Al Mazaya profits boosted by real estate deal

Published November 14th, 2005 - 08:33 GMT
Al Bawaba
Al Bawaba

The Kuwait Stock Exchange on Sunday announced that Al Mazaya Holding Company Board of Directors held a meeting Saturday and approved the financial statements of the periods ending 30-09-2005. The company realized profit of one million Kuwaiti Dinar (KD) after selling real estate in Al-Jumeirah, Dubai, for KD 4.5 million.
 
It should be recalled that the company was listed in KSE on 02-05-2005.