EGYPT-KUWAIT COMPANY REAPS $69 MILLION

KUWAIT, For its part, Alargan International Real-Estate Company said, it posted KD 5.07 million (USD 16.5 million) worth of profits, in the past nine months, in contrast to KD 1.1 million (USD 3.5 million) in the 2016 corresponding period.

Earnings per share stood at 19.90 fils against 4.54 fils, rising by 338.33 percent.

Alargan company was established in 2002. It was enlisted at the Bourse in 2007, with a capital amounting to KD 26.5 million (USD 86.6 million).

It deals in property trades, manages properties, provides studies and consultations

Source: NAM NEWS NETWORK