Press Release: Alafco announces net profit of KD28.8m for the first nine months
Alafco announced a net profit of KD28.8m for the first nine months of its current fiscal year that commenced on 1 October 2010, a four folds increase as compared to KD7.8m for the same period last year. The profit per share also rose almost four times to Fils 36.98 versus Fils 9.95 in the previous period. Gross revenues during this period increased 36% to KD39.1m against KD28.8m earned during the previous year. The Company's assets jumped 15% to KD552.7m, and the shareholders equity ...
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