trending Market Intelligence /marketintelligence/en/news-insights/trending/hd6-Y0U5PWMRMqoXn9quPA2 content esgSubNav
In This List

Future Kid Entertainment & Real Estate Q3 profit climbs YOY

Podcast

Next in Tech | Episode 66: Connected vehicles in transition

Blog

Gold - Geopolitical tensions and inflation remain key drivers

Blog

Lithium and Cobalt - Softer demand weighs on prices

Podcast

Street Talk | Episode 94: Recessionary fears in ’22 overblown, Fed could overtighten


Future Kid Entertainment & Real Estate Q3 profit climbs YOY

Future Kid Entertainment & Real Estate Co. KSCP said its third-quarter normalized net income came to 416,010 dinars, a rise from 191,670 dinars in the year-earlier period.

Normalized net income excludes unusual gains or losses on a pre- and after-tax basis.

The normalized profit margin increased to 17.3% from 10.1% in the year-earlier period.

Total revenue climbed 25.8% on an annual basis to 2.4 million dinars from 1.9 million dinars, and total operating expenses rose 6.8% on an annual basis to 1.8 million dinars from 1.7 million dinars.

Reported net income increased from the prior-year period to 675,970 dinars, or 1 fils per share, from 313,340 dinars, or 0 fils per share.

As of Nov. 19, US$1 was equivalent to 30 Kuwaiti fils.