Mubasher: Oula Fuel Marketing achieved a growth of 1.4% in profits during the first quarter of 2018 compared to the same period in the previous year.

Earnings increased to KWD 1.47 million ($4.88 million) in Q1-18 from KWD 1.45 million ($4.81 million) in Q1-17, according to a bourse statement on Thursday.

The growth in Q1 profits is attributed to a change in gross income in line with an increase in expenses, the Kuwait-based firm noted.