Kuwait Portland Cement sees 3Q net profit at US$17.4m

Kuwait Portland Cement sees 3Q net profit at US$17.4m
Published: 17 September 2010

Cement trader Kuwait Portland Cement expects a net profit of KWD 5m (US$17.4m) for the third quarter of 2010, local Al Watan daily reported citing sources close to the company.

The earnings per share (EPS) are projected to reach 62 fils.

Last month, the company said it booked a net profit of KWD 11.1m for the first half of 2010, up from KWD10.1m a year ago.