Monday , October 23 2017

Tag Archives: NREC

NREC posts KD 7.5m net profit in first half – Company earns KD 3.7 million in second quarter

KUWAIT CITY, Aug 14: National Real Estate Company (NREC), a leading regional developer with USD2 billion in projects under development in the UAE, Egypt and other markets, today released its financial results for the first half of 2017. H1 2017 Financial Highlights (YoY) * Operating Revenue: KD9.6 million, down 35.7% …

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NREC Q1 net profit up 9.8 pct to KD 3.6 mln – EBITDA rises 1.9% to KD 4.5 mln in first quarter

KUWAIT CITY, May 14: National Real Estate Company (NREC), a leading regional developer with development projects exceeding $1 billion in Egypt and the UAE, announced first quarter net profits of KD 3.6 million, an increase of 9.8% from the same period last year. The company’s positive outlook for bottom-line growth …

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