Photo Credit: Arabianeye-Reuters
KHOT
KHOT`R
KHOT`R
Kuwait Hotels registered 89.8% drop in its first quarter’s profits, posting about KWD 22,490 ($74,200) in Q1-15 compared to nearly KWD 219,87 ($725,200) in Q1-14.
The company’s earnings per share dropped to 0.4 fils in Q1-15 from 3.9 fils in Q1-14.
Kuwait Holetls suffered losses worth about KWD 9,700 in the fiscal year 2014, compared to around KWD 139,100 in the same period of 2013.
Source:
Mubasher
