SOOR`R
Kuwait – Mubasher: Soor Fuel Marketing posted profits worth KWD 1.25 million ($4.11 million) in the second quarter this year, 27.2% higher from nearly KWD 982,950 ($3.23 million) in Q2-15.
During the first six months of 2016, Soor reported 0.41% rise in earnings to KWD 2.45 million from KWD 2.44 million in H1-15, according to a bourse statement.
The growth in profits was due to an increase in other revenues.
Soor’s stock ended Tuesday’s session falling by 1.82% to 108 fils, as around 7,360 shares were traded at a value of KWD 800.