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Al Mazaya Q1 profit jumps 256%
- Kuwait: Wednesday, April 30 - 2008 at 11:07
Kuwait-based property developer Al Mazaya Holding has announced that it posted a record net profit of $47.74m in the first quarter of 2008, a 256% increase from the $12.37m achieved during the corresponding period one year ago. Earnings per share jumped to 12.79 cents, compared to 3.43 cents during the first quarter of 2007.
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Jeff Florian, Senior ReporterWednesday, April 30 - 2008 at 11:07 UAE local time (GMT+4)
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