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Amwal International Q2 financials turn profitable

Amwal International Q2 financials turn profitable
The growth in H1 profits is attributed to higher income from an associate
Amwal
AMWAL`R
9.20% 17.80 1.50

Mubasher: Amwal International Investment achieved a profit of KWD 86,000 ($284,300) during the second quarter of 2018 against losses worth about KWD 36,700 ($121,300) in the same quarter of 2017.

During the first half of 2018, Amwal International recorded a leap in profits to approximately KWD 260,340 compared to KWD 144 in the same half last year.

The growth in H1 profits is attributed to higher income from an associate in addition to an increase in dividends.