Mubasher TV
Contact Us Advertising   العربية

Al Midan reports 15% YoY lower profit in Q2-19/20

Al Midan reports 15% YoY lower profit in Q2-19/20
Net profit grew 5% YoY in 6M
MIDAN
MIDAN
6.20% 394.00 23.00

MubasherAl Maidan Dental Clinic (MIDAN) has posted a 15% year-on-year profit decline during the second quarter of the fiscal year 2019/2020.

The company’s profit declined to KWD 1.3 million in Q2-19/20, compared to KWD 1.5 million in the year-ago period, according to a bourse statement.

In the first half of FY19/20, MIDAN’s net profit grew 5% to KWD 3.45 million, from KWD 3.29 million a year earlier.