Kuwait – Mubasher: Specialities Group Holding Company’s losses for the third quarter of fiscal 2016 widened by 186.5% to KWD 279,640 ($920,170), compared to KWD 97,600 ($321,160) for Q3-15.

Net losses for the first nine months of 2016 reached KWD 414,640, 75.2% down from KWD 1.67 million for the same period of 2015, according to a bourse filing.

The company earlier posted a net loss of KWD 134,740 for the first half of 2016, 91.4% down from KWD 1.57 million for H1-15.

The stock ended today’s session falling by 2.5% to 78 fils.