Kuwait - Mubasher: United Projects Company for Aviation Services (UPAC) achieved a rise of 14.1% in profits during the first quarter of 2017 as compared to the same period of the prior year.
UPAC’s earnings increased to KWD 2.18 million ($7.15 million) in Q1-17 from KWD 1.91 million ($6.26 million) in Q1-16, according to a bourse statement issued on Monday.
The growth in Q1 profits was attributed to higher revenue from projects’ management.
