Kuwait – Mubasher: Commercial Facilities registered a growth of 35.3% in profits during the third quarter of 2016 as compared to the same period a year ago.

Earnings reached KWD 2.34 million ($7.7 million) in Q3-16, when compared with KWD 1.73 million ($5.7 million) in Q3-15, based on a bourse statement issued on Sunday.

Meanwhile, the Kuwaiti firm posted a fall of 10.2% in profits during the first nine months this year to KWD 5.46 million from KWD 6.08 million in the same period a year ago.

On the stock level, Commercial Facilities reached 162 fils by the end of the first hour of Sunday’s session, after 195,000 shares were exchanged at a value of nearly KWD 31,250.