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Al-Safat Real Estate FY14 financials turn positive

Al-Safat Real Estate FY14 financials turn positive
Photo Credit: Arabianeye-Reuters
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Al-Safat Real Estate recorded earnings worth about KWD 30,020 ($99,370) in the fiscal year ended 31 January, 2015 against losses worth KWD 1.11 million ($3.68 million) in the same period of 2014.

The company’s capital stands at KWD 24 million, distributed on 240 million shares with a par value of 100 fils a share.