Mubasher: Aayan Leasing and Investment announced on Monday that its 100% owned subsidiary sold a property in Abu Fatira for KWD 1.15 million ($3.80 million).
The Kuwaiti company achieved net profits of KWD 102,000 from the property sale, which will be showed in the results of the first quarter of 2019, Aayan Leasing said in a statement to Boursa Kuwait.
Aayan Leasing reported a decline of 82.3% in profits to KWD 1.22 million during the first nine months of 2018, compared to KWD 6.9 million in the corresponding period in 2017.
By 9:20 am Kuwaiti time, Aayan Leasing and Investment’s stock, up 3.05% at 40.6 fils, topped Boursa Kuwait with a trading volume of 8.4 million shares and a turnover of KWD 338,000.
