Kuwait – Mubasher: United Real Estate achieved a growth of 56.6% in profits during the third quarter of 2016 as compared with the same period of 2015.
Earnings amounted to KWD 1.91 million ($6.28 million) in Q3-16, compared with KWD 1.22 million ($4.01 million) in Q3-15, according to a bourse statement issued Monday.
During the nine-month period, profits gained 0.62% to KWD 4.91 million from KWD 4.88 million in the same period of 2015.
On the stock level, United Real Estate rose 2.08% to 98 fils after about 2,900 shares at a value of KWD 280.
