Mubasher: Human Soft Holding achieved a growth of 11.4% in net profits during the first quarter of 2019 compared to the same period a year ago.
Earnings increased to KWD 8.72 million ($28.7 million) in Q1-19 from KWD 7.38 million ($25.8 million) in Q1-18, according to a bourse disclosure on Monday.
The increase in Q1 net profits is attributed to higher revenues from Human Soft’s growing business.
It is noteworthy that during fiscal year 2018, Human Soft posted a 12.1% rise in profits to KWD 31.49 million from KWD 28.1 million in FY17.
