Soor Fuel Marketing Q1 profits up 1.7%

Kuwait – Mubasher: Soor Fuel Marketing posted a growth of 1.7% in profits to KWD 1.22 million ($3.98 million) in the first quarter of 2017 from KWD 1.2 million ($3.92 million) in the same period of 2016.

The increase in Q1 earnings resulted from higher operating profits of KWD 36.97 million, compared to KWD 25.62 million in Q1-16; a year-on-year rise of 44.3%, according to a bourse statement issued on Sunday.

Mubasher Contribution Time: 14-May-2017 13:43 (GMT)
Mubasher Last Update Time: 14-May-2017 13:48 (GMT)