Munshaat Real Estate shifts to profit in Q3-19

Mubasher: Munshaat Real Estate Projects Co. has turned to profitability in the third quarter of the fiscal year 2019.

The company recorded a net profit of KWD 1.31 million ($4.33 million) in Q3-19, according to a bourse statement released on Thursday.

In the first nine months of 2019, Munshaat turned to profit, registering a net profit of KWD 4,330.

It is worth highlighting that Munshaat recorded a net profit of KWD 145,000 during the second quarter of 2019.

Mubasher Contribution Time: 07-Nov-2019 18:16 (GMT)
Mubasher Last Update Time: 07-Nov-2019 18:16 (GMT)