Kuwait – Mubasher: Commercial Facilities Company achieved a growth of 35.2% in profits during the first quarter of 2017 as compared to the same period of 2016.

Earnings increased to KWD 2.19 million ($7.18 million) in Q1-17 from KWD 1.62 million ($5.31 million) in Q1-16, according to a bourse statement issued on Tuesday.

The growth in Q1 profits was attributed to higher yield from investment.