Kuwait-Mubasher: The financials of Kuwait Resorts (Muntazahat) showed an increase of 24% in earnings of the nine months in 2015.

Muntazahat’s earnings grew to KWD 2.53 million ($8.34 million) in 9M-15, from KWD 2.04 million ($6.72 million) in 9M-14.

The Kuwaiti company said that the rise in profits was due to a growth in investments’ profits as well as a decrease in administrative finance and expenses.