Al Mazaya net profit grows to KD3.2m

Abu Dhabi: Al Mazaya Holding, the Kuwait-based property company, reported a profit of 3.2 million Kuwaiti dinars for the first half of 2014 – an increase over the 713,586 Kuwaiti dinars of H1 2013.

Meanwhile, the revenue for the period was 9.1 million dinars — a decline from the 13.6 million dinars of H1 2013.

Total assets for the first half of the year stood at 226.7 million dinars — a slight increase from the 220.5 million dinars of H1 2013.