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Al Nawadi posts 13.4% increase in 9M profits

Al Nawadi posts 13.4% increase in 9M profits
Photo Credit: Arabianeye-Reuters
Al Nawadi
ALNAWADI
0.00% 75.00 0.00

Kuwait-Mubasher: Profits of Al Nawadi Holding increased 13.4% to KWD 1.77 million in the first nine months, up from KWD 1.56 million in the same period of 2014.

The company recorded about KWD 764,600 earnings in Q3-15, compared to around KWD 587,400 in Q3-14, a growth of 30%.

Al Nawadi’s operating revenues soared to KWD 4.16 million in 9M-15 from KWD 2.92 million in 9M-14.

The Kuwaiti bourse declared the permanent suspension of trading on Al Nawadi stock as of 2 May, 2016.