Al Kout Industrial Q3 profits up 7%

Mubasher: Al Kout Industrial Projects has reported a 7.14% increase in profits during the third quarter (Q3) of the year, according to a statement to Boursa Kuwait on Thursday.

Profits reached KWD 1.43 million ($4.72 million) in Q3-19, compared with KWD 1.33 million ($4.39 million) for the same period in 2018.

In the nine-month period ended 30 September 2019, Al Kout recorded 4.22% decrease in profits to KWD 4.79 million, down from KWD 5 million a year earlier, due to lower sales volumes.


Mubasher Contribution Time: 07-Nov-2019 08:47 (GMT)
Mubasher Last Update Time: 07-Nov-2019 08:47 (GMT)