Mubasher TV
Contact Us Advertising   العربية

KCPC’s profits leap 355% in Q1

KCPC’s profits leap 355% in Q1
Earnings enlarged to KWD 1.34 million ($4.45 million) in Q1-18
KCPC
KCPC`R
0.00% 355.00 0.00

Mubasher: Kuwait Company for Process Plant Construction and Contracting (KCPC) achieved a surge of 354.7% in profits during the first quarter of 2018 compared to the same period in the previous year.

Earnings enlarged to KWD 1.34 million ($4.45 million) in Q1-18 from approximately KWD 294,680 ($978,830) in Q1-17, according to a bourse filing on Monday.

KCPC clarified that the jump in Q1 profits is attributed to a growth in operating earnings.