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Sultan Center posts higher profits in Q1

Sultan Center posts higher profits in Q1
Earnings grew to nearly KWD 930,520 ($3.09 million) in Q1-18
SULTAN
SULTAN`R
-4.90% 97.00 -5.00

Mubasher: Sultan Center Food registered a jump of 405.5% in profits during to the first quarter of 2018 compared to the same period in the prior fiscal year.

Earnings grew to nearly KWD 930,520 ($3.09 million) in Q1-18 from around KWD 184,080 ($611,580) in Q1-17, according to a bourse statement on Tuesday.

The increase in Q1 profits is attributed to higher operating income.