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Al Enmaa profits down 98% in Q3

Al Enmaa profits down 98% in Q3
The company's last OGM - (Photo Archive)
ERESCO
ERESCO`R
22.32% 94.80 17.30

Kuwait - Mubasher: Al Enmaa Real Estate Company reported a 97.1% decline in profits in the third quarter to KWD 42,310 ($140,060) compared to KWD 1.48 million ($4.9 million) in the same period last year.

Profits also decreased 87.1% year-on-year in the nine-month period that ended 31 July, to KWD 456,340 from KWD 3.61 million.