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Mayadeen losses narrow 1% in Q3

Mayadeen losses narrow 1% in Q3
net losses reached KWD 2.07 million in 9M - Photo Credit: Company's Website
SHOOTING
SHOOTING`R
-2.01% 39.00 -0.80

Kuwait – Mubasher: National Ranges (Mayadeen) said Monday in a bourse filing that its net losses for the third quarter cut 1% year-on-year to KWD 727,880 ($2.4 million) from KWD 758,610 ($2.5 million).

In the first nine months, net losses reached KWD 2.07 million, lower 11.9% from KWD 2.35 million for the prior-year period.

In the first six months, the company logged KWD 1.34 million losses, down 15.71% year-on-year from KWD 1.59 million.