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Al Salam Group records leap in Q1 profits

Al Salam Group records leap in Q1 profits
Earnings inclined to nearly KWD 332,630 ($1.11 million) in Q1-18
ALSALAM
ALSALAM`R
1.47% 27.70 0.40

Mubasher: Al Salam Group Holding achieved a jump of 2,561% in profits during the first quarter of 2018 compared to the same period in 2017.

Earnings inclined to nearly KWD 332,630 ($1.11 million) in Q1-18 from around KWD 12,500 ($41,530) in Q1-17, according to a bourse statement on Tuesday.

It is noteworthy that Al Salam Group is listed on both Boursa Kuwait and the Dubai Financial Market (DFM).