($8.2 million).
The company said that KWD 50,000 worth profit is expected to be generated from this sale deal, the company said in a bourse statement issued on Wednesday, adding that the profit will be registered in the financial statements of the first quarter this year.
At the stock level, Noor ended Wednesday’s trading session at 58 fils.
