Asiya Capital Q1 profits surge 706%

Asiya Capital Investments Co recorded a leap of 706.2% in profits during the first quarter of 2018 compared to the same period in the previous year.

Earnings increased to KWD 2.05 million ($6.81 million) in Q1-18 from about KWD 254,290 ($844,850) in Q1-17, according to a bourse statement on Tuesday.

The rise in Q1 profits is attributed to an incline in capital markets.