Injazat Real Estate Development Company announced the signing of an agreement with Tharwa Investment Company to provide market makers services on Injazat shares.
Injazat issued a statement to Boursa Kuwait today, Wednesday, stating that pursuant to this agreement, Tharwa will provide the service of the market maker on “Injazat” shares, as of December 22, 2021.
The company explained that the signing of the aforementioned agreement has no impact on the company's financial position.
Injazat's profits dropped by 55.5% in 9M2021 to about KWD 370,000, compared to reporting KWD 832,00 profits in the corresponding period of 2020.