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Kuwait’s National Industries Q1 profits up to $6.6m

Kuwait’s National Industries Q1 profits up to $6.6m
Photo Credit: Arabianeye-Reuters
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National Industries’ earnings grew 11.6% in the first quarter, soaring to KWD 2.01 million ($6.6 million) in Q1-15 from KWD 1.8 million ($5.9 million) in Q1-14.

The company’s earnings per share inched up to 5.75 fils in Q1-15 from 5.17 fils in Q1-14.

The KSE-listed firm’s annual earnings jumped to KWD 7.36 million in the fiscal year ended 31 December, 2014 from about KWD 512,600 in FY13.