Mubasher: Kuwait Business Town Real Estate has reported a 21% decrease in profits during the third quarter (Q3) of the year, according to a bourse filing on Monday.

Profits amounted to KWD 724,430 ($2.39) by the end of Q3-19, compared with KWD 917,120 ($3.03 million) for the same period in 2018.

In the nine-month period between January and September, profits grew by 22.8% to KWD 1.88 million, up from KWD 1.53 million in the corresponding period last year.