Hilal Cement's losses reached KWD 24,370 ($80,380) in Q3-16 (Photo Credit: Arabianeye-Reuters)
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Kuwait – Mubasher: Hilal Cement posted a 10.5% year-on-year rise in its losses during the third quarter of 2016, according to a bourse statement.
Losses reached KWD 24,370 ($80,380) in Q3-16, compared to KWD 22,050 ($72,730) in Q3-15.
In the first nine months of 2016, the company trimmed its losses by 96.8% to KWD 3,710 from KWD 117,150 in the prior-year period.
Source:
Mubasher
