Boursa Kuwait posts $18.3mln net profit for H1

Boursa Kuwait posts $18.3mln net profit for H1

Boursa Kuwait saw a net profit of KD5.63 million ($18.3 million)for the six month period ended 30 June 2020, an increase of 46.5% compared to the same period in 2019, when the company recorded a profit of KD3.85 million.The company generated 28.05 fils earnings per share, which is an increase of 46.5% compared to its total of 19.15 fils over the same period in 2019, while the company's total assets came in at approximately KD41.7 million, which is a 22.4% increase versus its2019 total for the same period of KD34.1 million.Total operating expenses were KD3.12 million, a decrease of 27.7% over the same period's 2019 total of KD4.31 million, while total operating revenue came in at KD6.77 million, a marginal contraction of 4.6% over the same period in 2019, when