Kuwait - Mubasher: Taameer Real Estate Investment Company recorded a net profit of KWD 101.09 ($333,460) in the second quarter of 2016, against a net loss of KWD 909,20 ($3.01 million) in the same period last year.
During the first half this year, losses decreased 37.8% to reach nearly KWD 405,380 from about KWD 651,620 in H1-15, according to the company’s statement to the Kuwait Stock Exchange (KSE) on Thursday.