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FINANCIAL NEWS
Kuwaiti United Poultry generates USD5.1m profit in H1
11 Aug 2015
(MENAFN) Kuwait-based United Poultry Co. stated that its profit has seen a good first half of this year, adding up to an increased shareholder’s total equity compared to last year.
Net profit hit USD5.1 million in 2015’s first half, opposed to almost last year’s same amount. Shareholder’s total equity totaled to USD62.3 million in the period compared to USD59.3 million in 2014.
The firm started its operations in 1947, and it’s involved in breeding, sales, and distribution of different kinds of poultry, it also offer its services in consultancy and management.
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