Kuwait – Mubasher: Dalqan Real Estate reported a growth of 4.82% in profits during the third quarter this year as compared to the same period a year ago.
Earnings stood at about KWD 53,950 ($177,940) in Q3-16, compared with nearly KWD 51,500 ($169,800) in Q3-15, according to a bourse statement issued on Wednesday.
During the first nine months of 2016, profits increased by 2.5% to approximately KWD 171,220 from nearly KWD 167,110 in the same period last year.
Operating revenue gained 11% to reach about KWD 71,200 in the nine-month period this year from around KWD 67,040 in the same period of 2015.
