Kuwait-Mubasher: National Ranges Company (Mayadeen) suffered losses worth KWD 2.35 million ($7.71 million) in the first nine months of 2015, 10.9% higher than KWD 2.12 million ($6.95 million) suffered in the same period of 2014.

Mayadeen noted in a bourse filing posted Monday that the increasing losses resulted from growth in expenses of interest expenses as well as a rise in general and administrative expenses.