Mubasher: Osos Holding Group Co achieved an increase of 30.7% in profits during the first quarter of 2019 compared to the same period a year ago.

Earnings grew to about KWD 740,600 ($2.44 million) in Q1-19 from nearly KWD 566,840 ($1.87 million) in Q1-18, according to a bourse disclosure on Tuesday.

Osos noted that the increase in Q1 profits is attributed to a rise of nearly KWD 38,120 in gross operating income.