Mubasher: Commercial Bank of Kuwait (CBK) reported a 25.9% decline in profits in the third quarter (Q3) of 2019, as shown by the company’s financial results on Monday.
Profits totalled KWD 6.82 million ($22.53 million) compared with KWD 9.19 million ($30.36 million) in Q3-18, according to a bourse filing.
On the other hand, profits rose by 9.1% in the January to September period, reaching KWD 16.62 million, compared with KWD 15.23 million in the same period last year.
