H1-16 profits declined 88% - (Photo Credit: Arabianeye-Reuters)
ALOLA
ALOLA`R
ALOLA`R
Kuwait - Mubasher: First Investment Company reported a 193% surge in profits in the second quarter of 2016 to KWD 170,570 ($564,300) from KWD 58,230 ($192,700) in the same period last year.
Profits dropped 88% year-on-year to KWD 215,550 in H1-16, compared to KWD 1.8 million in H1-15.
Source:
Mubasher
