The Decline in Rental Revenues creates a drop in “AQAR” Profits by 16.3% in the First Half.
The Decline in Rental
The financial data of “AQAR for Real Estate Investments” Company showed a decline in the company's profits in the first half of this year by 16.3% on an annual basis. According to the company's results in the Kuwaiti Stock Exchange today, Sunday, the profits for this period amounted to 524.23 thousand dinars (1.72 million dollars), compared to 625.97 thousand dinars (2.05 million dollars) profits for the same period of 2019.
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