Kuwait – Mubasher: Al Kout Industrial Projects achieved a rise of 10.7% in profits during the first quarter of 2017.

The earnings increased to KWD 1.76 million ($5.78 million) in Q1-17 from KWD 1.59 million ($5.22 million) in Q1-16, according to a bourse statement issued on Monday.

The operating profit in the first three months this year grew by 33% to KWD 2.38 million from KWD 1.79 million in Q1-16.