Kuwait – Mubasher: Salhia Real Estate achieved a growth of about 50% in profits during the first quarter of 2017, compared to the same period of 2016.
The earnings stood at KWD 4.62 million ($15.14 million) in Q1-17, compared with KWD 3.08 million ($10.1 million) in Q1-16, according to a bourse statement issued on Wednesday.
The net operating profit grew by 2.5% to KWD 6.62 million in Q1-17 from KWD 6.46 million in Q1-16.
