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الدستور
Al-Dar Al-Dawa sees 49% H1 profit rise
Dar Al-Dawa for Development and Investment achieved a 49% increase in its net profits during the first half of 2026, reaching 2.61 million Kuwaiti dinars compared to 1.72 million dinars in the same period last year. This was driven by improved operational performance and lower financing costs. Although revenues declined to 36.41 million dinars from 37.31 million dinars, the reduction in cost of sales to 19.99 million dinars from 21.66 million dinars helped boost gross profit to 16.42 million dinars. Operating profit also increased to 4.40 million dinars from 3.67 million dinars, despite higher administrative, research and development expenses, and provisions for credit losses.
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