Kuwait – Mubasher: Automated Systems reported a rise of 26.76% in profits to nearly KWD 372,610 ($1.22 million) during the third quarter this year as compared to around KWD 293,950 ($964,430) in the same period a year ago.

During the nine-month period, earnings increased by 68.25% to KWD 1.34 million from nearly KWD 797,040 in the corresponding period a year ago, the company said in a bourse statement.