Kuwait – Mubasher: Ekttitab Holding achieved lower losses by 91.5% during the second quarter this year as compared to the same period a year ago. 

Losses shrank to about KWD 21,110 ($69,790) in Q2-16 from nearly KWD 248,010 ($819,950) in Q2-15, according to a bourse statement issued Tuesday.

Meanwhile, the company’s profits decreased by 94% to nearly KWD 274,360 during the first half of 2016 as compared to about KWD 141,420 in the same period of 2015.