Profits of Kuwaiti real estate down

Published March 6th, 2005 - 08:02 GMT
Al Bawaba
Al Bawaba

The net profit of Kuwaiti Markaz Real Estate Fund dropped to $12.6 million last year from $14.3 million in 2003. Earnings per unit went down to $0.528 in 2004 from $0.593 in the previous year.