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Al Mowasat profits mount in Q1

Al Mowasat profits mount in Q1
Photo Credit: Al Mowasat's website
MHC
MHC`R
-17.00% 400.00 -80.00

Kuwait-Mubasher: Al Mowasat Health Care reported a 57.8% rise year-on-year in its quarterly profits, according to a bourse statement.

Profits reached KWD 1.37 million ($4.54 million) in the first quarter of 2016, compared to KWD 868,320 ($2.88 million) in the same quarter of 2015.

Lower operating and financing expenses triggered the rise in profits.