Mabanee posts 0.35% YoY profit hike in Q3-19

Mubasher: Mabanee Co. has reported a 0.35% year-on-year profit increase during the third quarter of the fiscal year 2019.

The company’s profit went up to KWD 14.51 million ($47.9 million) in Q3-19, compared to KWD 14.46 million ($47.7 million) in the year-ago period, according to a bourse statement released on Thursday.

In the first nine months of 2019, Mabanee’s profit rose to KWD 42.31 million, from KWD 39.23 million in the comparative period in 2018.

Mubasher Contribution Time: 31-Oct-2019 13:40 (GMT)
Mubasher Last Update Time: 31-Oct-2019 13:41 (GMT)