|04 March, 2019

Kuwait's Aayan Leasing’s unit sells $13.167mln property

The financial impact of selling the facility will generate a profit of KWD 213,000

Mubasher:Aayan Leasing and Investment on Monday announced that its wholly-owned subsidiary Tawazun Holding sold a property at a value of KWD 4.08 million in Ardiya Herafi region.

The financial impact of selling the facility will generate a profit of KWD 213,000, according to a statement to Boursa Kuwait.

Aayan Leasing and Investment last reported turning profitable during the full-year 2018 after logging KWD 3.02 million, against a loss of KWD 850,000 in 2017.

Source: Mubasher

All Rights Reserved - Mubasher Info © 2005 - 2019 Provided by SyndiGate Media Inc. (Syndigate.info).

Disclaimer: The content of this article is syndicated or provided to this website from an external third party provider. We are not responsible for, and do not control, such external websites, entities, applications or media publishers. The body of the text is provided on an “as is” and “as available” basis and has not been edited in any way. Neither we nor our affiliates guarantee the accuracy of or endorse the views or opinions expressed in this article. Read our full disclaimer policy here.

More From Markets