Kamco Invest reports net profit of KWD3.6mn for the first quarter of 2022
Total revenue for the period increased by 77.5% to reach KWD9.2mn (Q1 2021: KWD5.2mn), impacted by the increase in fee and commission income as well as the performance of the Company’s investment portfolio. Fee & commission income increased by 43.4% to reach KWD4.8mn, representing 52.5% of total revenue.