Mubasher: Noor Financial Investment announced that it has received KWD 1.83 million ($6.11 million) from its investment in India.
Noor noted that India Infrastructure Fund, in which Noor and its subsidiaries own an equity, has distributed the result of exiting a business, according to a bourse statement on Tuesday.
The financial impact of this exit will reflect on Noor’s income statements for the first quarter of 2018 with a profit of KWD 870,000.
At the stock level, Noor closed Tuesday’s session 4% higher at 46.8 fils.
