By: Mohamed Farouk

Mubasher: Al Imtiaz Investment Group is forecast to achieve a surge of 79% in profits during the first half of 2019 compared to the same six months last year, Ahmed Jassim Al Qamr told Mubasher.

Earnings of Al Imtiaz are expected to reach KWD 22 million in H1-19 when compared to KWD 12.3 million in H1-18, the analyst added.

It is noteworthy that the Boursa Kuwait-listed company posted a decline of 82.9% in profits to KWD 1 million during the first quarter of 2019 compared to KWD 5.85 million in Q1-18.