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Mubasher: Kuwait National Cinema achieved a growth of 26.17% in profits during the first quarter of 2017 compared to the same period in 2016.
The company’s earnings increased to KWD 3.23 million ($10.59 million) in Q1-17 from KWD 2.56 million ($8.39 million) in Q1-16, according to a bourse statement issued on Wednesday.
National Cinema’s net operating profit soared by 61.3% to KWD 1.3 million in Q1-17 from nearly KWD 797,500 inn Q1-16.
Source:
Mubasher