Mubasher: First Investment achieved a positive turn in the financial results of the first quarter of 2019 when compared to the same free months last year.
Profits totalled KWD 1.56 million ($5.14 million) in Q1-19 against losses of nearly KWD 208,840 ($688,380) in Q1-18, according to a bourse disclosure on Thursday.
First Investment clarified that the positive performance in Q1 results is ascribed to a growth of nearly KWD 249,350 in the results of an associate as well as an increase of KWD 1.79 million in other revenues from winning a legal case.
