Boursa Kuwait records net profit rise, as trading volumes grow
Boursa Kuwait, has reported a 59.81% year-on-year rise in net profit for the first nine months of the year.
Boursa Kuwait, which operates the Kuwait Stock Exchange, reported $75 million (23.05 million Kuwaiti dinars) in net profit from January through the end of September, compared to $46.94 (14.43 million Kuwaiti dinars) from a prior-year period.
Operating revenues rose 41.45% year-on-year to $120.5 million (37.06 million Kuwaiti dinars) between Q1-Q3, up from $85.2 million (26.20 million Kuwaiti dinars).
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