Kuwait – Mubasher: Taameer Real Estate Investment achieved a net profit of nearly KWD 242,770 ($795,700) in the first quarter of 2017, against a loss of around KWD 506,470 ($1.66 million) in the same period a year ago.
The company’s net operating profit reached approximately KWD 101,050 in Q1-17, compared to nearly KWD 22,350 in Q1-16, according to a bourse statement issued on Thursday.
