Profit went down to KWD 4m in 6M
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Mubasher: Kuwait National Cinema registered a 6.2% year-on-year profit increase during the second quarter of 2019, recording KWD 2.22 million ($7.32 million).
Meanwhile, the Boursa Kuwait-listed company’s profit went down by 12.4% to KWD 4.09 million in the first six months of 2019, compared to KWD 4.67 million in the year-ago period, according to a bourse statement released on Tuesday.
Kuwait National Cinema posted a decline of 27.5% in profits during the first quarter of 2019 compared to the same period a year ago, recording KWD 1.87 million.
Source:
Mubasher