Kuwait – Mubasher: Boubyan International Industries Holding achieved a profit of nearly KWD 486,600 ($1.6 million) during the third quarter ended 30 April, against a loss of around KWD 114,470 ($376,500) in the same quarter a year ago.

During the nine months ended 30 April, Boubyan reported profits worth approximately KWD 273,630, versus losses of around KWD 164,750, according to a bourse filing issued on Wednesday.

At the stock level, Boubyan International closed Wednesday’s session 1.67% higher at 42.7 fils.