Injazzat Real Estate H1 profits down to KWD 2m

Mubasher: Injazzat Real Estate Development recorded a surge of 111.4% in profits during the second quarter of 2018 compared to the same period in the prior year.

Earnings grew to KWD 1.08 million ($3.57 million) in Q2-18 from KWD 511,000 ($1.69 million) in Q2-17, according to a bourse statement on Wednesday.

During the first half of 2018, Injazzat Real Estate registered a decline of 24.1% in profits to KWD 2.17 million compared to KWD 2.86 million in H1-17.

Mubasher Contribution Time: 01-Aug-2018 14:13 (GMT)
Mubasher Last Update Time: 01-Aug-2018 14:13 (GMT)