Mubasher: Al Enmaa Real Estate achieved a surge of 482.8% in profits during the first quarter ended on 31 January 2019 compared to the corresponding period last year.

Earnings grew to nearly KWD 967,820 ($3.19 million) in Q1 ended on 31 January this year from about KWD 166,070 ($547,190) in the same period a year ago, according to a bourse statement on Monday.

The jump in Q1 profits is attributed to higher operating business by Al Enmaa.