Tuesday, Oct 09, 2012
BEIRUT (Zawya Dow Jones)--Kuwait's Commercial Real Estate Co. (ALTIJARIA.KW), or Al Tijaria, Tuesday said it has realized a profit of 3.87 million Kuwaiti dinars ($13.79 million) on the sale of a plot of land it owned in the country's Mahboula area.
The profit will be included in the financial results for the fourth quarter of 2012, the shariah-compliant property developer said in a statement posted on the Kuwait bourse website.
Al Tijaria shares are trading +1.3% at KWD0.07 Tuesday in a negative market.
Write to Shikrallah Nakhoul at shikrallah@zawya.com
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(END) Dow Jones Newswires
09-10-12 0856GMT
