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Human Soft posts higher profits in Q1

Human Soft posts higher profits in Q1
Photo Credit: Arabianeye-Reuters
HUMANSOFT
HUMANSOFT`R
4.79% 2,648.00 121.00

Mubasher: Human Soft Holding achieved a profit of KWD 7.14 million ($23.35 million) in the first quarter of 2017 as compared to KWD 6.2 million ($20.28 million) in the same period of 2016; a 15.2% year-on-year increase.

The company’s net operating profit grew by 15.2% to KWD 7.49 million in Q1-17 from KWD 6.5 million in Q1-16, according to a recent bourse statement.

At the stock level, Human Soft closed Thursday’s session at KWD 3.320, after nearly 254,050 shares were exchanged at a value of about KWD 845,540.