Kuwait – Mubasher: Al Mazaya Holding, dual listed on both KSE and DFM, reported an increase of 2.5% in net profits for the third quarter of 2016.
The company posted net profits of KWD2.7 million ($9 million) for Q3-2016, up from KWD2.64 million (8.7 million) for the same period a year earlier.
As for the first nine months of 2016, the company reported net profits of KWD 6.84 million up by 1.62% from KWD 6.73 million for the same period of the previous year.
Earlier, the company registered net profits of KWD 2.28 million for the second quarter of 2016 with an increase of 4.2% from KWD 2.38 million a year earlier.