Al Enmaa Real Estate posts $11.94m profit in 9M

Kuwait-Mubasher: Al Enmaa Real Estate Company achieved a surge of 55.6% in earnings during the nine months ended 31 July, 2015, according to a bourse filing.

The Kuwaiti company’s profit totaled KWD 3.61 million ($11.94 million) as compared to KWD 2.32 million ($7.67 million) in the nine months ended 31 July, 2014.

Al Enmaa noted that the growth in its earnings is due to an increase in net investment revenues.

Mubasher Contribution Time: 15-Sep-2015 06:07 (GMT)