Mubasher TV
Contact Us Advertising   العربية

Coast Investment’s losses down 70% in H1

Coast Investment’s losses down 70% in H1
Photo Credit: Arabianeye-Reuters
COAST
COAST`R
0.16% 62.00 0.10

Kuwait - Mubasher: Coast Investment and Development Company recorded a 52.2% decline in profits in the second quarter of 2016 to KWD 94,680 ($313,61), compared to KWD 198,150 ($656,340) in the same period last year.

As for the first half of the year, net losses declined 68% year-on-year to KWD 330,110 from KWD 1.03 million in H1-15.