Kuwait – Mubasher: Al Nawadi Holding said on Wednesday that its net profits of KWD 1 million for the first half of 2015, up 3.36% from KWD 974,920 for the same period of the previous year.

The Kuwaiti shareholding firm saw an increase of 71.9% in net profits reaching KWD 1.046 million for the second quarter of 2015, compared with KWD 608,600 for the same quarter of the previous year.

Al Nawadi, owner of health institutes and resorts, attributed the profit rise to its increased operating revenues.