Mubasher: Arabi Group Holdings achieved a leap of 362% in profits during the first quarter of 2018, compared to the same period in the previous year.
Earnings enlarged to nearly KWD 10,440 ($34,650) in Q1-18 from around KWD 2,260 ($7,500) in Q1-17, according to a bourse statement on Sunday.
The incline in Q1 profits is attributed to higher revenue from sale in addition to income from company’s business.
