Arkan Al Kuwait posts 5.1pct increase in Q3 profits


(MENAFN) Arkan Al Kuwait Real Estate reached an increase of 5.1 percent profits amid the third quarter ended 31 July this year.

In addition, earnings grew to USD9.69mn in the cited period of the year compared to USD9.22mn in the same quarter of 2016.

Moreover, the increase in Q3 earnings is attributed to higher profit from selling investment properties as well as revenues from leasing deals.

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