IFA-Kuwait posts 18.3 million dinar quarterly net profit
International Financial Advisers reported quarterly net profit of 18.3 million dinars on revenue of 2 million, per Reuters, helped by discontinued operations.
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what happened
International Financial Advisers Holding reported quarterly net profit attributable to shareholders of 18.3 million Kuwaiti dinars, according to Reuters. Operating revenue for the quarter came to 2 million dinars.
Several items shaped the result. The gain on a partial sale of an associate rose by 3.8 million dinars, while the share of results from associates and a joint venture fell by 6.3 million dinars. The gain on disposal of assets held for sale grew by 965,555 dinars, and the gain on settling a related-party loan dropped by 3 million dinars. Profit from discontinued operations climbed by 17.9 million dinars, and taxation rose by 803,591 dinars.
why it matters
A large share of the quarter's profit came from discontinued operations, so the headline figure leans heavily on one-off items rather than core advisory income. Investors assessing IFA's recurring earnings would need to strip these out. The story concerns a single small Kuwaiti company, so its relevance is mainly to shareholders and lenders.
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sources
- IFA-Kuwait Qtrly Net Profit 18.3 Million Dinars — Reuters, 1 November 2026 at 05:29 UTC
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