Kuwait's KAMCO reports positive results in H1


(MENAFN) Kuwait's KAMCO Investment Company K.S.C., a leading investment company, announced logging a net profit of USD477.99 thousands in the January-June period of 2015.

In terms of operations, the firm maintained assets under management at USD11.5 billion, while its fee income stood at USD7.94 million in the period, up 2 percent from USD7.81 million a year ago.

"Equity markets, international as well as regional, remained volatile in the first half of 2015 due to Greece's debt crisis and the troubled geo-political environment in the region," CEO of KAMCO said.


MENAFN

Legal Disclaimer:
MENAFN provides the information “as is” without warranty of any kind. We do not accept any responsibility or liability for the accuracy, content, images, videos, licenses, completeness, legality, or reliability of the information contained in this article. If you have any complaints or copyright issues related to this article, kindly contact the provider above.