Ajial Real Estate Q1 profits decline 4.6%

Mubasher: Ajial Real Estate Entertainment posted a decrease of 4.6% in profits during the first quarter of 2018 compared to the same period in the previous year.

Earnings shrank to KWD 1.04 million ($3.46 million) in Q1-18, from KWD 1.09 million ($3.62 million) in Q1-17, according to a bourse statement on Tuesday.

The decline in Q1 profits is attributed to lower revenue from leasing and services.

Mubasher Contribution Time: 08-May-2018 07:39 (GMT)
Mubasher Last Update Time: 08-May-2018 09:33 (GMT)