Safwan posts higher profits in Q3

Kuwait – Mubasher: Safwan Trading and Contracting posted a growth of 5.67% in profits during the third quarter of 2016 as compared to the same period a year ago.

Earnings totalled nearly KWD 687,100 ($2.3 million) in Q3-16 as compared to about KWD 650,300 ($2.14 million) in Q3-15, according to a bourse statement issued Monday.

During the nine-month period, profits fell 0.56% to KWD 1.77 million from KWD 1.78 million in the nine months of 2015.

 

Mubasher Contribution Time: 07-Nov-2016 12:23 (GMT)
Mubasher Last Update Time: 07-Nov-2016 12:24 (GMT)