Mubasher: Ithmaar Holding achieved a profit of $514,000 during the third quarter of 2018 against losses of nearly KWD 14.66 million in the corresponding period last year.

During the first nine months of 2018, Ithmaar recorded earnings valued at $11.34 million versus a loss of KWD 16.25 million in the same period a year ago, according to a bourse disclosure on Wednesday.

Revenues increased by 10.6% to $334.52 million from January to September 2018 compared to $302.34 million in the same period a year ago.

It is noteworthy that Ithmaar is listed on Boursa Kuwait, Bahrain Bourse (BHB), and the Dubai Financial Market (DFM).