Kuwait-Mubasher: The financial results of Kuwait Packing Materials Manufacturing showed a growth of 29% in profits for the first nine months of this year.
The company posted KWD 1.7 million ($5.68 million) profits in 9M-15, compared to KWD 1.33 million ($4.39 million) in 9M-14.
Earnings per share increased to 37.08 fils from 28.67 fils.
Net operating profit reached KWD 2.08 million in 9M-15 as compared to KWD 1.5 million in 9M-14, a rise of 38%.
