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Jiyad Q3 profits double 61 times

Jiyad Q3 profits double 61 times
Jiyad posted a profit of KWD 1.029 million in 9M
JIYAD
JIYAD
2.00% 15.30 0.30

Mubasher: Jiyad Holding Co recorded a 61-time jump in profits during the third quarter of 2018 compared to the same period last year.

Earnings enlarged to approximately KWD 127,200 ($418,900) in Q3-18 from nearly KWD 2,020 ($6,600) in Q3-17, according to a bourse filing on Tuesday.

During the nine-month period in 2018, Jiyad posted a profit of KWD 1.029 million compared to about KWD 3,650 in the same period a year ago.