- Company News
An associate of Injazat Real Estate Development Company sold a number of residential units in its residential tower located in the Kingdom of Bahrain resulting in a profit of BD 2.6 million. The company's share of the company's achievements amounted to BD 1.3 million (KD 1,060 million) Kuwaiti).
Injazzat Real Estate Development Company achieved profits in the second quarter of 2018 amounting to 2.170 million dinars with a profit per share of 6.45 fils. Compared to profits of 2.861 million dinars profit per share 8.49 fils achieved by the company in the second quarter 2017.
Injazzat Real Estate Development Company announces that one of its 50% owned subsidiary has sold a residential complex in Bahrain at a price of BD10 million (KD 8,048,000). A loss from this transaction resulted in KD 108,500 thousand, which will be reflected in the results of the second quarter financial statements As of June 30, 2018 of the company.