Abu Dhabi-Mubasher: Al Khaleej Investment (KICO) saw a 52.6% growth year-on-year in its profits for the second quarter of 2016, according to a bourse statement.
Profits reached AED 6.64 million ($1.8 million) in Q2-16, compared to AED 4.35 million ($1.2 million) in Q2-15.
Rental income rose 18.4% to AED 6.96 million in Q2-16, compared to AED 1.43 million in Q2-15.
In the first half of 2016, profits stood declined 44.3% to AED 10.74 million from AED 7.44 million in the prior-year period.
