FINANCIAL NEWS

Kuwait’s Al-Arjan net profit soars 636 percent in Jan-Sep

16 Nov 2015

(MENAFN) Kuwaiti Al-Arjan International Real Estate Company posted a solid USD79.6 million in gross profit throughout the nine months to September, based on recent reports.

The top developer firm has indeed witnessed a whopping growth recording an income which skyrocketed by 157.42 percent, let alone a 636 percent jump for net profit.

Moreover, the most noticeable strategy which proved to be very successful for Al-Arjan is securing studied and solid partnerships with both regional and foreign top firms.

Furthermore, as stressed on many occasions by its Vice-Chairman and CEO, the company is deeply committed to creating long-term relationship with its clients and tenants.

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