Kuwait Projects Company (KIPCO), the country's largest investment company, said it was positive about its outlook for the latter half of 2012 after reporting a 0.9-percent increase in second-quarter net profit on Sunday.
Net profit in the three months to June 30 rose to 8.58 million dinars ($30.42 million), a bourse statement said, compared to 8.50 million dinars in the same period last year.
KIPCO said its financial services business was showing improvements while its real estate and media sectors were also meeting the company's expectations for 2012.
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