Egypt Kuwait Holding profits grow in Q1


(MENAFN) Egypt Kuwait Holding (EK Holding), recorded a 24.8 percent year on year increase in its profits amid the second quarter of this year.

Moreover, profits reached USD13.71mn in the cited period of the year, compared to USD10.98mn in the same period of 2016.

In addition, in the Jan-June period of the year, profits increased 10.8 percent to KWD10.78mn from KWD9.73mn in the prior-year period.

Meanwhile, the firm's positive results are attributed to an increase in whole profits and interest revenues.

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