Kuwait-Mubasher: Al Enmaa Real Estate achieved a 60% growth in profits of the second quarter ended 30 April, 2016 as compared to the same period in the previous year.

The company’s earnings increased to nearly KWD 282,890 ($934,870) in Q2 from approximately KWD 176,710 ($583,970) in the same quarter ended 30 April, 2015.

On the six-month level, Al Enmaa registered a decline of 80.1% to about KWD 423,030 profit, compared to KWD 2.13 million in the six months ended 30 April, 2015.