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Markaz turns profitable in Q1

Markaz turns profitable in Q1
Photo Credit: Arabianeye-Reuters
MARKAZ
MARKAZ`R
-2.65% 147.00 -4.00

Kuwait – Mubasher: Kuwait Financial Centre (Markaz) achieved profits worth KWD 2.2 million ($7.18 million) in the first quarter of 2017, against a loss of about KWD 683,000 ($2.23 million) in the same period of 2016.

Markaz recorded operating profits of KWD 2.24 million in Q1-17, versus operating losses of KWD 1.03 million in Q1-16, according to a bourse statement issued on Sunday.

At the stock level, Markaz on Sunday reached 99 fils by 9:25 am Kuwait time.