| 07 November, 2019

Kuwait National Cinema Q3 profits up 30%

Profits totalled $10.17mln in the third quarter of 2019

Image used for illustrative purpose.
Empty Seats In Auditorium.

Image used for illustrative purpose. Empty Seats In Auditorium.

Gettyimages

Kuwait National Cinema reported a 30% year-on-year (YoY) rise in profits during the third quarter (Q3) of the year, according to the company’s financial statements.

Profits totalled KWD 3.08 million ($10.17 million) in Q3-19, compared with KWD 2.37 million ($7.83 million) in the same period a year ago.

As for the nine-month period ended 30 September 2019, profits grew by 1.8% to KWD 7.166 million, compared to about KWD 7.040 million in the same period in 2018.

Source: Mubasher

All Rights Reserved - Mubasher Info © 2005 - 2019 Provided by SyndiGate Media Inc. (Syndigate.info).

Disclaimer: The content of this article is syndicated or provided to this website from an external third party provider. We are not responsible for, and do not control, such external websites, entities, applications or media publishers. The body of the text is provided on an “as is” and “as available” basis and has not been edited in any way. Neither we nor our affiliates guarantee the accuracy of or endorse the views or opinions expressed in this article. Read our full disclaimer policy here.

More From Equities