KUWAITRE
KUWAITRE
-4.04%
356.00
-15.00
KUWAITRE
Kuwait-Mubasher: Kuwait Reinsurance’s earnings increased by 26.82% in the first quarter of 2016 as compared to the same period in 2015, the company said in a recent statement.
Profits reached about KWD 935,600 ($3.11 million) in Q1-16, compared to around KWD 737,740 ($2.45 million) in Q1-15.
Operating revenues gained 11.2% to reach KWD 11.47 million ($38.13 million) in Q1-16, from KWD 10.32 million ($34.3 million) in Q1-15.
Source:
Mubasher