Mubasher: Commercial Facilities achieved an increase of 20.6% in profits during the first quarter of 2018 compared to the same period in the previous year.

Earnings grew to KWD 2.64 million ($8.77 million) in Q1-18 from KWD 2.19 million ($7.27 million) in Q1-17, according to a bourse statement on Wednesday.

The incline in Q1 profits is attributed to higher operating and investment income.