Kuwait-Mubasher: Investors Holding Group shrank its losses by 72.8% to KWD 1.24 million ($4.07 million) in the first nine months, compared to KWD 4.56 million ($14.98 million) in the same period of 2014.

The company was able to narrow its losses after evaluating its investments at a fair value and selling investments in associates, according to a bourse filing posted on Thursday.