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FINANCIAL NEWS
Kuwait’s Mezzan profit down 66.4 percent in Q2
03 Aug 2015
(MENAFN) Kuwait based Mezzan net profit in the second quarter recorded USD24.1, increases by 66.4 percent from the same quarter in the previous year.
Mezzan revenue in the first half rose by 12.8 percent to USD345.1 million compared to the same half year ago, while net profit decreased by USD42.2 million.
“We are pleased to report an increase of 10.1 percent in underlying profits and an increase of 14.8 percent in underlying profit for the first half of the year,” CEO said.
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