Kuwait-Mubasher: Kuwait Resorts (Muntazahat) posted profits worth about KWD 688,500 ($2.28 million) in the first quarter of 2016, 31.8% down from KWD 1.06 million ($3.53 million) in the same quarter of 2015, according to a bourse statement.
Operating revenues decreased 10.5% to KWD 2.65 million ($8.8 million) in Q1-16, from KWD 2.96 million ($9.83 million) in Q1-15.
