The National Real Estate Company, which is currently working on developing projects with a total value exceeding two billion US dollars in the Middle East and North Africa, announced its financial results for the year 2018, as it reached Its operating revenue is KWD 21.6 million, and profits before interest, taxes, depreciation and amortization increased by 22% to reach KWD 25 million.

It is worth noting that the profits of 2018 and 2017 were subject to reclassification according to the IFRS9 standard, and the net profit for the year 2017 was adjusted from 10.6 million dinars. Kuwaiti dinars to 11.9 million Kuwaiti dinars, and operating profit for 2017 from 38.5 million Kuwaiti dinars to 40.4 million Kuwaiti dinars.

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