National Industries Reports First-Quarter Profit of $16 Million After Loss

National Industries Group, the largest industrial investment company in Kuwait, reported a first- quarter profit of 4.7 million dinars ($16 million).

The company had a loss of 36.6 million dinars in the year- earlier period, National Industries said in a statement posted in the Dubai bourse website today.

To contact the reporter on this story: Fiona MacDonald in Kuwait at fmacdonald4@bloomberg.net

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