The rise in Q1 profits is attributed to lower operating expenses
SPEC
SPEC`R
SPEC`R
Mubasher: Specialities Group Holding registered an increase of 5.2% in profits during the first quarter of 2019 compared to the first three months last year.
Profits rose to about KWD 237,440 ($783,150) in Q1-19 from nearly KWD 225,750 ($744,600) in Q1-18 due to lower operating expenses and provisions, Specialities Group said in a bourse filing on Sunday.
Source:
Mubasher
