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Unicap profits rise 183% in Q3

Unicap profits rise 183% in Q3
Profits totalled KWD 250,000 in the third quarter of 2017
UNICAP
UNICAP`R
-2.68% 290.00 -8.00

Mubasher: The financial statements of Unicap Investment and Finance showed an increase in profits for the third quarter of 2017 by 182.9% year-on-year, according to a bourse filing.

Profits totalled KWD 250,000 in Q3-17, compared to KWD 88,370 in Q3-16, the company said in a statement to Boursa Kuwait on Monday.

As for the nine months of the year, profits grew by 48% to KWD 1.29 million up from KWD 871,560 for the same period last year.