Mubasher: Bayan Investment posted a decrease of 81% in losses during the first quarter of 2018 compared to the same period in the prior year.
Losses declined to about KWD 84,020 ($279,200) in Q1-18 from nearly KWD 443,780 ($1.48 million) in Q1-17, according to a bourse filing on Tuesday.
The drop in Q1 losses is attributed to differences from foreign exchange.
At the stock level, Bayan Investment closed Tuesday’s session 4.7% higher at 40 fils.
