Kuwait Foundry Q3 profit falls 96.6% to KD 841

Kuwait Foundry Company posted a profit of KD 841 in the third quarter of 2026, compared with KD 24,550 in the same period of 2025, a decline of 96.6%. Profit for the first nine months was about KD 1.52 million, compared with KD 2.25 million a year earlier, a decline of 32.5%. The company attributed the decline to lower realized investment income from financial assets at fair value through the statement of comprehensive income, according to Mubasher.