Mubasher TV
Contact Us Advertising   العربية

ATC posts KWD 1.2m profit in Q2

ATC posts KWD 1.2m profit in Q2
The firm’s profits rose 25.4% to KWD 3.85 million in H1-18
ATC
ATC
-0.21% 479.00 -1.00

Mubasher: Advanced Technology (ATC) on Wednesday reported a 0.83% year-on-year growth in its profits for the second quarter of 2018.

Net profits amounted to KWD 1.21 million ($4 million) in Q2-18, compared to KWD 1.2 million ($3.96 million) in Q2-17, according to the company’s statement to Boursa Kuwait.

For the first half of 2018, the firm’s profits rose 25.4% to KWD 3.85 million, from KWD 3.07 million in H1-17.

It is noteworthy that the company’s profits witnessed a 41.2% year-on-year jump to KWD 2.64 million.