Mubasher: Aayan Leasing and Investment on Tuesday announced that it generated KWD 38,000 ($125,082) profit from the sale of a plot of land.

The plot was sold by Aayan’s subsidiary, Tawazun Holding, in consideration of KWD 940,000 ($3.01 million), according to a bourse statement.

The aforementioned profit will be recorded in Tawazun’s financial statements for the third quarter of 2019, Aayan revealed.

Kuwait-listed Aayan Leasing turned to profits during the second quarter of the current year, reporting KWD 367,000 profit.