Kuwait-Mubasher: Tamdeen Real Estate achieved profits worth about KWD 5.6 million ($18.56 million) in the first quarter of 2016, compared to KWD 5.28 million ($17.5 million) in the same period of 2015; an increase of 6.1%.
The growth in Q1 earnings resulted from higher net investment revenues, the company clarified in a bourse statement.