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Investors Q3 losses shrink 92.8%

Investors Q3 losses shrink 92.8%
Investors' losses shrank by 66.6% in nine months (Photo Credit: Arabianeye-Reuters)
INVESTORS
INVESTORS`R
0.00% 13.50 0.00

Kuwait – Mubasher: Investors Holding reported a decrease of 92.8% in losses during the third quarter of 2016 as compared to the same period a year ago.

Losses amounted to nearly KWD 78,370 ($257,800) in Q3-16 compared with KWD 1.09 million ($3.6 million) in Q3-15, according to a bourse statement issued Monday.

During the first nine months of 2016, losses shrank by 66.6% to about KWD 414,790 from KWD 1.24 million in the same period of 2016.