Mubasher: Commercial Facilities reported a growth of 5.6% in profits during the fourth quarter of 2016 when compared to the same period in the previous year, according to a bourse statement issued on Wednesday.

Earnings increased to KWD 2.63 million ($8.59 million) in Q4-16 from KWD 2.49 million ($8.14 million) in Q4-15.

Profits amounted to KWD 8.09 million during fiscal year 2016 which is 6% lower than KWD 8.57 million in the previous fiscal year.

On the stock level, Commercial Facilities gained 1.16% to 174 fils, with trading value reaching about 84,100 shares at about KWD 14,700.