Mubasher: Oula Fuel Marketing Company (Oula Fuel) reported a 2.5% year-on-year profit increase during the second quarter of 2019.
Net profits stood at KWD 1.46 million ($4.82 million) in Q2-19, compared to KWD 1.43 million ($4.71 million) in Q2-18, according to the company’s filing to Boursa Kuwait on Sunday.
For the first six months of 2019, net profits inched up 1.4% to KWD 2.94 million, from KWD 2.9 million in H1-18.
It is worth noting that the company posted a 0.27% year-on-year rise in profits in Q1-19, recording KWD 1.47 million.
