Salhia Real Estate exits investment in Kuwait

Mubasher: Salhia Real Estate has exited a local investment that is worth about KWD 901,790 ($2.95 million).

The company said that about KWD 474,300 worth profit will be realized from this exit, according to a bourse statement issued on Tuesday.

This profit will be added to the financial statements of the first quarter of 2017.

On the stock level, Salhia fell by 1.27% to reach 390 fils at Tuesday’s open.

 

Mubasher Contribution Time: 14-Feb-2017 09:35 (GMT)
Mubasher Last Update Time: 14-Feb-2017 09:36 (GMT)