Kuwait-Mubasher: Salhia Real Estate achieved profits worth KWD 3.08 million ($10.21 million) in the first quarter, 7.3% higher from KWD 2.87 million ($9.51 million) in the corresponding quarter of 2015, the company said in a bourse statement.
Low finance costs helped in raising Q1 earnings, the company clarified.
Salhia stock ended Wednesday’s session at 360 fils, after rising 2.86%, as 500 shares were exchanged through one transaction worth KWD 180.
