Kuwait – Mubasher: Real Estate Asset Management (REAM) posted a 14% year-on-year decline in its profits during the third quarter of 2016, according to a bourse statement.
Profits reached KWD 194,910 ($643,120) in Q3-16, compared to KWD 226,600 ($747,680) in Q3-15.
In the first nine months of 2016, profits declined 10.7% to KWD 597,710 from KWD 669,420 in the same period of 2015.
