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Al Kout Industrial Q1 profits grow 19%

Al Kout Industrial Q1 profits grow 19%
Earnings grew to KWD 2.1 million ($7 million) in Q1-18
ALKOUT
ALKOUT`R
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Mubasher: Al Kout Industrial Projects achieved an increase of 19.3% in profits during the first quarter of 2018 compared to the same period in the prior year.

Earnings grew to KWD 2.1 million ($7 million) in Q1-18 from KWD 1.76 million ($5.5 million) in Q1-17, according to a bourse statement on Wednesday.

The rise in Q1 profits is attributed to higher sales and operating income.