Mubasher: Aayan Real Estate on Monday said that its profits slid 79.9% in the third quarter of 2017, compared to the year-ago period.

Profits amounted to KWD 124,510 ($412,080) in Q3-17, compared to KWD 620,740 in Q3-16, according to a statement to Boursa Kuwait.

At the level of the first nine months of 2017 profits inched up 0.2% to reach KWD 1.019 million, compared to KWD 1.017 million in the corresponding period in the year earlier.