Abu Dhabi – Mubasher: Al Khaleej Investment (KICO) posted a 71.7% year-on-year rise in its profits during the third quarter of 2016, according to a bourse filing.

Net profits reached AED 3.28 million ($892,800) in Q3-16, compared to AED 1.91 million ($519,900) in Q3-15.

In the first nine months of 2016, profits went up 49.8% to AED 14.02 million from AED 9.36 million in the prior-year period.