Mubasher: Mashaer Holding Co has reported a decline of 13.1% in profits during the second quarter of 2018 compared to the same period in the prior year.
Earnings shrank to approximately KWD 128,720 ($425,580) in Q2-18 from around KWD 148,150 ($489,820) in the year-ago period, according to a bourse statement on Monday.
During the first six months of 2018, Mashaer's profits dropped sharply by 69.8% to KWD 172,600 from nearly KWD 570,900 in the same period last year.
