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Board of Directors' meeting to discuss the results of the second quarter

Al-Enmaa Real Estate Company achieved a net profit of 374.37 thousand dinars with a profit of 0.83 fils per share in the first half of this year ending 30 April 2017 compared to a net profit of 423,027 thousand dinars with a profit of 0.94 fils in the same period of the comparative year.
 
The financial statements of Al-Enma Real Estate Company, listed on the Kuwait Stock Exchange, showed a decline of 11% in profits for the first half compared to the same period of 2016.
 
The company attributed the decline in profits to losses of net investment income.
 
It is worth mentioning that the profits of the company rose by 25.5% in the first quarter ended 31 January 2017 to reach 175.83 thousand dinars, against a profit of 140.13 thousand dinars for the same period of 2016.
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