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Tamdeen’s 9M profits increase 36.3%

Tamdeen’s 9M profits increase 36.3%
Photo Credit: Arabianeye-Reuters
TAM
TAM
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Kuwait-Mubasher: Tamdeen Real Estate showed a growth of 36.3% to KWD 9.01 million ($29.61 million) in the first nine months as compared to KWD 6.61 million ($21.72 million) in the same period of 2014.

A rise in net investment revenues boosted the company’s 9M profits, according to a filing to the Kuwaiti bourse.

Tamdeen’s H1-15 profits grew 35% to KWD 7.89 million, compared to KWD 5.85 million in H1-14.