Mubasher:  United Real Estate (URC) turned to profit during the second quarter of 2019, recording KWD 1.63 million ($5.37 million).

The company achieved a KWD 2.42 million profit in the first six months of 2019, according to a bourse statement released on Wednesday.

URC reported a 2.15% year-on-year profit rise during the first quarter of 2019, recording KWD 780,940 ($2.57 million).