Mubasher: Kuwait-based Educational Holding Group has turned to profit during the first nine months of the fiscal year 2018/2019.
The company’s profit reached KWD 6.05 million ($20 million), according to a bourse statement released on Thursday.
Educational Holding ascribed its results to the creation of assets devaluation provision.
In April, the company reported turning a profit in the six-month period ended in February, compared to the year-ago period.
