Kuwait - Mubasher: United Foodstuff Industries Group recorded a 40% year-on-year increase in net profits in the second quarter of 2016 to nearly KWD 234,000 ($775,000) from around KWD 167,100 ($553,500) in the same period last year.
Profits also grew 27.5 for the six-month period ended 30 June 2016 to KWD 516,530 from KWD 405,080, according to a bourse filing.