First quarter net profit at Kuwait Projects Co (KIPCO), the Gulf Arab state's biggest investment firm, jumped to 8.1 million dinars ($29.2 million), a company statement said on Sunday.
KIPCO's quarterly net profit surged 300 percent, the statement said, from 2 million dinars in the prior-year period.
Net operating profit rose 22 percent to 18.2 million dinars, the statement said.
No comments:
Post a Comment