Kamco Invest reports net profit of KWD3.8mn for the first 9 months of 2022
Total revenue reached KWD17.0mn (9M 2021: KWD21.9mn), positively impacted by the increase in fee and commission income as well as the performance of the Company’s investment portfolio which grew at a slower pace in comparison to the same period in 2021. Fee & commission income increased by 2.6% in comparison to the same period in 2021 reaching KWD13.8mn, representing 81.1% of the total revenue.