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Kuwait Bahrain International suffers losses in Q2

Kuwait Bahrain International suffers losses in Q2
Losses stood at about KWD 115,755 (Photo Credit: Arabianeye-Reuters)
EXCH
EXCH`R
20.00% 86.40 14.40

Kuwait – Mubasher: Kuwait Bahrain International Exchange suffered losses in the second quarter ended 30 June, 2016 against profits in the corresponding period a year ago.

Losses stood at about KWD 115,755 ($381,600) in Q2-16 versus earnings worth nearly KWD 103,887 ($342,430) in Q2-15, according to a bourse statement issued Sunday.

During the first half this year, the company posted losses of about KWD 152,780 against profits worth around KWD 282,312 in the same half a year ago.