Senergy Holding incurs KWD 534,690 losses in 2018

Mubasher: Senergy Holding Company on Tuesday announced turning to loss in the fourth quarter of 2018, incurring KWD 108,080 ($356,910), against a profit of KWD 979,140 ($3.23 million) in Q4-17.

For the full-year 2018, the firm suffered losses of KWD 534,690, compared to KWD 71,870 in profits a year earlier, according to a statement to Boursa Kuwait.

On Monday, Senergy Holding Company’s board of directors recommended not to distribute cash dividends for the previous year.

 

Mubasher Contribution Time: 26-Mar-2019 09:23 (GMT)
Mubasher Last Update Time: 26-Mar-2019 09:32 (GMT)