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Mubasher: National Investments Co has received KWD 59,000 ($197,200) as a final installment from exiting a property portfolio in the US.
Exiting this portfolio has resulted in achieving a net profit worth KWD 41,000 ($137,000) which will be registered in the income statement of the first quarter of 2017, according to a bourse statement on Wednesday.
In March 2018, National Investments said it has received KWD 8.15 million as a first installment in this exit deal.
Source:
Mubasher