Mubasher: Tamdeen Real Estate posted a decrease of 78.4% in profits to KWD 309,000 ($1.02 million) in the same quarter of 2018 from KWD 1.43 million ($4.71 million) in the same period of 2017.

During the nine-month period 2018, profits declined by 10.5% to KWD 4.96 million from KWD 8.49 million during the same period a year ago, according to a bourse disclosure on Tuesday.