Mubasher: Aayan Leasing and Investment incurred losses worth KWD 390,000 ($1.29 million) during the second quarter of 2017 compared to KWD 235,000 ($775,660) in the same period in 2016; a year-on-year increase of 66%.
During the first half of 2017, Aayan Leasing achieved a surge of 544.2% in profits to KWD 4.67 million from about KWD 724,920 in the same half a year ago.
It is noteworthy that the company recorded a jump of 898.3% in profits to KWD 5.06 million during the first quarter of 2017 compared to about KWD 506,860 in the same period a year ago.
At the stock level, Aayan Leasing closed Wednesday’s session 0.66% higher at 45.8 fils.
