A previous OGM of Gulf Cable
CABLE
CABLE`R
-3.50%
2,069.00
-75.00
CABLE`R
Mubasher: Gulf Cable and Electrical Industries reported a surge of 189.4% in profits during the first three months of 2019 compared to the same quarter a year ago.
Profits enlarged to KWD 3.82 million ($9.56 million) in Q1-19 from KWD 1.32 million ($8.7 million) in Q1-18.
The increase in Q1 profits is credited to higher investment income.
Source:
Mubasher