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Dar Al Thuraya sells KWD 1.98m property

Dar Al Thuraya sells KWD 1.98m property
The transaction generated over $1m profit
THURAYA
THURAYA
5.38% 137.00 7.00

Mubasher: Dar Al Thuraya Real Estate Company has achieved KWD 315,000 (KWD 1.036 million) profit through selling one of its building.

The building was sold in consideration of KWD 1.98 million ($6.51 million), the company said in a bourse statement.

The profit generated from the transaction will be recorded in Dar Al Thuraya’s financial statements as at 30 June.

Last year, the Boursa Kuwait-listed company turned to profit, registering KWD 809,840.