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Kuwait Investment’s profit registers $36.2m in H1

Kuwait Investment’s profit registers $36.2m in H1
Operating profit grew by 37% in 6M
KINV
KINV
-0.56% 177.00 -1.00

Mubasher: Kuwait Investment reported a 70% year-on-year profit increase during the first six months of 2019, recording KWD 11 million ($36.17 million).

Earnings per share (EPS) reached 20 fils in H1-19, according to a company statement released on Tuesday.

Operating profit grew by 37% year-on-year to KWD 21 million in the six-month period ended 30 June 2019.

The Kuwait-listed company reported a 98% profit hike during the first quarter of 2019, recording KWD 7.5 million.