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Safwan to discuss financials 7 November

Safwan to discuss financials 7 November
Profits decreased 18.8% in Q2 (Photo Credit: Arabianeye-Reuters)
SAFWAN
SAFWAN
6.00% 410.00 25.00

Kuwait – Mubasher: Safwan Trading and Contracting has scheduled Monday, 7 November, for disclosing the financial statements for the third quarter of 2016.

During the second quarter this year, profits decreased 18.8% to about KWD 433,040 as compared to nearly KWD 533,310 in the same quarter a year ago.

In September, the company’s board agreed to finally withdraw from Kuwait Stock Exchange (KSE) on 5 February, 2017.