Kuwait - Mubasher: Educational Holding Group reported a decline in profits by 13% year-on-year in the third quarter ended 31 May 2017.

The company said in a statement to Boursa Kuwait on Sunday that during that period profits totalled KWD 1.14 million ($3.76 million) compared to KWD 1.31 million ($4.32 million) in the corresponding quarter of the year before.

As for the nine-month period that ended by the end of May, profits grew 22% and reached KWD 4.32 million compared to KWD 3.54 million in the same period last year.