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Wethaq 9M financials turn negative

Wethaq 9M financials turn negative
Photo Credit: Arabianeye-Reuters
WETHAQ
WETHAQ`R
188.71% 110.00 71.90

Kuwait-Mubasher: Wethaq Takaful Insurance showed negative results for the nine-month period of 2015.

The insurance company suffered losses worth about KWD 281,000 in 9M-15, against earnings worth approximately KWD 470,000 in 9M-14.

Moreover, the company posted nearly KWD 961,800 losses in the third quarter, against profits worth about KWD 155,000 in Q3-14.