Mubasher: Inovest on Sunday posted a 24.6% year-on-year increase in profits for the third quarter of 2018.
Net profits amounted to $2.38 million in Q3-18, compared to $1.91 million in Q3-17, according to the company’s statement to Boursa Kuwait.
As for the first nine months of 2018, Inovest’s profits jumped to $13.06 million, from $19.17 million in the same period of the previous year.
It is worth noting that the company, which is listed on both Boursa Kuwait and the Bahrain Bourse (BHB), achieved a profit of $10.7 million for the first half of 2018.
