Al-Safat Investment Unit Makes $15 Million From China Investment

18/04/2010 00:00 AST

Al-Safat Investment Co., a Kuwaiti fund manager, said one of its subsidiaries made a profit of about 4.25 million dinars ($15 million) from exiting an investment in China.

The profit of about 5.5 fils a share will be added to Al- Safat Investment's second-quarter results, the company said in a statement to the Kuwait Stock Exchange today.


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