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Kuwait Real-Estate Co. Earns KD 2.86 million

Source: www.export-egypt.com 11/15/2015, Location: Middle East

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Kuwait Real-Estate Company earned KD 2.86 million, 3.16 fils per share, in the first nine months of 2015, as compared to KD 3.79 million, 4.19 fils per stock, same period of the past year.

The company said in a statement on Sunday that shareholders' equity reached some KD 123.6 million in the year's first nine months, in contrast to KD 118.3 million the same period in 2014.

Total assets amounted to approximately KD 231.8 million, liabilities KD 108. 2 million, in the 2015 first nine months, compared to KD 95.8 million the same period the past year.

The company, also known as Akarat el-Kuwait, was established in 1984, with a paid-up capital of KD 90.6 million. It deals in various businesses, namely properties and investment portfolios.

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