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FINANCIAL NEWS
Kuwait’s KAMCO reports positive results in H1
10 Aug 2015
(MENAFN) Kuwait’s KAMCO Investment Company K.S.C., a leading investment company, announced logging a net profit of USD477.99 thousands in the January-June period of 2015.
In terms of operations, the firm maintained assets under management at USD11.5 billion, while its fee income stood at USD7.94 million in the period, up 2 percent from USD7.81 million a year ago.
“Equity markets, international as well as regional, remained volatile in the first half of 2015 due to Greece’s debt crisis and the troubled geo-political environment in the region,” CEO of KAMCO said.
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