Sokouk Holding revealed that it has sold a land plot for KWD 1.9 million.

The company noted that it holds 12.07% stake in the land, adding that the sales agreement has generated net profit of KWD 8.08 thousands and it will be reflected in Q4-FY14 financial results.

The company's interim financial statements for H1-FY14 reflected KWD 2.39 million net profit, down by around 84.6% from KWD 15.48 million posted in the same period a year earlier.