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Oula Fuel H1 profits up 2%

Oula Fuel H1 profits up 2%
Earnings grew to KWD 2.9 million in H1-18
OULAFUEL
OULAFUEL`R
-0.99% 502.00 -5.00

Mubasher: Oula Fuel Marketing announced that its income statements showed a slight increase of 1.7% in profits during the first six months of 2018 compared to the same period last year.

Earnings grew to KWD 2.9 million in H1-18 from KWD 2.85 million in H1-17, according to a bourse statement on Wednesday.

Oula Fuel clarified that no effective change has been registered in H1 financials, as the change in gross profits was in line with the increase in expenses.