Mubasher TV
Contact Us Advertising   العربية

Kuwait Real Estate Q1 profits down 11%

Kuwait Real Estate Q1 profits down 11%
(Photo credit: Company's website)
KRE
KRE`R
0.26% 384.00 1.00

Kuwait – Mubasher: Kuwait Real Estate posted on Monday a year-on-year fall of 11.2% in its profits for the first quarter of fiscal year 2017

Net profit for Q1-17 amounted to KWD 1.66 million ($5.44 million), versus KWD 1.87 million ($6.13 million) for Q1-16, according to a bourse filing.

The stock stood at 56 fils at Monday’s close.