Kuwait – Mubasher: Al Deera Holding achieved profits during the third quarter of 2016 against losses in the same quarter last year.
Net earnings amounted to KWD 2.91 million ($9.58 million) in Q3-16 versus losses of around KWD 875,000 ($2.88 million) in Q3-15, according to a bourse statement issued on Monday.
During the nine-month period this year, profits reached approximately KWD 626,150 against losses of KWD 1.5 million in the same period a year ago.
On the stock level, Al Deera ended Monday’s trading session lower by 1.37% to 36 fils after 1.92 million shares were exchanged at a value of around KWD 68,500.
